kingworldnews.com / March 12, 2017
After this week’s plunge in the metals, here is an important update on the gold and silver markets.
There are major warning flags in the silver market. Longer-term, the price of silver will break through the all-time high of $50 on its way above $100. But in the very short-term, the commercials still have near all-time record short positions, despite the pullback in the silver market (see chart below).
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