Silver Breaks $37, As Bank Short Position Grows To 2nd Largest In History...
Banks Are Most Short Silver Ever Aside From July 2016
Especially if you've been following the silver market since the price spiked to $49 in 2011, and then in the years after, where investing in silver often felt like watching paint dry incredibly slowly and extremely badly, then 2025 is shaping up to be your year.
Because not only did the silver price break the $37 level today, the first time that it's been that high since February 29 of 2012, but to make things even a little more exciting, the banks just increased their net short position to the second largest in history, just short of the record of 49,609 contracts short in July of 2016.
You may already be aware of the long-standing tendency of the silver market to show a correlation between the price movements, and the size and direction of the banks’ net short position.
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