Commercials Cover All-Time Record Number Of Silver Short Positions! Also Covering Gold Shorts!

金銀價已見底 ?

kingworldnews.com

With the gold and silver markets rallying, King World News is pleased to report that the commercials have covered an all-time record number of short positions in the past 2 weeks! Commercials also continued to cover gold shorts!

Commercials Just Covered Massive Number Silver Shorts (10-year chart)

Below is a look at a longer-term 23-year chart of commercial shorts in the silver market…

Notice the massive, all-time record spike in short covering on the right hand side of the chart (see chart below).

23-Year Commercial Silver Chart Shows Record Short Positions

Commercials also continued to cover short positions in the gold market (see chart below).

Commercials Also Covering Gold Shorts (10-year chart)

All of this short covering is a very positive and significant step in the right direction for the gold and silver markets.  KWN will continue to let our global readers know what is happening with commercial short covering in the coming weeks.