Explosive Silver Rally Soon?

More just in from Ted Butler:

[I suggested] last week that we were structured for a rally of the explosive variety.

To say that the silver market is set up and has the real potential of exploding in price is an understatement. In fact, it’s hard for me to conceive of a single real bearish factor.

And it’s not just that there are many bullish factors present in silver as much as it is the extreme condition of all those bullish factors. That physical supplies are as tight as they are, at the same time the market structure is set up so well, at such depressed prices is a wonder to me. I never thought such conditions could exist at the same time.

◊◊◊◊ Now: Gold @ $894.80, Silver @ $13.37, USDX @ 76.47 ◊◊◊◊
◊◊◊◊ Now: DJIA 11,003.75

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