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S W
Member since May 2012
668 commentaries - 5 followers

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Silver Short Squeeze 2

- Adam Hamilton - Zealllc

Your recollections are correct and after just now having read Weiner's Monetary Metals Report (weekly) he refers to a reported silver short squeeze and states absolutely NO WAY.
The data backs it up.

Commented 3756 days ago

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Beginning of the headline :Silver is poised for a massive recovery upleg in 2014, a mean reversion from last year’s dismal action.The main driver of silver’s initial strength will be American futures speculators covering shorts.These bearish bets on silver soared to a bull-record high last month, which will require exceptional buying to unwind.Futures speculators as a herd always bet wrong at major lows, they are a fantastic contrarian indicator.Because futures trading is such a hyper-leveraged zero-sum game, futures trad... Read More

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