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Vince Lanci: Silver shorts being discouraged from shorting by their advisors
#VinceLanci: #Silver shorts being discouraged from shorting by their advisors
Silver is finally back over $20, after a big rally to finish out last week. And as silver trader Vince Lanci talks about in today's show, it's due to a lot of short covering by the silver shorts, as they're being discouraged from being short by their trading advisors.
Vince talks about whether the shorts are looking at the declining silver inventories on the #LBMA and #COMEX, and whether that's influencing their trading. As well as the impact that the Shanghai market has had on the recent price action.
He looks at the silver chart and shows some of the levels that the hedge funds are reacting to, and explains why we can expect to see some exaggerated moves between now and the end of the year.
So to find out more about the positioning and dynamics of the silver market, click to watch this video now!
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To sign up to attend SilverFest this Saturday, November 12 go to:
https://hopin.com/canvas/events/silverfest-iii/registration
To get access to Vince's research at Goldfix Substack go to:
https://vblgoldfix.substack.com/ArcadiaSpecial
To read more about Silver Viper's deal to acquire Canisil Resources go to:
https://silverviperminerals.com/news/2022/silver-viper-enters-into-letter-of-intent-for-proposed-acquisition-of-canasil-resources-and-announces-appointment-of-new/
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To get your paperback or audio copy of The Big Silver Short go to:
https://arcadiaeconomics.com/thebigsilvershort/
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To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here:
https://arcadiaeconomics.com/cftc-complaint/
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To sign the petition to ban JP Morgan from having any involvement in the silver industry click here:
https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver
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#silver
#silverprice
And remember to get outside and have some fun every once in a while!:)
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