Peter Brandt - Wary of Remaining Bearish on Silver

Brandt has called the technical breakdown in Gold and Silver well since 2011.

Readers may recall this "Opus" previously, we should all have paid more attention.
http://juniorgoldminerseeker.blogspot.co.uk/2012/11/peter-brandt-30-years-of-chart-patterns.html

Today Brandt points to the Silver COT data as being typical of a bottom, though he is not yet bullish

CFTC COT data in major buy territory for Silver

Other traders are pointing to similar positioning in the Gold market, for example Geoff Goetz at Bill Cara.com

http://www.billcara.com/cara-community/gold-commitment-of-traders-report-2/

http://www.billcara.com/cara-community/four-pillars-trading-solution-gold/