{"id":22618,"date":"2020-08-02T17:11:47","date_gmt":"2020-08-02T23:11:47","guid":{"rendered":"https:\/\/srsroccoreport.com\/?p=22618"},"modified":"2021-09-17T11:19:15","modified_gmt":"2021-09-17T21:19:15","slug":"something-amazing-happened-in-the-silver-market","status":"publish","type":"post","link":"https:\/\/srsroccoreport.com\/public\/something-amazing-happened-in-the-silver-market\/","title":{"rendered":"Something Amazing Happened In The Silver Market"},"content":{"rendered":"<p>Something quite interesting took place in the silver market last week.\u00a0 There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come.\u00a0 <span style=\"color: #800000;\"><strong>In my newest video update, I explain the positive changes not seen since silver was racing up towards $50 in 2010-2011.<\/strong><\/span><\/p>\n<p>In my last video update, I stated that the silver price on the monthly chart needed to close on July 31st, above the $21 level, to remain in a BULL MARKET.\u00a0 Not only did it close above $21, but it also closed near the highs of the day at $24.50.\u00a0 However, there was a great deal of trading volatility, especially on Tuesday, when silver fell almost $4 in just a few hours.<\/p>\n<p><span style=\"color: #800000;\"><strong>I believe this huge $4 correction in just a few hours was likely initiated by Big Traders (Bullion Banks) to liquidate a portion of their short positions as the silver price was getting out of hand<\/strong><\/span>.\u00a0 The evidence to prove this was shown in the new Silver COT Report, which reported a substantial decrease in the Commercial Net Short positions.<\/p>\n<p>I explain what took place in my newest video, <a href=\"https:\/\/www.youtube.com\/watch?v=geF5Y9qq19Y\" target=\"_blank\" rel=\"noopener noreferrer\"><em><strong>Something Amazing Happened In The Silver Market<\/strong><\/em><\/a>, and why I now see the silver price continuing to move higher in August:<\/p>\n<p><iframe loading=\"lazy\" title=\"Something Amazing Happened In The Silver Market\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/geF5Y9qq19Y?wmode=transparent&amp;rel=0&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Please follow me on my <a href=\"https:\/\/twitter.com\/SRSroccoReport\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>SRSrocco Report Twitter Feed<\/strong><\/a> as I continue to post new INTRADAY Updates on Silver and other topics.<\/p>\n<script>(function() {\n\twindow.mc4wp = window.mc4wp || {\n\t\tlisteners: [],\n\t\tforms: {\n\t\t\ton: function(evt, cb) {\n\t\t\t\twindow.mc4wp.listeners.push(\n\t\t\t\t\t{\n\t\t\t\t\t\tevent   : evt,\n\t\t\t\t\t\tcallback: cb\n\t\t\t\t\t}\n\t\t\t\t);\n\t\t\t}\n\t\t}\n\t}\n})();\n<\/script><!-- Mailchimp for WordPress v4.12.2 - https:\/\/wordpress.org\/plugins\/mailchimp-for-wp\/ --><form id=\"mc4wp-form-1\" class=\"mc4wp-form mc4wp-form-5 mc4wp-form-theme mc4wp-form-theme-red\" method=\"post\" data-id=\"5\" data-name=\"Posts &amp; Updates\" ><div class=\"mc4wp-form-fields\"><div class=\"mcform\">\r\n  <div class=\"mcform-text\">\r\n    Enter your email address to receive updates each time we publish new content.\r\n  <\/div>\r\n  <div class=\"mcform-email-address\">\r\n  \t<input type=\"email\" id=\"mcform-input-email\" name=\"EMAIL\" placeholder=\"Your email here\" required \/>\r\n  <\/div>\r\n  <div>\r\n\t<input type=\"submit\" id=\"mcform-button\" value=\"Sign Up Now!\" \/>\r\n  <\/div>\r\n<\/div><\/div><label style=\"display: none !important;\">Leave this field empty if you're human: <input type=\"text\" name=\"_mc4wp_honeypot\" value=\"\" tabindex=\"-1\" autocomplete=\"off\" \/><\/label><input type=\"hidden\" name=\"_mc4wp_timestamp\" value=\"1777569951\" \/><input type=\"hidden\" name=\"_mc4wp_form_id\" value=\"5\" \/><input type=\"hidden\" name=\"_mc4wp_form_element_id\" value=\"mc4wp-form-1\" \/><div class=\"mc4wp-response\"><\/div><\/form><!-- \/ Mailchimp for WordPress Plugin -->\n<p><strong><em>DISCLAIMER:<\/em><\/strong> <span style=\"font-size: .9rem;\"><em>SRSrocco Report provides intelligent, well-researched information to those with interest in the economy and asset values. Neither SRSrocco Report nor any of its owners, officers, directors, employees, subsidiaries, affiliates, licensors, service and content providers, producers or agents provide financial advisement services. Neither do we work miracles. We provide our content and opinions to readers only so that they may make informed decisions on all types of assets. Under no circumstances should you interpret opinions which SRSrocco Report or Steve St. Angelo offers on this or any other website as financial advice.<\/em><\/span><\/p>\n<p>Check back for new articles and updates at the <a href=\"https:\/\/srsroccoreport.com\/\" rel=\"noopener noreferrer\"><em><strong>SRSrocco Report<\/strong><\/em><\/a>.\u00a0 You can also follow us on Twitter and Youtube below:<\/p>\n<ul class=\"srsr-social-ul\">\n<li id=\"srsr-minilogo-li\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/srsroccoreport-mini-logo-100x35-1.png\" \/><\/li>\n<li class=\"srsoc-li\"><a href=\"https:\/\/srsroccoreport.com\/twitter\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/follow-us-on-twitter-165x35-1.png\" \/><\/a><\/li>\n<li class=\"srsoc-li\"><a href=\"https:\/\/srsroccoreport.com\/youtube\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/srsroccoreport.com\/public\/wp-content\/uploads\/2016\/04\/follow-us-on-youtube-165x35-1.png\" \/><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Something quite interesting took place in the silver market last week.\u00a0 There was a remarkable change in the dynamics controlling the silver market, indicating much higher prices to come.\u00a0 In my newest video update, I explain the positive changes not seen since silver was racing up towards $50 in 2010-2011&#8230;.<\/p>\n <a href=\"https:\/\/srsroccoreport.com\/public\/something-amazing-happened-in-the-silver-market\/\"><div class=\"continue-reading\">Continue Reading<\/div><\/a>","protected":false},"author":3,"featured_media":22619,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,22,7],"tags":[2,17,45],"class_list":["post-22618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-free-members","category-news","category-precious-metals","tag-public","tag-silver-investing","tag-silver-price"],"_links":{"self":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/22618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/comments?post=22618"}],"version-history":[{"count":0,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/posts\/22618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media\/22619"}],"wp:attachment":[{"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/media?parent=22618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/categories?post=22618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/srsroccoreport.com\/public\/wp-json\/wp\/v2\/tags?post=22618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}