Hedge funds are starting to take an interest in silver as it could be the next major momentum play in the precious metal market while gold prices find a balance. Historic speculative bullish interest in gold has pushed prices to multiple record highs in the last three weeks; however, silver has lagged significantly. The gold/silver ratio remains fairly elevated, trading above 88 points. However, the latest trade data from the Commodity Futures Trading Commission (CFTC) shows that silver still has solid momentum as gold’s run starts to weaken. The CFTC disaggregated Commitments of Traders report showed money managers ... (full story)