Smells Like A Silver Short Squeeze In The Making

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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