Time for a Silver ETF Renaissance?

July 13, 2009 by goldguru

Tom Lydon (ETF Trends) submits:

Some say that the price of silver could be ready for a renaissance. If that’s true, it may be time to keep a close eye on silver exchange traded funds (ETFs).

Are we nearing the end of the great silver depression? Theodore Butler for SilverSeek thinks that the days of the silver price depression are just about gone and that the metal could be headed for its true free market price. That’s a price much higher than what it is now, Butler points out. What’s his argument?

An apparent liquidation cycle taking place on the COMEX for silver and gold futures

Historically, low-risk entry points are presented when liquidation cycles have exhausted themselves