By Ted Butler, Butler Research
Everyone watching silver has to be shocked by the developments of the past few days. You can be sure the big shorts were just as shocked. This Robinhood/Reddit development was a true bolt out of the blue, completely unexpected, and earthshaking in significance. The best the big shorts have been able to do in reaction is to short more COMEX contracts and borrow scads of physical metal to throw at the SLV and perhaps influence Robinhood to prevent its clients from buying SLV. The only question that remains, is will the big shorts succeed in stemming the rising price tide in silver?
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About Butler Research:
After publishing unique precious metals commentary on the Internet since 1996, I have decided to offer a subscription service. The main reason for the change is that I felt somewhat restricted by my weekly format. It is my intention to publish some commentary at least twice a week.
The commentary will include detailed analysis of the Commitment of Traders Report, regulatory developments, supply/demand considerations, and topics of interest to investors in precious metals, with an emphasis on silver. Subscribers will also be able to ask questions.
The service is intended to be source of market information for serious observers of the silver and gold markets, delivered in a no-nonsense manner. No bells and whistles, just unique and valuable content. Always outside the box.
Please note – this is not intended as investment advice and I am not an investment advisor. The service is solely for informational purposes
Ted Butler
www.butlerresearch.com
