Alexco Resource Corp. T.AXU

The commercial's (i.e.smart money) Are now net long Silver!

[Bigredlark12345]

The last time the Silver Cot report was this bullish we rallied $10 in the price of silver.It doesn't tell when this will happen only that it will most likely happen.Yes we could see the price drop to $17 an ounce before it skyrocket's.But the risk reward is in favor of silver.Look we are most likely are going to have a hyperinflationary depression with extreme increase in prices and an extreme decrease in debt availability that eventually causes a total collapse in the currency and a time of economic depression with in a year.So these short term fluctuations in price of gold/silver mean nothing.And If the big bank's are positioning for a large increase in silver so am i.The two i think have the greatest upside are AXU and GATO...

[roberto146]

Commercials are still net short 27,250, a slight increase from last report. It does indicate a turnaround coming for silver though as the spec longs come back.

[Bigredlark12345]

WRONG https://www.youtube.com/watch?v=vafE-YvTzOM

[roberto146]

This chart is also good because it allows you to see how the prices move with the spec and commercial positions. I include the link as the chart is interactive and would not work unless visiting the site. Notice the commercials have not been long on silver for at least 3 years, probably longer. (As a side note, commercials were long on copper recently (HG). https://www.barchart.com/futures