Andy Schectman: ‘Managed Money’ Is Now Short In Silver

Gold and silver prices remain under pressure this week as the market continues to price in that the Fed’s first interest rate cut is probably not coming in March.

Yet with silver on the lower end of its range, we have seen the managed money category on the COT report go short. Which has traditionally coincided with the bottom of previous selloffs.

Andy Schectman of Miles Franklin talks about the change, as well as the latest changes in the retail silver market, and the recent gold and silver news of the past week.

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