Big moves are being made in the gold and silver markets.
Gold, Silver & Copper COT
June 1 (King World News) – Ole Hansen, Head of Commodity Strategy at Saxo Bank: COT on metals in wk to May 26: gold longs were cut by 14% to 149k lots, lowest since last June and down 48% from Feb. peak.
Gold Longs Fall To Lowest Level Since Last June
A third week of buying lifted the silver long to 26.6k lots…
Silver Longs Have A Lot More Room To Add Positions
…while the copper short was cut in half.
Copper Shorts Cut Position In Half
KWN has now released an audio interview!
***To listen to the timely and powerful KWN audio interview with Egon von Greyerz click here or on the image below.
Silver To Soar
***Also Released: Greyerz – Silver Will Continue To Soar CLICK HERE.
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