As promised, we are sending you a quick update close to the end of the session. The precious metals moved higher, not lower, and thus we are not changing the positions that we outlined in today’s regular Alert. We are therefore keeping the silver short position intact and we are not (yet) re-entering the ones in gold and mining stocks.
Thank you.
Sincerely,
Przemyslaw Radomski, CFA
Editor-in-chief, Gold & Silver Fund Manager