VIDEO — Ed Steer: Silver Market on a Knife’s Edge

The entities behind silver short position in the COMEX futures market have changed over time, but Steer said that currently he and silver analyst Ted Butler believe that the “big two” are Citigroup .

Steer also spoke about current silver supply, saying that both the retail and wholesale markets are tight.

That has been true in other years as well, but he’s optimistic that this time the wave of interest in silver will make a difference.

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