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 Intro
1:10 Banks net long
6:00 Gold/silver update
12:50 Metals rally?
15:33 Fed & inflation
20:35 Dollar strength?
22:43 Kranzler online
24:04 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.

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments