The Gold-Silver Ratio is now at an important level, and if it breaks through, it could cause the silver price to continue even higher. The silver price has been outperforming the gold price since the WallStreetBets “Silver Shortsqueeze” campaign. Also, it also seems that the “industrial demand component” is keeping…
The Silver Market seems to be heading for a shortfall in supply which could potentially be very explosive for the price. Something seems to have changed in the silver market this past year as investors are buying both physical and global ETFs. This has caused a tightness in the wholesale silver market…
Using the old tried and true magic trick of Now You See It… Now You Don’t, JP Morgan supposedly borrowed 30 million oz of silver from one vault in London, as the custodian for the iShares SLV ETF, and returned it all just a few days later. What took place behind the scenes at BlackRock’s iShares SLV ETF…
With investment demand for Silver Eagles continuing to be very strong, the U.S. Mint sold nearly 7 million of the official coins in the first six weeks of the new year. Even Gold Eagles’ sales hit a new record in January, pushing premiums up to $150+ for the one-ounce 2021…
Two powerful forces are now setting up for a collision in the silver market. However, this wasn’t always the case. In the past, industrial silver demand was the largest component of the silver market. That’s all changed now as investment demand became the biggest factor last year, and will likely be the same in 2021…
The was a major disruption in the silver market when the WallStreetBets and Reddit instituted their “Silversqueeze” campaign, which hit the mainstream financial networks. While the silver price surged and then sold-off, I believe the silver market disruptions will continue to increase in 2021…