The authorized participants are obviously shorting SLV shares in lieu of depositing physical metal as the prospectus demands -- and that's most likely because that quantity of physical metal can't be had without driving the silver price to the moon in the process of acquiring it. It's a '...
The 6-month chart for gold below, which shows the price action up to the 1:30 p.m. COMEX close, shows that the gold price traded above its 50-day moving average during that time -- and if it did so, it was only for a microsecond, as there's no trace of it on the New York...
That's up 5 million shares/11% as of the last published short report on December 27. The reason that number remains stubbornly high is certainly because the physical metal doesn't exist to deposit without driving the silver price to the moon. So instead of depositing the physical metal, ...