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Tahoe Resources TAHO

"Tahoe Resources Inc is a mining firm. It is engaged in the operation of mineral properties for the mining of precious metals in America."


NYSE:TAHO - Post by User

Comment by cghonda1on Mar 02, 2018 4:52pm
218 Views
Post# 27654176

RE:Let’s look at Silver for a minute…

RE:Let’s look at Silver for a minute…

Yes, I replied to my own message only to bring-up the same subject again so I can more easily update.

The new Disaggregated Commitment of Traders (COT) Report is out. Here's the link:
https://www.barchart.com/futures/commitment-of-traders/technical-charts/SI*0


And we see the activity on the COMEX in Silver how the Swap Dealers (who are normally short) have a long position of 22042 contracts.  Last week they were long 18341 contracts.
This represents notional (paper) 110,210,000 troy ounces (22,042 contracts x 5,000 oz/contract = approx 9.07% of world production for one year).  As you look at Silver's up/down price swings on the 3 year chart, then compare that to the COT; you would think the price of Silver is at/near bottom.

I'm betting on it.

Manipulation ends sooner or later.
cghonda1


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