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clock Created with Sketch. 23/07/17
18:28
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Originally posted by Dingoheeler
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I'm very bullish on Silver. The commercials (banks that always seem to be on the right side of the trade) are net neutral having covered all of their shorts and the small speculators (mostly wrong side of the trade - believers in free and fair markets) are at record net short levels. Ag could easily bounce $5 from here. Au COT, whilst not as bullish as Ag, will handsomely reward the bullion banks and slaughter the small speculators too, with a $100-200 price rise. We're primed for short squeeze rallies in both metals.
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You bet it is going to happen, exact time frame cannot be predicted , whether the precious metals bull run is starting now or in six months time , the icing on the cake is SAU will get ready with SK mines in about two years time, just in time for ........ So they are not going to exactly waste their ounces on present rigged prices of Au.
