50 million oz of paper just sold. Swings like this will happen.
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...paper roses...
They are just clearing out the day traders on SLV calls and such. Options were going insane,is my guess.
"Options were going insane,is my guess."
...good guess...
https://www.reddit.com/r/Wallstreetsilver/comments/1qnoyij/the_empire_bombardment_continues_in_to_the_second/
Another 50 million oz sold.
Hodl
They just dumped again. Every time they clear their shorts it keeps going higher. China/India are HORDING silver. No change in demand.
FWIW, I'm playing with futures trading on a paper account to test myself. Their shorts are predicable. Overnight and when it runs.
I just bought slv calls,when they were cheep.
What calls did you buy?
SLV 85 DOLLER April 17, plus 4 different dates and strikes on AG, HL and usas.
They are getting pricey,I bout them a month or more ago.
I went up and down 40k .....
Nice pick ups - I am sure those calls are crushing it.
I sold a few a few weeks ago,it's all house money,
https://www.reddit.com/r/Wallstreetsilver/comments/1qnohmn/at_11761_the_empire_tries_to_contain_the_damage/
Backed by 50 ounces of REAL silver?
No.
MSM Headline: Silver CRASHES $10 in only an hour!