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Silver suffers its worst week since March 1980 as the exchange gets tough with all traders the...

Silver suffers its worst week since March 1980 as the exchange gets tough with all traders the way it got tough with Nelson Hunt back then. The metal drops 27% as heavy speculation amidst a one way trade runs up against repeated margin hikes. The ETFs see massive volume: SLV 188M vs 57M average. ZSL 62M vs 8.5M average.
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Comments (1)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    The move in silver is a fascinating story.

     

    It's not about the Hunts (there's an interesting story there too).

     

    It's about gold.
    6 May 2011, 07:02 PM Reply Like
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