Gold, Silver Flow East As Hedge Funds Short Prices Lower

MBA, Market Analyst & Author @ The Mining Stock Journal
November 4, 2022

The Federal Reserve had its latest meeting on Wednesday, and as expected, raised interest rates by 75 basis points. Which was followed by a brief spike up in gold and silver, before an even bigger plunge lower.

Yet as the market digests the latest tea leaves out of the Fed and tries to extrapolate what it might do next, the underlying conditions in the precious metals markets leave a muddied picture of where gold and silver are headed.

So in today's show, Dave Kranzler of Investment Research Dynamics talks about the positioning in the metals market, where the hedge funds continue to sell paper gold and silver, while the banks have covered their shorts, and the flow of physical gold and silver continues to head east.

Which sets up an interesting dynamic, in that especially when the Fed begins to more overtly indicate a pause in its rate hiking cycle, there will need to be a lot of covering by the hedge funds. Especially if and when the dollar index begins to head back lower.

It's not the easiest of times in these markets, and there's perhaps more uncertainty in the economy than most have seen in their lifetimes. But to find out what conclusions can be drawn from where everything currently stands, click to watch this video now!

Arcadia Economics


Dave Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for a large bank. He has an MBA from the University of Chicago, with a concentration in accounting and finance. He currently co-manages a precious metals and mining stock investment fund in Denver. My goal is to help people understand and analyze what is really going on in our financial system and economy. Dave publishes the The Mining Stock Journal a bi-weekly subscription newsletter that features junior mining ideas as well as relative value ideas in large cap mining stocks.


Gold is the official state mineral of Alaska.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook