OK what happened?
Did silver price go to $25?
No actually if fell to almost even $20.
How about gold, did it have a substantial rise? Well no it just sat at about $977.
Was our resiurce suddenly discovered to be false? Nope, not likely.
So what happened?
Perhaps as Thirsty Monkey listed, the factors were just too much and buyers finally came in numbers that the asks could not cover and had to retreat.
Expect the shorters to give it another ( perhaps last? ) try tomorrow morning.
Now just imagine what could happen should silver and gold price pick up tomorrow, or over night.
Look out!
p.s. I am going to take a look at Chithouse as to the happenings, No, not to gloat but just look. Cheers.