iShares Silver Trust (SLV)

[Mt. Blanc]

Who was bold enough to load up on SLV calls by the close today????

Interested to see who the players are. Jimmy, the hedge fund guys supposedly are all over the silver game with massive protection and apparently they were not part of any selloff in the silver markets in the past weeks.

Gold and more so silver got oversold today so I do expect a consolidation overnite with the possibility of a positive day for both metals on Friday. However, if the market decline is still looking for a large Southern exposure that could change. Eyes on Asia and Europe. The markets should be greener soon imo.

The catalyst will be gold this time. If gold gets near $1800 tomorrow, you can guess where silver will be trading. So many gambles!

Good luck!

mb