Silver is set up for explosion!

By: Peter Brandt

Price, volume and the COT data are the kings.
They were kings when Silver blasted off in late 2005. They were kings when Silver bottomed in early 2010. They were kings when Silver topped in April 2011. And they are kings behind this current strong rally.
For the past six months Silver bulls should have just kept silent and let price, volume and COT data tell the story. Price should interpret your view, not the other way around.
Silver has a combination of very strong technical factors. The weekly and daily charts display a possible 6-month bull flag.