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Sprott Physical Silver Trust ET (PSLV) Message Board

  • petechamps21 petechamps21 Apr 3, 2012 2:29 PM Flag

    Looks Like High Frequency Traders

    just crashed the metals, again. Silver was way up at 1:30 PM, and now way down at 2PM. A 2% tumble in 30 minutes. I didn't see any news to explain the crash. $33.20 down to $32.46 in minutes.

    What I did see, was technical analysis saying if silver closed over $33, it was breaking out. As soon as physical trading stops at 1:30 on the COMEX, the paper market crashes.

 
PSLV
6.71+0.06(+0.90%)Mar 26 4:00 PMEDT