The Phaserl


80% Chance Of A 40% Silver Short Squeeze

from Zero Hedge:

In the last 20 years, Silver shorts (in Silver futures, based on the Commitment of Traders data) has only been as high as it is currently for five periods. Four of those five periods were followed by considerable rallies in silver prices. The one period where prices flatlined (fell modestly) was a slow and steady rise in shorts (as opposed to the spike-like move currently). Of course, with near record amounts on the short side of the boat, it would seem clear where Silver should go next but this time is different we will be told.

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1 comment to 80% Chance Of A 40% Silver Short Squeeze

  • Frank Zak

    Zero Hedge screwed that up. Look for yourself
    at how many tops there are and which ones
    he ‘selects’. The data does not have enough statistical
    samples anyway.

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