Silver Sell Off Hitting Historic Levels

May. 5.11 | About: iShares Silver (SLV)

What started off as a sharp correction in silver is quickly turning into a sell-off of historic proportions. With a four-day decline of more than 24%, the sell-off in silver is now the eighth-most severe in the history of the metal's futures contract. If we were to eliminate periods that overlapped with each other, the current sell-off ranks as the sixth-worst of all time.