On the heels of a wild week that culminated with a U.S. missile strike against Syria, the war in the gold and silver markets continues as the commercial shorts in the silver market just hit a new all-time record!
WARNING: Commercial Silver Shorts Hit All-Time Record (10-year chart)
Below is a look at a longer-term 23-year chart of commercial shorts in the silver market.
DANGER: 23-Year Commercial Silver Chart Shows Record Short Positions
After the initial news of the U.S. missile attack on Syria sent both gold and silver higher, the silver market was attacked by the commercials and reversed. This attack has to do with the fact that the commercials are now holding all-time record short positions. Commercial signal failures are extremely rare. This means it is quite possible that we could see major weakness appear in the silver market, until the commercial positions show a significant change.
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