View full page at metalsmine.com

 

TDS’ senior commodity strategist observes that market apprehension about a potential silver squeeze is increasing

From vtmarkets.com

Silver is experiencing another tightening phase, with the market apprehensive about a potential silversqueeze event. An inflow of silver is anticipated to be the largest increase in London’s free-floating silver inventories on record. Since a dramatic squeeze altered the market structure, free-floating inventories at LBMA have surged by over 50 million ounces. With silver prices not reaching the $50 per ounce level, ETF holders’ trading behaviours may be changing. A failed breakout and subsequent price decreases could trigger liquidations, leading to increased free-floating silver in a cycle that is expected to ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis