Big Action in Silver last night…

Very interesting action in silver yesterday that saw a big plunge (to $20.25) followed by an even bigger recovery ($23.50).  Knowing the massive short positions held by the bullion banks/hedge funds, the trading graphs look very much like they didn’t expect a turnaround and then panicked at the recovery with massive covering (buying) of their positions which in turn created a big spike in the price.  These games must end in favour of holders of physical silver one day soon surely… Read the full article on our website.