screenshot SILVER 1 min chart RECORD

Huge bids up there at 49.6+ after that gigantic spike has "give up" written all over it.

This spike has to have taken out a lot of the remaining shorts.

Then again who knows. All the silver bulls say that this has been held down for too long by manipulation and that silver should be a zillion dollars.

 

Offering 5 @ 50 who wants em?

 

Silver went years were the trading range was less than $4

 

Guy Adami has been calling for a move of 4-6 bucks in one day for a couple weeks now, props to him .

 

its just another day of proof why mean reversion and relative value strategies work.

a phd at hedge fund will get a $300k salary for doing this