Friday, August 14, 2009

Silver smells fishy?

Very heavy put buying today for Sep17, 10 times open interest – it either REAL DUMB money, because it has potential to go to $17 – or “someone” knows” something…

Oh well – it can just be a hedge to existing long SLV position – I would not blame them :)

2009-08-14_0113

 2009-08-14_0115

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