While the Saudi Central Bank SLV Silver ETF holdings were an interesting thing to see, it was also a Test for our Precious Metals Community… and I wasn’t let down. Why a Test? I’ll explain, however, my post on Twitter-X received 242,000 views, nearly a quarter million views, and it went somewhat viral on social media.
According to the most recent data, a central bank just became a large holder in one of the Silver ETFs. This is a very interesting development, as I have never seen a central bank take a stake in a Silver ETF. Is this a new trend…
It looks like the set-up in the Silver Market may be bracing for the next Silver-Squeeze higher, as traders in the futures market may continue to be leveraged on the wrong side of the trade. Also, even after the passing of the Big Beautiful Bill and the DOGE Cuts, U.S. Govt debt surged $780 billion in a month…
The Decline in the world’s largest silver miner has started… and this is just the beginning. Unfortunately, due to the low silver price economics over the past decade, there haven’t been enough new silver mine projects. This will only get worse in the years ahead as existing mines deplete…
During the Gold Rally last week, there was a big surge in the commercial short position. It was one of the largest increases I have seen in quite a while. However, that didn’t happen to silver when it hit $39, as few new shorts were added. Also, big declines in U.S. oil production are underway…
As the Silver Melt-Up continues to $40, it seems as if the ongoing SilverSqueeze is hurting a lot of shorts on the wrong side of the trade. If the Silver price breaks $40, I would like to hear from members what they think will happen next. Will we reach $50 this go-around? Also, it’s quite amazing how little the total world transparent silver holdings are worth… you have to see…