Lowest Gross Short Position in Silver, Ever...
By Ed Steer
In silver, I suspect that a goodly chunk of the gross short position in the Big 4 commercial category is mostly held by only two traders...both of them U.S. banks...Wells Fargo and BofA.
In yesterday's Bank Participation Report, 5 U.S. bullion banks held a gross short position of 12,884 COMEX contracts...down a whole bunch from April -- and their lowest short position on record.
https://t.co/MDsww1BHLB
Alaska Ends All Taxes on Gold and Silver, Reaffirms Their Monetary Status
By Jp Cortez
Jp Cortez: “Alaska has a rich gold-related history, and I’m proud to have worked with lawmakers to pass pro-sound money legislation in the Frontier State.”
https://t.co/HzH94yyaII
BP Silver Strengthens Management Team with the Appointment of Country Manager Bolivia
Uribe: "I look forward to working closely with BP Silver's team to develop the potential of the Cosuño project, which may represent a significant silver discovery."
https://t.co/ZVOSy2FDks
Technical Scoop: Whim Churn, K Sign, Copper Recipe
By David Chapman
Silver needs to break over $86 and hold on in further pullback to $65. Nonetheless, the five-point pattern that has formed should be ultimately bullish.
https://t.co/3sxvdhYF8l
John Macintosh: Dartboards Clogged Toilets and the Silver Institute
On average, over the last 5 years, the US was a net importer of 6,944 tons, or 19 million ounces per month.
However, from last October through March, the US has become a net exporter of 6,500 tons, or 35 million ounces per month, an enormous and totally unprecedented swing of 54 million ounces per month.
If net exports out of the US were to continue at this rate for the balance of this year, the US would be a net exporter of 500 million Silver ounces.
The only explanation that I have heard for this enormous trade flow reversal that makes any sense at all is that the US and China have made a deal for certain rare earths to be shipped to the US, and paid for, not in dollars, but in gold and silver. In 2024 the average quarterly US gold exports were $ 9.5 billion. Last quarter they were $ 37.5 billion.
https://t.co/LndMIPACg2
How Will Higher Import Taxes Impact Indian Gold and Silver Markets?
By Mike Maharrey
Indian gold and silver demand have historically remained resilient in a higher tax environment.
https://t.co/4SavkzdXsf
A Huge Drop in the Commercial Net Short Position in Gold
By Ed Steer
The Commitment of Traders Report, for positions held at the close of COMEX trading on Tuesday, showed the expected declines in the commercial net short positions in both silver and gold... far more in the latter than in the former.
https://t.co/wdQUFqYRZv
Silver Gets Its Mojo Back Amid Record Demand and Structural Supply Deficit
By Richard (Rick) Mills
Technical analysis shows silver prices are poised for another rip with a cup and handle breakout pattern. “The longer the base the higher in space.”
https://t.co/jPSHZ6iyGA
GoldSeek TV speaks with BP Silver after multiple new veins and breccia structures at the Cosuño Silver project discovered...
By Peter Spina
After the first ever drill program showed a mineralized Lithocap, a positive indication that a much larger...
https://t.co/hp6XYGUH6v
Prince Reports 27.43 Metres Grading 93.7 g/t Silver, 12.0% Mn, 2.29% Pb and 2.48% Zn at Its Prince Silver Project in Nevada
CEO Iwanaka: "These latest results continue to demonstrate the scale, continuity and expanding polymetallic potential of the..."
https://t.co/BGeLncg51y
BP Silver Discovers Multiple New Veins and Breccia Structures at the Cosuño Silver Project
Director Redwood: "These show the robustness and scale of the Cosuño silver system and potentially constitute important new drill targets."
https://t.co/pSUQjZu5EV
Technical Scoop: Fiscal Spark, Bank Bullets, Gold Trend
By David Chapman
Silver, like gold, was smacked this past week. However, silver had appeared to break out. Now we are not so sure. A break back under $75 would be negative.
https://t.co/oaqvsE0mVL
Silver Is Emulating Gold’s Post-2024 Rise
By Hubert Moolman
Silver is more likely to go higher even faster than it has since 2020, while some might even call for the start of a bear market.
https://t.co/tcMt4hK4Vm
Prince Silver Graduates to OTCQX Best Market as Company Advances Silver-Gold-Critical Minerals Project Toward Maiden NI 43-101 Resource Estimate
CEO Iwanaka: “The Prince Project is emerging as a large silver-led polymetallic system with meaningful..."
https://t.co/9mdSDDeBLM
BP Silver Outlines 2026 Work Program at Cosuño
CEO Shearcroft: "We are advancing Cosuño through an aggressive 2026 exploration campaign. We believe Cosuño has the potential to become a Tier 1 silver project."
https://t.co/3yKJbH4lx1
Airborne Geophysical Survey Underway at Silver North's Veronica Silver Project, YT
“The primary focus of this survey is to advance the mapping of stratigraphy and structure,” commented Jason Weber, President & CEO.
https://t.co/TElIJDQrbE