First published by Money Metals here: https://www.moneymetals.com/news/2018/04/23/is-it-wise-to-invest-in-silver-001460

The Silver Market is setting up for one heck of a move higher as investors are waiting for the signal to start buying. While the silver price has shot up due recently, it still isn’t clear if this is the beginning of a longer-term uptrend. The reason for the quick spike in silver was likely due to a small short-covering rally by the Large Speculators trading on the Comex.