James Turk – New Buyers Taking on Silver Shorts is Very Bullish

James Turk – New Buyers Taking on Silver Shorts is Very Bullish

With the ongoing consolidation in gold and silver, King World News today interviewed James Turk out of Spain. When asked about the fact that trading in the silver market has changed in recent months Turk commented, “One other indicator that the game has changed is that Comex open interest actually increased on Wednesday’s big takedown. What this means is that all of the silver shorts that are being put on are being met by new buyers.”
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