The Long View: COMEX Precious Metal Prices in 2024
An easily-predictable short squeeze has lifted COMEX precious metal prices off their recent floor. Equally predictable is the current rush to proclaim that new highs for 2024 will soon be forthcoming.
Let's start with the latest Spec short squeeze. How can I say it was easily predictable? Below are X posts from yours truly on February 6 with follow up on February 9: