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The COMEX Silver CoT

Large Speculators long 63,023 contracts.

Large Speculators short 64,531 contracts.

This gives a NET short position of 1,508 COMEX silver contracts.

On the CoT report of July 24, 2015, the NET position of the Large Specs in silver bottomed out at just 4,245 contracts long. Interestingly, this report was surveyed just four days after the publication of the infamous Wall Street Journal article that proclaimed gold to be a "pet rock": http://jasonzweig.com/lets-be-honest-about-gold-it...

https://www.sprottmoney.com/


Our Ask The Expert interviewer Craig Hemke began his career in financial services in 1990 but retired in 2008 to focus on family and entrepreneurial opportunities. Since 2010, he has been the editor and publisher of the TF Metals Report found at TFMetalsReport.com, an online community for precious metal investors.


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