Silver: This Is Unbelievable!

Posted by Dave Forest - Pierce Points

Share on Facebook

Tweet on Twitter

“Open interest in silver on the Tokyo Commodity Exchange. I know I’ve been harping a lot about this, but the chart just keeps marching unbelievably upward.

Over the last two days, open interest jumped another 12%.”

“One possible explanation is increased trading in Japan from foreign players. TOCOM has been extending its night trading sessions and opening access for traders abroad in order to garner more international business.”

…look at the charts including the Declining NY open interest HERE