Bullion banks and commercial traders made moves in the gold and silver markets.
All-Time Record Short
October 5 (King World News) – Bullion banks and commercial hedgers covered some of their short positions after being all-time record short the gold market last week.
10-Year Chart Shows Bullion Banks And Commercial Hedgers Remain Near All-Time Record Short The Gold Market
25-Year Chart Shows Banks & Commercials Near All-Time Record Short The Gold Market
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
Commercial Hedgers Covered A Bit Of Their Shorts In The Silver Market
For those keeping track of silver, the commercial short positions are nowhere near all-time record levels, while they remain near being all-time record short the gold market. It will be very interesting to see if the commercials have covered some 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.
KWN has now released David Stockman’s powerful audio interview and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
David Stockman Audio Released!
READ THIS NEXT! David Stockman Audio Now Released CLICK HERE TO READ
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David Stockman – There Will Be A Big Flight To Gold As We End The 3rd Great Bubble Of This Century CLICK HERE TO READ
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