Silver is a great risk-reward trade

SILVER, better known as gold on steroids due to its extreme volatility, has historically performed better under a new secular precious metal uptrend. Silver follows a similar eight-year cycle pattern to gold where a cyclical low is formed in between every eight years, and then a secular bull market takes over.

Our study shows two interesting points for the cyclical low: the US$13.63 December 2015 low and a more rece…