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USV - Junior Silver Mining Shares Can Add Leverage For Silver Bulls
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I have traded silver for the past four decades. The precious metal does an excellent job lulling market participants into a trance before the price makes a significant move.
I learned a lot about the liquidity of the silver market in the mid-1990s when the price slipped below $5 per ounce. At that time, I worked for at the Phibro division of Salomon Inc, which became Citigroup. Together with three other senior traders at the firm, we amassed a proprietary position in the silver market. The risk positions consisted of a combination of futures, physical