Banks Likely Covered Gold & Silver Shorts On Precious Metal Selloff

Image Source: Unsplash


One of the key things to watch in the precious metals markets this week is this Friday's COT report.

The banks held large short positions prior to the selloff (particularly in silver), and on Friday we'll find out just how much short-covering they did as the price was coming down.

We go through that, and the latest precious metals, all in today's show.

Video Length: 00:17:07


More By This Author:

Gold, Silver & Stock Liquidation Continues
COMEX Sees Massive Amount Of Gold Stand For Delivery With 'Reciprocal Tariffs' On Deck
Gold Price Sets Another New Record, Silver Drops Under $35, & EFP Premiums Spike Again

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.
Or Sign in with