One of the biggest risks to the silver price suppression scheme has always been if some of the banks get scared and try to start covering their positions.
And shockingly, now even that has begun to occur. As the latest COT report from last week shows that while prices rose, the banks actually started covering some of their shorts at a loss. Which if that is a trend that continues, might perhaps be one of the best signs yet that the price could be about to rise substantially.
It’s a pretty big development in the silver world, and to find out more, click to watch the video now!
August 4, 2020