Remember when silver was taken down nearly $4 in 30 minutes Thursday?
Many readers contended with our statement that a major raid was in progress and argued that it was something bigger- a stock panic/ market liquidation.
Nope. At least not for silver. It was in fact, a RAID.
BrotherJohnF gives an excellent report concerning the raid, and proves that Thursday's action was purely based on algos. (NOT silver investors liquidating to raise cash, or new shorts).