Silver COT Update

by Dan Norcini
Trader Dan

This one will be brief…

Let’s stat with the overall NET POSITIONS chart:

[…] As you can see the Battle Royale between the titans of the Silver pit, aka, the Hedge funds versus the Swap Dealers ( and Commercials) continues unabated.

Once again another new all-time record high for the hedge funds against a new all-time record high for the Swap Dealers in their Net Short positions. Commercials remain well off their peak net short position scored some seven years ago.

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