silver CFTC

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    current price of silver

    As of Friday, the U.S. Commodity Futures Trading Commission (CFTC) reported that silver speculators added further to their short positions, which no doubt kept a lid on the current price of silver.

    The silver futures market and speculator activity has been a highly telling indicator for the future of silver price movements. When speculators begin buying up short positions in droves, the price of silver enters a bear session were declines become routine. But when silver speculation hits its peak and prices dive down to new lows, the speculators will begin to liquidate their short contracts and buy long.

    And when this happens, silver is taken for a ride…

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