Amazingly, whether the banks are long or short silver seems to drive where the price is headed next...
by Dave Kranzler of Investment Research Dynamics via Arcadia Economics
While silver investors have seen the #silverprice fall in the midst of soaring inflation reports and an ongoing proxy war in the Ukraine, there is some good news on the horizon.
As perhaps the most relevant indicator of future price movement in the silver market, the bullion bank positioning, now shows that the banks have become ‘net-long’ silver.
Which is more of an indicator than an exact science. But as Dave Kranzler discusses in today’s episode of the show, amazingly, whether the banks are long or short silver does seem to drive where the price is headed next.
So to find out more about where the silver price might be headed, click to watch this video now!