Large Specs Net Short in silver
Commercials are 82k Long and 96k short. Large Specs are Net Short.
And a very high GSR of 80-1.
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Somethings going to happen soon. Big move up, or bye bye and turn the lights out, lol.
And yet gold is just the opposite. Very odd. Any ideas why?
Strange to be sure….I doubt its ever been so divergent with Silver…the COTs usually move in tandem.
It seems to me the commercials are positioning themselves long. They will suck in as many Large Specs short as they can. At a bottom it is getting harder and harder to make a profit. So there is only one way to go and that is up. Whether that is tomorrow, next week, next month or a few months who knows. Place your bet and watch this develop. Commercials are only 14k away from being Net Long. i.e. cover 7k and take 7.5k new long. My example could happen in just one week.