Silver Down Hard As Grexit Optimism Fades

Peter’s Commentary:

Silver has fallen hard today. Dropped more than 5%.

From ZeroHedge, Tyler Durden, February 17, 2015

It appears the overnight exuberance at the possibility of a Grexit is fading fast… Silver – already weak overnight – was suddenly monkey-hammered lower on massive volume… WTI is down almost $2 from intrday highs, testing towards $51.50 on heavy volume.

*SILVER TRADING MORE THAN DOUBLES VS 100-DAY AVG FOR THIS TIME

Silver absolutely crushed…

 Source:

I’ll get some charts up on silver later.

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