A solid 2.5 years of risk management (to varying degrees) has been required of precious metals investors. It was most intensely required after the announcement of QE3, when the net commercial short position in silver began a relentless march toward a very bearish alignment in late 2012 and then the HUI Gold Bugs index lost an important support level at around 460. Here is the chart of silver with a heavy commercial net short position from NFTRH 215, dated 12.2.12:
This week Obama proposed new measures to limit speculation in the oil markets. The new proposals would require oil traders to put up more of their own money for transactions, ask for more money for market enforcement and monitoring activities, and call for higher penalties for market manipulation. The impact that speculation, or investment money, is having on oil prices is a subject of much debate. So we wanted to ask.....
As always we would love to hear your thoughts on this topic.
You are now leaving a Magnifi Communities’ website and are going to a website
that is not operated by Magnifi Communities. This website is operated by Magnifi
LLC, an SEC registered investment adviser affiliated with Magnifi Communities.
Magnifi Communities does not endorse this website, its sponsor, or any of the
policies, activities, products, or services offered on the site. We are not
responsible for the content or availability of linked site.