To hot to handle!
Volitile move!
That the large and conservative Swiss bank is seeking to reduce or eliminate its short exposure to silver at this time makes sense. The bank has seen that silver prices can move sharply higher and that counterparty guarantees can vanish in an instant. It is sensible and practical that it would take such actions now, after silver prices moved sharply lower.
The resultant move by former paper owners of silver into real metal is destined to put additional pressure on the existing supplies of metal.
It is hard to imagine a more critical time for this to occur than now. Every indication is one of tightness in the physical silver supply. The potential creation of a brand new source of silver physical demand could be profound.
The short seller is a buyer at a lower price.
Take him away and in a market panic and add him to the panic buyers there could be a explosion in the silver market and amazing price ranges. Silver Alert!
MMN
macmin silver ltd
To hot to handle!Volitile move!That the large and conservative...
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