07 June 2011

Gold Daily and Silver Weekly Charts - Comex Silver Deliverable Inventory Hit New Lows


The ability of the Comex to deliver on the silver contracts continues to deteriorate.

Still running a long gold-short stocks pair. Added some silver long today, and doubled up the stock short, so the beta is leaning to the bearish side. I will adjust it tomorrow depending on how things look after the European close of trade.