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Please see this video and comment. Very interesting information on why silver spiked. It was minutes after CTFTC issued a notice to naked shorts.
Karen

Karen,

Yes. This is a closely watch story. Thank you.

Silver will do what it needs to do regardless of what happens with "control". History suggests that control, regardless of shape, form, or origin, is always broken. When that happens, controlled, linear advances often become non-linear. The "controlling" paper positions in precious metals have become the weak hands and the wolfpack will probe them for weakness until they are broken.