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Banks Cover Gold & Silver Shorts With Gold Still Above $2,500

September 11, 2024

Throughout this year's gold and silver rally we've seen the bank short position increase along with the prices of the metals. Yet as we've seen a couple of times already, this past week showed some short covering even with the gold price still above the $2,500 level.

Does this set a new floor in the market?

We talk about that and some more gold and silver data in today's show. And to find out more, click to watch it now!

Arcadia Economics

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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce
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