Goldman Says Silver "Still Stuck" After Billions Of Spec-Selling, Puts Panic-Bid

Two weeks ago we asked whether silver bears had gotten a little too comfortable (Oct 9). The answer, so far: not yet. Silver is down roughly 3% since, to $57.48 this morning, and the specs are still selling.

That is the message from the latest installment of Goldman's Robert Quinn's running silver diary, titled, with even more economy than the last one, "Silver Futures: Still Stuck" (available to pro subs). His summary:

Three Weeks, $2.2 Billion, And Counting