New Delhi, Oct. 26 -- Ticker is a weekly newsletter by Vijay L Bhambwani. Subscribe to Mint's newsletters to get them directly in your email inbox.

Dear reader,

Last week, I wrote that traders should be prepared for higher volatility, as the truncated, holiday-shortened week was expected to witness larger price swings on low volume. That hypothesis was validated, as price action followed the expected lines.

Last week, I also wrote about the extreme greed displayed by retail investors-traders where bullion (especially silver) was concerned. Leveraged buying (buying with borrowed funds under the margin funding scheme - MTF) shot up in spite of price declines. Regarding Nippon Silver Bees (the oldest and largest bullion exchange-traded fu...