The professional money will shakeout all the nervous holders. They have all the time in the world to accumulate and have been testing the supply for a while now.
Once they believe that they have absorbed all the floating supply, we will have a move up to 25cps. This can sometimes take weeks...and they are doing a fine job at it.
I bought a few tranches too. Silver's short positions that are held by the big bullion banks are now at their lowest levels. Once they have covered their shorts, they will move the silver price upwards. Then we will see what the silver plays on the ASX will be priced at.
Patience will reward.
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