Why am I in Silver? The question is why aren't you in silver? If you believe the economy is hot, and that manufacturing can't stop and won't stop, countries are hoarding precious metals, the US relationship with China is not getting better anytime soon, and that the number of Futures held on silver far exceeds the volume held at the Vaults... then why aren't you in Silver?
What about the bank puts? I have no idea.
What does the images show:
See that crazy red candle on futures and how it didn't do shit to the momentum? A similar candle occurred around 10pm last night. And someone has been trying to silence this rally during low volume periods for the last few weeks. No idea who though.
Why SLV? Because AGQ is too expensive. You can't buy options on PSLV. Futures require a fuck ton of liquid cash, and the org that runs the Futures is changing the collateral requirements it seems weekly. And finally why not physical? Well good luck finding it.
TlDR: I like silver. I don't think it crashes unless industrial demand crashes and there seems to be a shortage.