Interesting: 

     



    Gold Silver


    Commercial High for Commercial High for


    Short Week Short Week
    Week of April 17,2017
              (211,064) $       1,294.80           (116,832) $            18.66
    Week of December 9, 2019
              (322,787) $       1,489.90             (74,299) $            16.83
      Change
               111,723 $        (195.10)             (42,533) $              1.83


    -53% -15% 36% 10%


    Since the April 17, 2017 high of $18.66 for Silver, gold commercial net short has increased over 50% while gold prices have increased 15%.  Conversely, Silver prices have fallen 10% and commercial net short has fallen by 36%.  It would appear that, relative to Gold, Silver has more room to run given the relative commercial short interest.

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