June Sentiment Summary
Always interesting to see the sentiment in a wide range of markets. From conventional markets, to commodities, to leverage there are charts presented in the link below to outline where we stand. In general we are seeing Fund managers hold high levels of stocks, margin debt has peaked (for now) but the markets continue higher, and global fund manager continue to be underweight commodities. These are only a few of the topics covered.
I read a report several weeks ago concerning Chine’s silver……. said China has lent it’s silver out several years ago……..and they were looking to get it back………..I think the report was at zerohedge……
There is another article on China, might be needing silver to build a proposed 70 giga photovoltaic plant…KWN…….
Out?… but some are in … the bullishness is not there … fear control the sentiments in june
TBTF……..Banks around the world………HAVE $700 TRILLION of derivative …….this number is HUGE……zerohedge.
London cupboard for gold look a lot like old mother hubbard’s……empty:
empty.
http://www.bnn.ca/Video/player.aspx?vid=389315
Another 2 million oz left SLV today…
First GLD, now SLV.
THe only question is the silver out of SLV going to india or China?