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Monday, February 21, 2011

I hope you got on the train before it left the station....

Ongoing Overnight Short Squeeze Takes Silver To Fresh 31 Year High

Silver takes out $33.10, hitting a fresh 31 year high, as the relentless short squeeze leads to more body bags, and the only flight to safety currency is now the non-dilutable one (with gold on the verge of $1,400). Only $20 more to go until the all time Hunt Brother record is smashed - one/two more revolutions should do it; even better: hopefully the CME hikes margins next week: that would bring $40 silver 24 hours later.


Link:
http://www.zerohedge.com/article/ongoing-overnight-short-squeeze-takes-silver-fresh-31-year-high

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