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Silver sinks below $22 as banks cover more short positions
Silver sinks below $22 as banks cover more short positions
Silver dropped below $22 again on Memorial Day, capping what has for many investors been a frustrating month-long selloff.
However the interesting trend beneath the surface is that the banks continue to cover their short positions. Which does not guarantee that the bottom is in, but traditionally has been one of the best indicators of when the selling pressure is finally wearing out.
To find out more, click to watch this video now!
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To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here:
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And remember to get outside and have some fun every once in a while!:)
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