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This is one of the all-time great days in the silver market
Silver is up 9% or $9.20 to $112, which is a fresh all-time high. Note that it just broke $100 for the first time on Friday and it's gone straight through the big figure in an incredible parabolic move. This is one for the history books as silver has now doubled since December 15. chart What else is there to say aside from the chart? You don't see moves like this very often in commodity markets, as silver has turned into a meme. The Hunt Brothers did this 50 years ago with an epic short squeeze that ended with higher margin requirements. We're likely to see margin levels changed again this week but we've seen that ... (full story)