Large Trade Bets Silver Will Reverse Course

Seeking Alpha reported on traders’ bets that silver prices will drop again by the end of the year.

The editorial is quoted as saying:

The iShares Silver Trust hit another new high this morning, currently up 1.65 percent on the day to $44.85. The exchange-traded fund, which was below $18 in August, found support at $26 in late January.

To read the full editorial, click here.