We are adding to silver (SLV) short position right here.
We are selling short front month futures at $45.30. For those not trading futures, the best way to take advantage of the top in silver is to short a closed end fund that trades at a premium to net asset value. When the silver fever breaks, this trade will not only benefit from falling silver prices but will doubly benefit from the shrinking of the premium.
Details of the trading plan in this closed end fund are available at ZYX SHORT SELL CHANGE ALERTS
