Deutsche Bank reports that CTAs are extremely skewed towards buying silver, with systematic trend followers expected to increase their positions by 8% of their maximum allocation in the next trading day. Algorithmic selling pressure on silver is almost nonexistent during typical downturns; however, if the market strengthens, CTAs could increase their positions by up to 15% of their maximum allocation within the next week. Spot silver flows are the strongest among precious metals, constituting a strong tactical long signal.