Silver Stackers

[Bertsllc]

Bitcoin speculators being crushed will they now move into silver?

Every market has its favorite speculative asset and for the past few years the electronic funny money Bitcoin has ruled this roost. Yesterday Bitcoin rebounded from a 20 per cent sell-off over the weekend. But year-to-date speculators in this novel specie have lost 40 per cent of their money in dollar terms.

These are the same mad speculators who drove the silver price up to nearly $50 three years ago. Since then the shiniest of metals has crashed back to earth and now stands at an alluring $17 an ounce, precisely the point at which it previously began its almost 300 per cent price surge.

http://www.silverseek.com/commentary/bitcoin-speculators-being-crushed-will-they-now-move-silver-13668