Silver Spikes LIMIT UP Through $21!

July 3, 2016
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Well, THAT didn’t take long…

*Update: Silver has sliced through $21 to $21.15, and is now LIMIT UP after rising another 8% (following Friday’s 7% move!)

So much for the suspense! Silver apparently isn’t done yet, and has picked up right where it left off Friday afternoon:

After hovering near $19.75 for the first 30 minutes of Globex trading, silver has just gone vertical once again, slicing through $20 $21 with a high of $21.15 before pulling back on profit taking.

10 minute silver chart has now gone PARABOLIC since BREXIT – look for a healthy breather back to the $20 breakout

silver

my-shorts-on-fire

If the cartel isn’t able to induce a profit taking raid back below $19.50 this evening, we may be looking at the first short squeeze in silver since early 2011, and a VERY short trip to the next real resistance level of $22 an once…

sterling silver