There has been a huge move in speculative silver longs as we
approach a net long position of 70,000 contracts. Historically this
is a huge amount of net longs and is significantly higher than the
net long position we saw in 2011 when silver was close to $50 per
ounce. I
t is the silver market where investors need to be extremely
cautious in because we have far surpassed the previous net long
speculative positioning seen in 2011 - there's a lot of speculative
money in the silver market!
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Silver Net Longs Rise To An All-Time Record Above The 2011 Silver Peak; Caution Advised
Posted by steve101 on 24th of Apr 2016 at 09:18 am
http://seekingalpha.com/article/3967534-silver-net-longs-rise-time-record-2011-silver-peak-caution-advised?isDirectRoadblock=true&uprof=80
There has been a huge move in speculative silver longs as we approach a net long position of 70,000 contracts. Historically this is a huge amount of net longs and is significantly higher than the net long position we saw in 2011 when silver was close to $50 per ounce. I t is the silver market where investors need to be extremely cautious in because we have far surpassed the previous net long speculative positioning seen in 2011 - there's a lot of speculative money in the silver market!