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Gold Headlines

A COT Surprise in Silver (Ed Steer)

Overall, the short position of the Big 8 commercial traders in silver remains off-the-charts bearish from a COMEX futures market perspective. They would have to cover 30,000 contracts of their short position to get back to being bullish -- and that just ain't going to happen... Of course not to be forgotten -- and which also has a huge and negative impact on the silver price, is the outrageous and grotesque short position in SLV...now up to 48.46 million shares/troy ounces...

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