The SLV borrow rate started the Friday session at 2.35% -- and finished it at 2.54%...with zero shares available to short by the end of the day. There have been 35 almost consecutive weeks/8.5 months of net silver inflows into all the world's depositories, ETFs and mutual funds -- and that silver taken out of SLV in the last three days didn't disappear off the face of the earth... somebody owns it.
To summarize, it’s a pleasure to report that gold, silver, and mining stocks are in a strong position, currently experiencing their most powerful bull market in recent memory.