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    market news

    Smells Like A Silver Short Squeeze In The Making

    Investing News Network
    Nov. 16, 2010 06:17PM PST
    Silver Investing

    Blogs Forbes.com reports that the price of silver slipped yesterday to $25.56 an ounce.

    Blogs Forbes.com reports that the price of silver slipped yesterday to $25.56 an ounce.

    The market news is quoted as saying:

    The latest CFTC Commitment of Traders Report that came out Monday afternoon after 3:30 p.m. showed that the short position in silver contracted very slightly, from 54,811 contracts to 52,398 contracts. This comes despite the sharp run-up in silver prices that preceded the latest two-day slide.

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