Jeff Christian, managing partner of the CPM Group, discusses with David Lin, anchor of Kitco News, how to interpret large volumes of silver trading.
Christian’s research at the CPM Group concludes that in a given period, there are just as many sessions of high volume buying as there is selling of silver contracts on the COMEX.
It is therefore erroneous to assume that traders are trying to “smash” the price down by just looking at individual trading sessions in isolation without considering the entire data set.