LATEST NEWS: Get It While It's Cheap: Now Is the Time to Stock Up on Silver

Silver prices have been slumping ever since they hit a 2014 high of $22 in February.

Now, the meta is trading around $19 – a price that screams “buying opportunity.”

You don’t have to take my word for it, though.

Just look at what Wall Street’s doing: Looking at the options market, it’s clear hedge funds have ordered their traders to go long on silver prices, betting on silver ETFs.

On Friday, there were 36,000 call contracts (bullish bets) taken out on the iShares Silver Trust ETF (SLV), compared to 15,000 puts (bearish bets).

In all, traders have exchanged about three calls for every put that’s changed hands this year. That’s the highest annual put-to-call ratio on the fund since 2009, according to Bloomberg data.

This makes sense. Silver suffered its worst performance in more than 30 years in 2013, falling 28%. At this point, there’s simply not much lower it can go.

Furthermore, inflation, emerging market demand, and geopolitical risk are all on the rise.

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