Silver is a Steal

Featuring

Michael Purves, chief global strategist and head of derivatives strategy at Weeden & Co. likes buying silver. He sits down with Alyona Minkovski to discuss the catalysts, key levels to watch out for, and how to make the trade. Filmed on April 9th, 2018.

Published on
13 April, 2018
Topic
Positioning, Volatility, Hard Commodities
Duration
8 minutes
Asset class
Commodities
Rating
7

Comments

  • DY

    Dmytro Y.

    15 8 2018 16:15

    0       0

    Another WRONG idea from RV! Just total screw up from RV for commodities! Just stop doing this bull sh!t!!!!!!!

  • JL

    Jordan L.

    28 5 2018 00:43

    0       0

    I'd love to see a full interview Purves about his background, strategies, etc. He's an excellent trader that doesn't get emotional or married to positions.

  • DY

    Dmytro Y.

    21 5 2018 07:00

    0       0

    Going long Silver and Gold would be indeed a steal :))) given it only went down and would lose money so far. The interviewer should have asked him why or how he discounts the effect of interest rates in US and subsequent affect of the US Dollar and Fed rates. The CFTC positioning was indeed suggesting a possible breakout of the price higher. Reality is this did not and does not happen.