Commodity Trade Mantra

Posts Tagged ‘Silver Short Bubble’

The Comex Silver Short Bubble Is Huge

Yesterday the total Comex silver OI rose by another 4,909 contracts to close at 200,273. That’s the first time in the history of the Comex silver that total OI has exceeded 200,000 contracts. Why is Comex silver OI at record highs when price is at 5-year lows? From a CoT standpoint, this is all extraordinarily bullish for paper silver.

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