With respect, ourlady, we have heard so many times over the last decade about how Ag will move parabolically when the shorts have to cover. Well, it rose almost to $50 last Easter and the shorts didn't have to cover then.
Anyway, who says the shorts will ever have to cover? COMEX can just do another Bunker Hunt and cancel the shorts but enforce the longs.
Don't get me wrong, I believe in the silver bull more than most, but twelve years riding him teaches you a that he has many tricks!
Personally I think the huge volume on the close is a negative. I doubt that all is well at Twin Hills.
AYN Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held