vrijdag 30 juni 2017

Gold/Silver COT Report Points to Bottom

Very good news today, it looks like silver has found a bottom. The amount of managed money silver short positions has reached the same highs as in 2015 and 2016, while the silver price is higher. So I believe we could see silver rise to $18/ounce.

Gold is doing even better as the gold price went up while managed money short positions went up too. I will be buying some silver mines soon.

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