Short Squeeze Takes Silver To Fresh 31 Year High


Crash liar
Blythe Masters, buy silver!

Silver takes out $33.10, hitting a fresh 31 year high, as the relentless short squeeze leads to more body bags, and the only flight to safety currency is now the non-dilutable one (with gold on the verge of $1,400).

Only $20 more to go until the all time Hunt Brother record is smashed – one/two more revolutions should do it; even better: hopefully the CME hikes margins next week: that would bring $40 silver 24 hours later.

And on a more somber note, please join us for a moment of silence in remembrance of the great, the legendary, the soon to be departed Blythe Masters whose most recent zero margin, infinite PM short contraption has just sang its swan song.

Submitted by Tyler Durden on 02/20/2011 23:58 -0500

Source: ZeroHedge

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