Silver about to turn ?

  1. 8,372 Posts.
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    Silver downwards pressure letting up ??? ... hitting strong support levels in the high 1880's looking over the last year Silver has bounced strongly from this support half a Doz time add in the fact Silver shorts are at records ...ne would think we will see a major bounce on Short covering...



    UBS said speculators’ short silver position is up by 50.5% in the past three weeks, and at 270.5 million ounces, it is at 81.8% of the all-time high from early June. “Like gold, the potential for a short-covering rally is quite high,” they said.
 
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