The silver market is being squeezed at a time when there are no large quantities of physical silver available.
No One Is Selling Any Silver
April 1 (King World News) – Alasdair Macleod, head of research at Goldmoney: Silver is not overbought because it’s a bear squeeze. This is the whole point. This is not a situation where everyone has gone long on a rising price and thinks it’s going to the moon. No, it’s a bear squeeze. So any consolidation (during the surge) is likely to be quite brief. Basically there’s no physical silver around. And looking at silver coin and bar dealers…to continue listening to Alasdair Macleod discuss the silver squeeze and the lack of available physical silver supplies CLICK HERE OR ON THE IMAGE BELOW.
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