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Home>Market Analysis>Gold Daily and Silver Weekly Charts - Year End

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Gold Daily and Silver Weekly Charts - Year End

IMG Auteur

Jesse

Le Cafe Americain

Published : December 31st, 2013

97 words - Reading time : less than a minute

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	Very light volumes and a bit of 'profit taking' although I would tend to say this is painting the short positions up for the year end close. I include a chart below that shows the 20 biggest stock short positions on the Toronto Stock Exchange. You can see how the miners fit into this picture. There was no meaningful inventory movement in the Comex warehouses on Friday last. January is a non-active month, whereas February may once again stress the ability of the Comex to maintain its vestiges of actual precious metals delivery. Have a pleasant evening.

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