Jim Iuorio Likes Silver, Not Just Catch Up Trade to Gold (SLV, GLD)

Jim Iuorio of TJM Institutional Services (who called the massive US Dollar rally in November - video) had some words about gold and silver today on CNBC.

“Over the last three months, silver is leading the pack and it crosses over from the precious metals to the industrial metals space too you can make more of an argument to buy silver,” he said. “So I think silver’s the good trade, not the catch up trade.” [from CNBC.com]

I'll post GLD, GDX, GDXJ, SLV, HL charts after this post.