Big Hitters Very Sharply Reduce COMEX Silver Shorts

Mineweb reported that commercial net short positions on silver have fallen to their lowest in almost three years.

As quoted in the market news:

The figures as at Tuesday 27^thSeptember showed silver net short positions plunged to the lowest level since November 2008 – the point where the silver price started its runup from a little over $10 to almost $50 achieved at end April this year.

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