Post by
Wisdomwithage on Jun 19, 2014 12:08pm
Short Queeze Beginning?
Hey Mates,
This could be the start of an interesting scenario playing out. COTS showed record silver shorts in place last week.
Now hopefully we'll see their house of cards collapse. Here's to good days ahead for SVL.
Cheers,
Brit
Comment by
ch08532 on Jun 19, 2014 12:39pm
The events in IRAQ has thrown a wrench into the shorts...hence why we are seeing a spike in Silver. US will have to deploy some troops to IRAQ to calm the situation. I think that's why we are seeing the spike in silver. IMHO...
Comment by
scott on Jun 19, 2014 12:59pm
Another possible explanation for the strength in the precious metals...
China Rehypothecation Ponzi Unwinds
Cheers!
-Scott