Wednesday, 20 February 2013

More on Silver...................from Rico

The total Silver Open Interest last night stood at 155,204 contracts. - UP 840 from Friday's 154,364. The estimated Silver volume yesterday was 368,039...put in ounces that's ~1.825 billion ounces, or 2 years of annual Silver production. Smell any rats yet? - Yet the Cartels non-stop paper raids have not yet caused longs to liquidate, but instead increase their positions at these prices. It is going to be a "fun" week ahead...

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