Silver ETFs experienced a significant sell-off, plunging 15-20% on Thursday, far exceeding the modest decline in spot silver prices. This sharp divergence was attributed to the unwinding of speculative positions and potential forced selling due to margin calls, surprising investors after a recent record rally.
Silver ETFs experienced a significant sell-off, plunging 15-20% on Thursday, far exceeding the modest decline in spot silver prices. This sharp divergence was attributed to the unwinding of speculative positions and potential forced selling due to margin calls, surprising investors after a recent record rally.
Nora Leerhsens speech at a City Club of Chicago luncheon comes at a critical juncture for the CTA. Until state lawmakers passed a landmark transit funding bill by the skin of their teeth last fall, the agency had spent months planning to make drastic service cuts and layoffs this year.
