SILVER 0.30% $15.25 silver futures

silver breaks out, page-2

  1. 5,717 Posts.
    The big banks have bought back a total of 11,054 short contracts or over 55M oz of SILVER in the last three month of 2010.
    It makes sense spreading the word " bubble " if you intend to cover a large amount of shorts.
    Another thing is, they only only have until March 28th to cover another 12,000+ or over TWICE AS MANY CONTRACTS IN 1/2 THE AMOUNT OF TIME in order to come in below the proposed position limits rule.
    Thats from the man anyway.
    http://www.dailypaul.com/156120/buckle-up-we-are-in-for-the-ride-of-our-lives-silver

 
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