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Advancing substantial silver and polymetal properties in Mexico

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Message: Day's trades

Re: Down again

posted on Sep 16, 2008 08:40AM

Maybe a bit of news concerning the shorting of Ag might take our minds off what is happening to AGQ. If interested, follow the link.

Link: http://www.resourceinvestor.com/pebb...

Got Gold Report – Banks Cover Gold Shorts, But Not Silver, Yet

By Gene Arensberg
15 Sep 2008 at 10:47 AM GMT-04:00

Following the U.S. Fed and Treasury Department’s blatant intervention raid on gold and silver to bolster the U.S. dollar, the few large U.S. banks that hammered the futures markets with an avalanche of short futures sales have covered most of the short contracts in gold, but not silver, yet.

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