SBUG News and Press, iPath Silver ETN From 09/19/22

Summary The "smart money" commercial traders increased their long positions as silver prices hit new lows for the year to start the month. Silver's recent outperformance is good news for precious metals bulls. If silver prices can continue to rally and break above the $20 leve...

Summary Growing short interest in SLV reflects a retail and institutional demand to bet on lower silver prices in the months ahead, and it is almost always a good contrarian indicator. At some point, Large Speculators will be forced to buy back and cover short positions. Silve...

Summary Gold has rarely seen more shorts than longs over the past decade and is the only precious metal currently positioned net long (+22.29%). With a net 9.24% of open interest positioned short, that is the most pessimistic positioning reading since May 2019. As speculators ...

Summary The Treasury added $341B of debt in August. This was the largest increase in debt since January and is more than 10 times larger than the increase in July. Another major occurrence was the increase in short-term debt. The Treasury increased Bills by $210B, the largest incr...

Summary Silver tends to rise faster in bull markets and fall more quickly in bear markets. The US dollar is extremely overbought and overdue for a significant downward correction, while silver is underpriced and oversold. The Fed policy responsible for both the strong dollar a...

Summary The prices of both gold and silver struggle as the Fed looks hawkish. The prices of the grey metal depend on the health of the global economy since silver is both a hedge against inflation and an industrial metal. It is likely the prices of silver will be under pressur...

Summary Over the past half century, gold and silver prices have shown a strong positive correlation. While gold and silver have a strong positive correlation, the ratio of the prices has ranged widely – from one ounce of gold buying as few as 30 ounces of silver in 2011 to ...

Summary As highlighted last month, short positioning in gold was at the highest level since April 2019. Total net positioning represents the combined exposure of the groups once hedging positions are removed. Managed Money has absolutely hammered silver lower while Swap has be...

Summary Today's market X-ray shows the returns for each index, asset class, sector, and so on, since the recent low point on June 16th. Of the global indices, US small caps are in the lead, followed by the NASDAQ. High beta stocks are the most preferred factors since June 16. ...

Summary Silver had a massive run of gains leading up to August 2020. Two years later, silver has almost halved as investors have all but given up on the metal. Sentiment has collapsed to the most bearish readings in recent history. Silver Shock: As you might have...