The writing was on the wall weeks ago, when silver’s COTs reached insane extremes, and so we called for silver to get slammed in the last Silver Market update. For a few days after that was posted silver, and especially gold, continued higher, thanks to Trump’s military adventures in the Mid-East and threat to N Korea, and the hate mail started to trickle in, which was another sign that silver longs were about to take a broadside, and that is exactly what has happened, as you will see on the latest 6-month chart for silver below.
What is odd about this drop in Silver….
