Replies to post #966 on ProShares Ultra Short Silver (ZSL)

[Omar8]

Alwayred,



They knocked it down some more it's a little over 11,000 now. Maybe they will have that down to near nothing before May.

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

[pack10]

I seem to recall a movie where they were sayings; IT"S COMPLICATED!!
From what I gathered you suggest the CME might just produce paper without having the actual silver. That would seem to go against the rules.
These silver manipulators have moved, smashed if you will, the contracts before their due date. So the question to me seems what will May bring us in the form
of these contracts. The price should go down I would think.

later

[pack10]

They seem to move these contracts around. Pushing them back then bringing them forward. Or, do they just put in contracts to push the price down.


whatever the situation I think the price of silver will continue to slide down to meet the price. Seems 24.50 would be about right. Your thoughts?
Wouldn't think much higher but could be lower for sure.