And it appears to have happened more often than usual lately.Sounds about like a Margin call, makes sense to me.
All the silver I own I can lay hands on.
Ask the Hunt brothers what happens when you try to hoard silver. They tried that back in the '60's or '70's.
If the price gets high enough, it's amazing how much can be dug out of the ground.
Silver closed a little over 35 bucks today. No more slide! Wonder what will happen Monday?
Once it stabilizes for a while a lot of the people that got in when it was 20 - 30 bucks may well sell off theirs (once they believe it is not going up anytime soon). If so, the prices would temporarily drop and that might be a good time to jump back in.