London Crisis: LBMA Reporting Big Silver Liquidation
About this episode
London silver is falling down, falling down, falling down... We go over the data to show the liquidations in the London silver market have started! And it's not just the free physical silver, but includes strong ETF liquidations. This suggests that certain large shareholders are liquidating some stocks from SLV, which stores its metal in the LBMA vaults. When paired with the COMEX silver inventories falling, it appears there are strong hands that really want #silver.
Is this #silversqueeze phase 2? I think so!
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