Silver is wearing its little white bikini, saying look at me, so look!
1) Open interest is very high for a low price. Someone is not selling, but hoarding, positions. For open interest to do this only a very large account(s) can stomach the losses. Coud this be China's COMEX silver future account? Hmmm!

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Extrend positions with very little price action gain (well so far), rubber bands do snap back!

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A reminder gold silver ratio.

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And a RTT Tv video on the Wyckoff logic..

This is where profits start, near the extreme bottom.

Every one who has debt should have 1% to 10% of physical metals to offset a very likely derivative mistake. After all there are $700 trillion USD dollars of derivates (IN USD)! 1% mistake is a $700 bn write down! Enough to destroy a currency!

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Investing Quote...
 

..“The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall Street, even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages.”..

Jesse Livermore 

..“It’s not what you own that will send you bust but what you owe.”.. 

Anon