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Brien Lundin: A real silver squeeze may be underway

Section: Daily Dispatches

By Brien Lundin, Editor
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, October 31, 2022

If recent data -- and some little-noticed correspondence between the Comex futures exchange and the U.S. Commodity Futures Trading Commission -- are any indication, we could be in for a new silver squeeze that will finally upset the rigged "paper silver" game.

Anyone who has been active in the metals market lately knows that premiums for silver bullion are sky high. In fact, it's hard for me to recommend buying anything at all while the price for a silver American Eagle coin is well over $37 with spot silver trading under $20. ...

... Dispatch continues below ...


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These periodic surges in physical demand and bullion premiums actually occur with surprising regularity, and are typically reflective of lousy business practices and inventory management from government mints. (Surprising, right?)

I've also been skeptical that any sort of a "silver squeeze," which is typically focused on smaller, retail bullion products, will have any impact on the larger supply/demand dynamic for silver, or that even the larger exchange-traded funds can have much of an impact on the Comex's rigged paper silver game.

But something bigger may now be afoot in the silver market. ...

... For the remainder of the analysis:

https://goldnewsletter.com/go103122/

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