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Silver Delta Hedge
We actually wanted to spend the holiday season without any updates. But recent developments in the silver market were simply too exciting to ignore. Last Friday, the price of silver exploded by more than 10%. As is so often the case, it didn’t take long for speculation to spread across the web that certain banks had been forced to cover their short positions at a massive loss. In the last few hours, there have even been rumors that a bank has gone under. This has not yet been confirmed – and based on our current knowledge, we consider this scenario to be very unlikely. In the last edition of our Thoughts, we ... (full story)