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!

2 comments:

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.