Brutal short squeezes in silver and then dump

Discussion in 'Commodity Futures' started by Hydroblunt, May 2, 2011.

  1. Gotta love it. Between the first parabolic move toward $50 and the two subsequent spikes, so many new shorts have been burned. Finally the drop came. I'm expecting this to settle around $40, maybe even touch $35 to shake the weak hands out.
  2. I know I've never seen anything like it in silver before. Crazy moves!