Replies to post #35630 on iShares Silver Trust (SLV)

[AlwaysRed]

I'm not doing anything right now since the May deliveries have been filled.

https://www.cmegroup.com/markets/metals/precious/silver.volume.html

Over 125,000 contracts need to be delivered in July. So they will be smashing the price in June.

It didn't go as low as I expected it to go in April but I still did OK. I expect however that it should go even lower leading up to July deliveries.

I'm not sure how high they'll let it go until then.

I am a holder of a considerable amount of physical so the higher the better in my opinion. But I know the power they have. I understand the cycles. So I'll keep playing their game......

Looks like their typical AM smash is in play again today:

https://www.bullionvault.com/silver-price-chart.do