Bullish Silver Commitment of Traders Report

Posted: August 29, 2010 in Investing, Precious Metals, Silver

There are more signs this week that silver will continue its bull market run.  Silver has gone from just under $4 to $19 the past decade and no one is watching.  Now silver may be ready to move higher.  This is exactly what bull markets do, they climb a wall of pessimism.  When in comes to precious metals the wall of pessimism is huge.  This weeks price action for silver into COMEX contract expiration may be seen as a key moment for silver.  Other factors can be seen here, here, here, here.   Signs are silver may be ready to run.

Ted Butler did not have his COT coverage on King World News.  King World News had another expert named Bill Haynes founder of CMI Gold in Silver.  Bill gave a bullish report, listen here.  We continue to see a bull market for precious metal.  Continue to do your own homework.  Find ways to get off the grid and protect your wealth.

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