Author argues yen strength could unwind the yen carry trade and leveraged silver longs, making this a time to short silver.
Unpriced research observations (excluded from Calls and Returns):
XAGUSD — SHORT The author argues that the Japanese yen strengthening over two consecutive sessions may unwind the yen carry trade, which has provided liquidity for institutions and hedge funds speculating on silver. This could force an unwinding of leveraged long silver positions and precipitate a sharp correction if USD/JPY continues to fall. Silver is described as lacking the central-bank demand that supports gold and as likely overstretched. The author suggests shorting silver now, while cautioning that a violent uptick could eat up an entire leveraged short position. Exact non-equity contract requires separate historical validation; no generic proxy.
This might be finally the time to short SILVER