Silver Bull Market May Have Faked Its Death - iShares Silver Trust (ARCA:SLV)

Last Friday, the silver market experienced what appeared to be a historic collapse. Price smashed from the $118 area down to the low $70s in a matter of hours, wiping out weeks of gains in a single session.There was no war, no surprise interest-rate hike, no industrial demand shock. Just a sudden, violent move that left traders staring at their screens wondering what happened.Analysts from the Sirius Report summed it up as an impossibility."We called it a ‘10 sigma event,' which is organically an impossibil ...