$ Silver $

[SethArb]

if you mean the banks holding the bullion in the ETF's GLD and SLV ...

they have indeed made public some of that info

 

[daddyeaux]

true,

I'm referring to these pool accounts and bullion bank certificates which are a claim check to bullion.

my view is if you dont have it, you dont own

 

[daddyeaux]

Quote from JaiSreeram:

Quote by daddyeaux "comm short interest is around 120,000 contracts

$30-$40 silver seems now possible"



What do you mean to say?

http://www.silverassociation.org/seespotrun.html

 

[daddyeaux]

ooooo

silver squeeze is on, Bunker Hunt, we salute you

 

[parabolic]

Just went over $20

 

[romik]

"The most recent Commitment of Traders Report (COT), for positions held as of Feb. 12, indicates the four largest short traders now hold a record position of 59,564 contracts, or almost 298 million ounces, That’s 170 days of world mine production. The eight largest traders are now net short 73,987 futures contracts, or nearly 370 million ounces, That’s 211 days of equivalent world mine production. Let me repeat, these are all records. Never have there been larger concentrated short positions in silver."

Mr T Butler (Feb 18 2008)

 

[daddyeaux]

of interest will be lease rates for tomorrow and the COT on Friday

 

[parabolic]

Quote from romik:

"The most recent Commitment of Traders Report (COT), for positions held as of Feb. 12, indicates the four largest short traders now hold a record position of 59,564 contracts, or almost 298 million ounces, That’s 170 days of world mine production. The eight largest traders are now net short 73,987 futures contracts, or nearly 370 million ounces, That’s 211 days of equivalent world mine production. Let me repeat, these are all records. Never have there been larger concentrated short positions in silver."

Mr T Butler (Feb 18 2008)

I suggest anyone here who is not familiar with Ted Butler to start reading his commentary. I've been accumulating silver since it was $6 (in large part due to his sound research) and it was as obvious then as it is now that silver would be over $20. It will be over $50 too. When? THAT is hard to tell. But it will - and sooner than you might think! This little box is too small to go into the details - and like many others, I'd be copying him - so just read his stuff...

It's not so common that such an easy way to make a huge amount of money is so readily available to anyone willing to simply take a good, honest look at the opportunity that silver represents.

The cat is still not out of the bag...

 

[SethArb]

by the way ... a site called

silveraxis also has good commentary at least once a week

 

[JSSPMK]

I would be extremely cautious right here, both Gold & Silver now feature a triple divergence & a rising wedge on hourly charts, hoping for a BO here is obviously going with longer term outlooks though against intraday flow.