Replies to post #36252 on iShares Silver Trust (SLV)

[Omar8]

AlwaysRed,


"The have not yet used nearly the power they can."


Why do you think it is they haven't used their powers yet ? Why let it run up to over $29 which is $3 higher than 1 year ago peak ? If they need to get it lower for May ? Is 3 plus dollars nothing to them ?

I'm impressed it has went this high, regardless if they use their power or not it seems a pull back should be coming soon, I imagine with $30 some might be thinking the ride is about end and get out. But who knows maybe this time it's different ?

What it does seem like to me they maybe letting silver bump up some maybe the new range is being set ?

[Zardiw]

My $SLV 26 / 26.5 Calls are up huge.........WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Z

[dukelasilvertbird]

Thanks Red, appreciate your time on the board.