-
TDS takes another swing at shorting silver, looking for a drop to $40 in the next three months
With silver unable to hold gains above $80 an ounce, one Canadian bank is taking another crack at the short side of the market. On Wednesday, commodity analysts at TD Securities published their latest trade, saying they were shorting silver futures and looking for sharply lower prices within the next three months as market fundamentals start to balance out. In his latest commodity report, Daniel Ghali, senior commodity strategist at TDS, said that he initiated a short position in March silver futures at $78 an ounce, with a target of $40. At the same time, the Canadian bank has a stop loss at $92 an ounce. March ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From wellsfargo.bluematrix.com|Jan 7, 2026Job openings slipped to 7.1 million in November, reinforcing a picture of a labor market treading water. Both demand for workers and turnover remain muted. The hiring rate fell ...
From lbma.org.uk|Jan 7, 2026From a purely numerical perspective, the fourth quarter of 2025 was characterised by the fact the gold price exceeded $4,000 for the first time ever and showed few signs of ...
From federalreserve.gov|Jan 7, 2026I would like to thank the California Bankers Association for the invitation to join you today. Throughout my now seven years as a member of the Federal Reserve Board, I have found ...
-
- Newer Stories
From cnbc.com|Jan 7, 2026Secretary of State Marco Rubio said Wednesday that he will meet with officials from Denmark next week about Greenland. Rubio’s comments on Capitol Hill came as the Trump ...
From morningstar.com|Jan 7, 2026The commodity price boom, especially pronounced in gold and metals, is generating some remarkable statistics and dramatically revising some hitherto well-established ratios. ...
From abs.gov.au|Jan 7, 2026The seasonally adjusted balance on goods decreased $1,417m in November. • Goods credits (exports) decreased $1,353m (2.9%) driven by Metal ores and minerals. • Goods debits ...
- Story Stats
- Jan 7, 2026 4:56pm Posted byFundamental Analysis813
- Instrument:
