from King World News
After a large decline in the dollar this week, both gold and silver continued to surge on Friday, with gold gaining close to $30 and silver rising 30 cents. On the heels of that trading, below is an important update on the war that is raging in the gold and silver markets.
The following charts are from Jason Goepfert at SentimenTrader.
[…] Commercial Short Positions In Silver Hit All-Time Record High!
King World News note: Below you can see the commercial hedgers position in the silver market market. Note that commercial hedgers been adding aggressively to their short positions and have hit a new high in terms of their overall shorts (see multi-year chart below).