SILVER PRICE SOARING ON SQUEEZE: $50 Price Target Just Issued But Look At This Surprise
As we kickoff the week, the price of silver is soaring today as the shorts are being squeezed and a $50 price target was just issued, but look at this surprise.
As we kickoff the week, the price of silver is soaring today as the shorts are being squeezed and a $50 price target was just issued, but look at this surprise.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the bullion banks are now short 100 million ounces of silver on the Comex and there is no liquidity in London.
Rob Arnott: Founder & Chairman of the Board of Research Affiliates – Rob’s firm RALLC manages and licenses $160 billion and also sub advises mutual funds and ETFs for the Schwab Funds, Powershares and Nomura. He is also portfolio manager on the PIMCO All Asset and All Asset All Authority family of funds and a suite of PIMCO products based on the Fundamental Index® approach. Rob is a 8 time Graham & Dodd award winner…
Rob Arnott: Founder & Chairman of the Board of Research Affiliates – Rob’s firm RALLC manages and licenses $160 billion and also sub advises mutual funds and ETFs for the Schwab Funds, Powershares and Nomura. He is also portfolio manager on the PIMCO All Asset and All Asset All Authority family of funds and a suite of PIMCO products based on the Fundamental Index® approach. Rob is a 8 time Graham & Dodd award winner…
In what may be seen in the fullness of time as the first wave of the public entering the silver market, Robinhood silver traders may break the Comex and seriously hurt some bullion banks.
DUE TO POPULAR DEMAND AND ACCELERATED INVESTOR INTEREST IN THE PRECIOUS METALS SECTOR, WE MADE THE DECISION TO LAUNCH THE NEW KWN METALS WRAP!
DUE TO POPULAR DEMAND AND ACCELERATED INVESTOR INTEREST IN THE PRECIOUS METALS SECTOR, WE MADE THE DECISION TO LAUNCH THE NEW KWN METALS WRAP!
Central banks have created a Niagara Falls of printed money and debt, gushing down chaotically all over the world.
As the price of gold surges over $30 and the price of silver soars 6.5%, it appears there is no liquidity in the silver market in London and that “could destabilize all PM (Gold & Silver) contracts” as the Reddit silver short squeeze continues.
As the Reddit army of traders target the silver market, today the man who oversees nearly $160 billion says the price of silver may be poised to skyrocket.