Banks Cover Gold Shorts, But Silver Position Remains Elevated

While we were awaiting resolution to the tariff policies earlier this year, the gold and silver short positions by the banks had grown dangerously large.

Image Source: Unsplash


While we were awaiting resolution to the tariff policies earlier this year, the gold and silver short positions by the banks had grown dangerously large.

There's since been a lot of short covering in gold, and some reduction in silver. Although on the silver side, the position is still at an elevated level.

But we take a look at that, and the warehouse inventories in today's show. 

Video Length: 00:16:43


More By This Author:

BRICS/China Sell U.S. Treasuries Big Pre-Summit
US Mulls Additional Sanctions On Russia
Gold & Silver Rally Again, As U.S. Considers More Sanctions On Russia

STOCKS IN THIS ARTICLE

Also Mentions:

Comments