From Peter L. Brandt:
The volume in silver this week will be the highest since the August top, and second highest since the absolute top last April
An enormous slug of volume has entered the silver market this week. In fact, by the end of trading on Friday, the weekly volume will most likely be the highest tally since the August top. So, what does this mean?
Volume nearly always leads price in silver. Silver traders must always be aware of the volume of trading at the Comex. Whenever the market gets hit with a slug of volume, traders need to ask themselves... "So, what does this mean?"
The record volume in late April allowed me to announce on this blog that...
Read full article...
More on silver:
Why silver could hold the key to the market's next big move
Gold guru Turk: "Something big is about to happen" in gold and silver
Yesterday's Fed announcement could be the No. 1 reason to buy gold and silver now