Silver Rally of 'Biblical Proportions' Ahead, Shorts 'Fighting a Losing Battle': Ed Steer

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Ed Steer has been carefully watching the concentrated short positions in the silver market, along with the latest data on inventories and deliveries on the COMEX, LBMA, and Shanghai Futures Exchange, and what he sees is shocking. Ed believes the bullion banks shorting silver have reached the end of their rope and will soon be left scrambling to cover in a rally of biblical proportions that could wipe out the price suppression cartel once and for all.

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