Silver Price
A Brutal Bear Raid: Gold's 200-Day Moving Average Falls
A Brutal Bear Raid: Gold's 200-Day Moving Average Falls
In silver, I suspect that a goodly chunk of the gross short position in the Big 4 commercial category is mostly held by only two traders...both of them U.S. banks...Wells Fargo and BofA. In yesterday's Bank Participation Report, 5 U.S. bullion banks held a gross short position of 12,884 COMEX contracts...down a whole bunch from April -- and their lowest short position on record.
Ed Steer
Sat, 06/06/2026 - 06:53
Tickers: AGSILV
A Brutal Bear Raid: Gold's 200-Day Moving Average Falls
In silver, I suspect that a goodly chunk of the gross short position in the Big 4 commercial category is mostly held by only two traders...both of them U.S. banks...Wells Fargo and BofA. In yesterday's Bank Participation Report, 5 U.S. bullion banks held a gross short position of 12,884 COMEX contracts...down a whole bunch from April -- and their lowest short position on record.
Ed Steer
Sat, 06/06/2026 - 06:53