On the heels of Friday’s rally in the precious metals markets, commercial hedgers have been making moves as gold and silver prices continue to surge.
Commercial Trading In Gold & Silver
June 7 (King World News) – For those who were wondering what the commercials were doing as gold and silver prices surged, here is the latest news…
Gold is making its way back into the global monetary
system, to learn more CLICK HERE!
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Silver
Commercial hedgers added a bit to their short positions this week after going long the silver market for only the 2nd time in history last week (see chart below).
Commercials Remain Close To Being Net-Long Silver!
Big Picture Bullish For Silver
25-year chart shows commercial hedgers remain wildly bullish on the silver market (see chart below).
25-Year Chart Shows Commercials Wildly Bullish On Silver
Gold
Commercial hedgers added significantly to their short positions in the gold market but are nowhere their maximum level of shorts (see chart below).
Commercials Increase Gold Shorts
It will be very interesting to see if the commercials have added to their gold and silver shorts in next week’s COT report. For those who accumulate physical gold and silver on a dollar cost basis, continue to make purchases at the same time each month. Do not get cute and try to time the market.
And discussing the coming market collapse, the surge in gold and silver and what to expect next for the metals, KWN has now released Egon von Greyerz’s powerful audio interview and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***Also just released: “Gold Is Back Above $1,300 And I’m Shocked It’s Not Much Higher” CLICK HERE TO READ.
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