When the commercials (large users of Silver, e.g. Solar Panel manufacturers) get close to net long Silver Futures, it often signals we're close to a bottom
It's informative to see the positioning of Commercials (producers and consumers in the Commitment of Traders Report) and how that relates to price action. Commercials are considered the "smart money" in the commodity markets because they supposedly are better able to judge future price direction based on supply and demand conditions "on the ground". These 2 charts...
