@davidbateman Dave. Been following yr tweets 👍. What in yr guesstimate (and without wishful thinking Lol) is yr silver target price for Dec this year ? Saludos 🫡
@garysavage1@scotteisenberg@Ryan_Creitz Hi 👋 Gary. Only issue for next week is that “they” are throwing another significant CME Margin increase ….. once again … and effective Feb 2nd (Monday). If I had to guess, it will set a tone especially after today’s action ? Good weekend.
@davidbateman@GodsBurnt David, in yr technical and maybe not so technical analysis …. Lol… at what price per oz do you see Silver topping (and timeframe ?). Thx ! Buen fin de semana.
This is incredible:
The 2x leveraged short Silver ETF, $ZSL, saw +$111 million inflow on Tuesday, the largest on record.
This was followed by -$60 million outflow on Wednesday, also the largest on record.
Overall, investors have poured a record +$327 million into the fund over the last 2 weeks.
In other words, investors are heavily betting against silver after its +145% gain in 2025, the best year since 1979.
Over the last 3 months alone, silver prices have surged +58%, sending 2x inverse ETF -69% lower over the period.
Silver is set for much more volatility.
@garysavage1@blulla1@brian95123 To be honest …. I thought it was going to be worse, especially with Asian markets closed (besides cme raising margin requirements)