Re: COMEX Commercial Silver Net Shorts Lowest in Eight Years
From the article:
Bottom line: The market price of silver is liable to do anything very short term, but the largest of the largest commercial traders are positioning as though they believe that silver has a great deal more upside than the opposite.
For the week silver down $1.84 or 5.8% - LCNS down 5,339 or 22% - to the lowest LCNS in 8 years. This suggests little confidence by the comercials in lower silver prices looking ahead.