There was a positive development in the Silver Market on Friday that I discuss in my weekend update and why the price may be bottoming. Also, the fundamentals show that silver will likely hold up better than gold in the short term. Also, there seems to be more Bad News in U.S. Shale Oil…
Well, it’s about time. There was a Positive Development in the Silver Market today that I wanted to share with subscribers. It wasn’t just the silver and SLV ETF price selling off, then rapidly reversing much higher. While that was a good sign, there was also a bullish factor I had been waiting for…
The Sinking of the Bakken Oil Ship has begun as the forecast of production growth this year has turned into a decline. This is certainly bad news because the U.S. was supposed to be the swing producer for the world, but is now struggling to maintain production. And, this will likely worsen in the years ahead…
Continuing the Extreme Silver Market Setup, I wanted to provide a quick update. Also, I will be a part of a Silver Market Twitter Spaces chat today at 4 PM EST. If you miss it, you can listen to the recording. It is important that you watch this update as a Big Move is likely coming in Silver…
If you thought the Silver Market couldn’t get more Extreme… think again. With the newest data just out, the short positions against the iShares SLV ETF surged to a new high of 60 million. This represents nearly 12% of all the outstanding shares. Unfortunately, some traders are now holding onto significant losses as the silver price jumped more than $1 today…
Not only has Smart Money become Net Long in Silver, they are also long in other metals. So, why does there continue to be a massive short position against the Silver SLV ETF? Good question. There seems to be an enormous, record Hedge bet on the market for a Crash; thus, investors think the silver price will continue to fall. But will it…