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ag chart - 15 month high

  1. Henrik

    635 posts.
    Silver didn't make $5 today but closed above $4.90 - high was $4.94. That's a 15 mth. high.
    Looks like a new trading range ~$4.70-$4.90.
    Commercials are net short 70,000 contracts.
    That's 350 million ounces and a 250 million dollar move since December 1.
    The paper silver market might explode.
    These boys and girls who are short silver in this market must be made of steel and be damn good if they are once again successful in manipulating the price of silver.

    http://www.kitco.com/charts/livesilver.html

    ..... and back here is OZ our little batler MMN/OA should get more wind today. Have fun all.

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