A New Large Silver Long Bode Well for Future Silver Prices: Ted Butler

31 July 2023

Unusual changes in COMEX silver futures show a managed money trader taking a large short position. This trader must eventually buy back this short position, potentially positively influencing silver prices. Simultaneously, a new substantial silver long has emerged, hinting at a longer-term commitment to silver. Despite possible regulatory challenges, these developments could significantly impact the silver market and potentially lead to a surge in prices.

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