People who can barter with physical goods will likely be in better shape than those who don’t. I am just upgrading the quality of my particle masks for construction projects and enjoying dips in the spot price of silver.
Data published in the Commitments of Traders (COT) reports over the past four reporting weeks indicate a number of highly unusual changes in COMEX silver futures positioning. One such highly unusual change is the emergence of a big managed money trader on the short side...
The one saving grace for higher silver prices is the physical shortage, which grows more pronounced daily. Surely, continued suppressed prices will not resolve the physical shortage, regardless of continued regulatory failure.
Yes, I am convinced a real and present danger and emergency exists in COMEX silver, mainly as a result of the new 100 million oz long and short position created over the past three days which can’t help but result in extreme price volatility dead ahead.
And, for the fourth week in a row, the '5 through 8' big Silver shorts decreased their net short position, this time by 1,661 contracts -- and are currently short 17,850 COMEX contracts, which continues to be a very positive development.