Founders: Goldman just kind of slipped in a recommendation Friday...
Exclusive: Silver Shorts are Stubborn, We tell you how it ends
Housekeeping: There was lot of ground to cover this weekend and we wanted to get it right ( off tomorrow) headed into the week. Lots of good stuff to should keep you busy! Cheers!
When they are right in Silver, they are lucky. When they are wrong, they are toasted
Contents:
TD Report Shows Silver Shorts are Stubborn, We tell you how it ends
Goldman is pretty sneaky….
Zen Moment: A Dog, Cat, and Frog walk into a bar
1- TD Report Shows Silver Shorts are Stubborn, We tell you how it ends
Before we get to Goldman here’s the latest from TD:
On the week, Gold shorts covered aggressively, while Silver Shorts once again added.
What is going on?
We’re going to tell you. It’s called a Rolling short-covering rally.
CTAs generally view Silver as economic and Gold as Precious. They like to sell gold and buy Silver/Copper in an economic recovery. They also like to Buy Gold and sell Silver in a recession or as war hedge.
That is a huge reason ( after and because of market price suppression) why Silver does not get the love it deserves since we began trading. They are wrong, and time will prove that relatively soon. But until it does, be aware of it.
We’ve shared that here several times pretty accurately.