Banks Covered Gold And Silver Shorts During Post Election Selloff
Image source: Pixabay
The data is out for the period covering the post-election selloff in gold and silver, and sure enough, the banks did a lot of short-covering.
In today's show we take a look at the latest data, and also how the metals have fared since the Fed's 50 basis point rate cut in September while the dollar has rallied over 6%.
We also consider at some of the solar ideas that Elon Musk has floated in the past, that now he may actually be in position to implement. Which of course would have an impact on the demand for silver.
Video Length: 00:19:27
More By This Author:
Silver Funds Add Over 100 Million Oz Since MarchLarge Gold And Silver Short Covering By Banks In Past Week
Trump Win Could Lead To Shocking Financial Change
Disclosure: None.
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
