Editorial Correction:

Dear subscribers,

Today’s flagship Gold & Silver Trading Alert contained an error in the position at the top of the analysis. The position stated that we were shorting mining stocks. In fact, we are currently shorting silver. The correction has been made to today’s analysis and we would like to apologize for the confusion.

The change from shorting mining stocks to shorting silver stocks was made on Sept. 28. You can find the full adjustment in last week’s Gold & Silver Trading Alert #2.

The current position is: in our opinion, a full (300% of the regular position size) speculative short position in silver is justified from the risk/reward point of view at the moment of publishing this Alert. The profit-take level for our already profitable positions has been moved lower.

Best regards,

Dominik Starosz
Managing Editor