Shorting gold and silver via camouflage will take some getting used to, but we may as well try to make hay as long as weakness is the prevailing mood. A subtle opportunity in Silver was developing late Wednesday night, and so I’ve sketched it out hypothetically. If it doesn’t pan out you could also try bottom-fishing in the same vehicle at a downside Hidden Pivot I’ve provided.) _______ UPDATE (2:27 a.m. EST): Overnight, our respective bids in Comex Gold and Comex Silver missed buyable bottoms by a total of four ticks. Fortunately, there will always be other opportunities.
Shorting Silver?
- December 22, 2011, 7:47 am
Dangerous move to short a commodity like silver in my opinion. The volatility on silver is quite high with swings in both directions. Good luck.