NEW YORK, 25 June 2014 – BullionVault head of research Adrian Ash was a guest today on Bloomberg TV's flagship US morning show, "In The Loop"
Speaking to Alix Steel in her "On The Markets" segment, Adrian spoke about the 2014 outlook for industrial silver demand versus supply, plus latest import figures from emerging economies led by China.
"But the real mover for silver prices this last week," Adrian explained, "has been short-covering in Comex futures and options. You saw a huge short speculative position, record high...That's clearly been unwound as prices jumped."
Adrian and Alix also cover the outlook for hedge-fund traders from here, plus whether gold or silver will prove the better trade in the second-half of 2014.
Watch the full 3-minute interview at Bloomberg:
