Banks Net Long Silver - Signals "Impending Move Higher" | Dave Kranzler
Liberty and Finance, Released on 6/27/22
Banks are net long COMEX silver contracts. Often, when banks go long metals, the sector rises shortly after. Is the consolidation in metals over? Dave Kranzler, founder of Investment Research Dynamics, thinks it may be. "If you are looking for a washout, the mining stocks are as cheap relative to the S&P 500 as they have been anytime going back to 2002."
0:00 Intro1:10 Banks net long6:00 Gold/silver update12:50 Metals rally?15:33 Fed & inflation20:35 Dollar strength?22:43 Kranzler online24:04 Miles Franklin
Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and English and he also has an MBA from the University of Chicago, with a concentration in accounting and finance. Currently, he co-manages a precious metals and mining stock investment fund in Denver. He has nearly thirty years of experience in studying, researching, analyzing and investing in the financial markets. His daily articles can be found at his site, Investment Research Dynamics.
Banks Net Long Silver - Signals "Impending Move Higher" | Dave Kranzler added by Herman James on 06/26/2022View all posts by Herman James ?+'