Managed Money Shorts Gold/Silver Update


Very interesting times now. Managed money shorts in gold hit an all time high (since I monitored it).



We hit 87349 short positions in gold and this even on a rising gold price. This clearly indicates gold will go higher on short squeezes in the next weeks.




 





If you want to compare, here is a historic chart. Indeed, it is an all time high.





http://treo.typepad.com/.a/6a0120a6002285970c01a3fcdc2c7d970b-500wi




Somehow, silver is weaker. Short positions even declined. So there is weakness in silver.







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