Silver Goes Vertical, Short Squeeze In Progress
Short squeeze in progress as silver has gone vertical to $23.40, over $3 off its overnight lows:
We have the first real signs that a final bottom may be in as the shorts are being majorly squeezed:
For those who are able to buy the low overnight, silver is now up 12.5% off the overnight low of $23.30
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The price on ebay for the physical did not move one jolt and remains today to be just about the same as it was a year ago so who cares what the paper prices says as it moves one way or another.
Using an I-Phone app in a desert to discover the prices of water is not much use if the price does not reflect the price on the ground and it works like that in both directions because we have something called disconnection and that happened a long time ago.