Commodity Trade Mantra

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Gold and Silver Investor Sentiment Sours Exactly when a Turnaround is Imminent

Commercial traders such as banks have engaged in “huge short covering,” moving into more bullish positioning, according to Commodity Futures Trading Commission data. Meanwhile, the more momentum-driven funds have sold off a large chunk of their paper silver to them. History has shown this to be a bullish indicator for the coming reversal in silver prices.

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