Nice going Dan–do u care to show us your profit and loss statement for the past 5 yrs? LOSER-!!
4-22–Silver Commitments of Traders – Halloween is Arriving Early This Year
By that I mean, it just keeps getting scarier and scarier.
My guess is that every speculator on the planet is long silver/short gold or outright long silver.
That of course is an exaggeration but I am not exaggerating when I categorically state that the silver market is a train wreck just waiting to happen. As I have said before, and will say so again – I would rather miss any more upside in this market than get long now, not with a trade so lopsidedly jammed with speculators on the long side. I will leave that for the daredevils and others who like driving the stagecoach as close to the edge of the mountain pass road as they possibly can.
Here is a look at the hedge fund outrights:
Is Physical Silver About To Overrun Paper Or Do Old Indicators Matter Yet?