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Peter Tung
11 minutes ago
By the way, for those who care about what the big boys are up to, at least in silver trading that is. I have been monitoring whether there are other big players other than the usual big boys group (the Non-commercials) entering the arena in the last while when silver was going up in a big way. Well, nobody that we did not know about. That means the speculative threshold for outside speculators like the raddit and so on, has yet to show their presence. On the other hand, the net long position of the usual big players has been firmly placed in 50,000 contracts net long, give and take a few thousand. That means they are bullish and would much like the price of silver to go higher. Mind you they can spoof the rest of us small guys and make a chuck more money. However, that activity isn't showing much clues as the open interest has settled down to the 160,000 ballpark. So, those conspiracy theorists just shut your mouths, no banks going to hold down the price of silver. That phantom of the opera talking.
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