Silver might make a run for $40 by Month end



So could silver make a run to $40/oz by the end of March? As mentioned in the linked article below March is the next delivery month for silver and the silver trading pattern leading up Dec delivery would seem to be reappearing now leading up to Mar delivery. March open interest is at 898 or 4.5 million ozs, twice what it was at the end of Dec 2010. He makes an interesting case for $38-$40/oz by the end of March.

See here.

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