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No Good Reason to Be Short

No Good Reason to Be Short (SilverSeek)

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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