The silver shorts showed their desperation again on Friday, Dec 12, trying to hammer the price of silver down before the weekend close.
The smash team rolled out their big guns just before noon, and could not even drive the price below $60.
Buyers were waiting for this dip and bought into it. It appears that the banks that have been shorting silver are getting crushed, and have no more remedies.
They already tried the "dog ate my homework" aka "the CME data center had a cooling failure" gambit.
What will they try next? What will capitulation look like? What will be the secondary knock on effects?
#hana #folks $HANA $FOLKS $
#icntback