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Is The SLV Wired To Blow?

May 2, 2011

Via: Across the Street

I’m not real big on suspense, so I’ll tell you upfront, I think so. Once again, we may be about to find out what happens when regulators are asleep at the switch.

As of this writing there are 364 million shares of SLV outstanding. In the past five trading days (April 25 – 29) more than 755 million shares have been traded, and get this, more than 10 million ounces of silver were taken from the trust between the 26th and the 28th, taking available shares with them. From Stockhouse.com :

http://acrossthestreetnet.wordpress.com/2011/04/29/is-the-slv-is-wired-to-blow/

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From → Silver

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