Posted by billnew52 on 25th of Jan 2012 at 07:10 am
The DailyGold references the sentimentrader.com's latest reading
on sectors. The Gold Bugs is the only bullish sector due to
the high level of pessimism currently regarding the gold
miners. Here is the link:
http://thedailygold.com/featured/another-chance-to-sell-common-stocks-and-buy-precious-metals/?p=12706/
I own physical silver. In case I think that silver will go down,
I would not sell my pysical silver but I would short SLV.
Buying back physical cost me more than covering SLV.
For me it's plausible that there are a lot of SLV shorters out
there.
the shorts are there to keep the price of the ETF subdued as
there is not the physical Silver available to purchase to satisfy
the demand. At least not at the current price for SLV.
If you want to short Silver there are other routes to do it, why
use SLV? And why naked shorts on a supposed bullion holding
vehicle?
Short float on SLV 8%!! GLD is 3.75%
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Gold Bugs Sector Sentiment
Posted by billnew52 on 25th of Jan 2012 at 07:10 am
The DailyGold references the sentimentrader.com's latest reading on sectors. The Gold Bugs is the only bullish sector due to the high level of pessimism currently regarding the gold miners. Here is the link: http://thedailygold.com/featured/another-chance-to-sell-common-stocks-and-buy-precious-metals/?p=12706/
Silver JAN Delivery is larger than the BIG delivery month of DEC!!
Posted by saturn6 on 25th of Jan 2012 at 08:25 am
Also a huge!! 25Million shares short on SLV...
This explains it better!
What's the point with the
Posted by zwyss on 25th of Jan 2012 at 08:34 am
What's the point with the SLV shorts?
I own physical silver. In case I think that silver will go down, I would not sell my pysical silver but I would short SLV. Buying back physical cost me more than covering SLV.
For me it's plausible that there are a lot of SLV shorters out there.
Huge Shorts SLV - It is presumed that...
Posted by saturn6 on 25th of Jan 2012 at 09:53 am
the shorts are there to keep the price of the ETF subdued as there is not the physical Silver available to purchase to satisfy the demand. At least not at the current price for SLV.
If you want to short Silver there are other routes to do it, why use SLV? And why naked shorts on a supposed bullion holding vehicle?
Short float on SLV 8%!! GLD is 3.75%