Tuesday, April 26, 2011

Silver Bubble: Volume in SLV Higher than SPY!

WSJ: Trading got so heated during the past two days that shares traded in the iShares Silver Trust, the biggest exchange-traded fund tracking the price of silver, topped that of the SPDR S&P 500 ETF, usually one of the most actively traded securities in the world.

That is insane!


billmasi said...

Seems pretty strange, doesn't it?

We're still waiting for your call to short silver.

Any thoughts?

CP said...

I have not said I was shorting silver yet, just that I wouldn't want to own it.

I think it may make a good short, eventually.