Banks Cover Gold Shorts, But Silver Position Remains Elevated

May 28, 2025

While we were awaiting resolution to the tariff policies earlier this year, the gold and silver short positions by the banks had grown dangerously large.

There's since been a lot of short covering in gold, and some reduction in silver. Although on the silver side, the position is still at an elevated level.

But we take a look at that, and the warehouse inventories in today's show. And to find out more, click to watch the video now!

Arcadia Economics

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Spanish Conquistadores invaded the Inca Empire in 1528 to steal their silver and gold.

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