Loading ...…looks encouraging.
CFTC Commitments of Traders Report – CMX (Futures Only)
Even though the changes in silver appear inconsequential – the fact the commercials were so restrained post this reporting period indicated they are not willing to go short now (even though traders think “deflation” is dead ahead, which is why they are shorting gold and silver).
Notice silver has gone from ~ $22 to ~$24 with no appreciable increase in open interest.
Metals Daily Exchange Volume & Open Interest – CME Group
Once some semblance of stability returns to the equity complex silver is poised to make a run for the roses.
Cheers all