50-Year Veteran – What’s Next After Massive Gold & Silver Shorting by Bullion Banks

May 12, 2016

With the war in the gold and silver markets continuing to rage, today a 50-year market veteran discussed what’s next after massive shorting by commercial hedgers and bullion banks.

John Embry: “I can’t say that I’m terribly surprised by what is happening to gold and silver prices this week given the remarkable build in the open interest on the Comex and the staggering level of the commercial — i.e. bullion banks’ — short positions…

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