SILVER 0.30% $15.25 silver futures

Copper isn’t shorted the way silver and gold are - they aren’t...

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    Copper isn’t shorted the way silver and gold are - they aren’t worried about copper competing with fiat US dollar as a currency

    but there are plenty of shady goings on in. Copper because Chinese traders often use it as financial collateral

    so plenty of stories about copper being double counted because traders used it to take out 2 different loans etc

    the Chinese now own the LME and there’s been some questioning as a result of that - though I’m not aware of any proven cases of fraud, spoofing etc

    not saying copper futures don’t get hit - just not an ongoing intentional major suppression effort like pms
 
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