The short squeeze in silver failed and led to a dramatic, nasty bearish reversal. The implications are bearish until Silver hits support in the low $20s. The good thing is this squeeze was always going to fail and its better it happened sooner as it could have led to an even more dramatic peak and reversal.
Hecla Mining (NYSE: HL) And Xtra-Gold Resources (TSE: XTG) Now In Position As Next Silver/Gold Rally Begins – Mike Swanson (05/07/2021)
Gold and Silver “Flagging Out in a Big Way” – Sprott Money Precious Metals Projections – Chris Vermeulen (05/07/2021)
Quoth the Raven #250 – Our Bullshit Economy: Part 21 of 515 – Source – QTR Podcast (05/0/7/2021)
China Unleashes Financial Tech Crackdown – Ethan Yang (05/07/2021)