Loading ...Silver squeeze is getting more real !!
It appears as if this is getting real serious.
I am planning to tweak my portfolio more into Silver miners and less into gold.
https://www.zerohedge.com/markets/silversqueeze-hits-london-slv-warns-limited-available-silver
Sir Rob Walnut,
The number of voices calling for an explosive upwards move in silver, is really going up by the hour literally.
So many experienced analysts cannot be wrong.
At the same time, 10 year yields are spiking.
The Fed has to step in now.
May be a correction in the broader markets, to bring the yields down again. And gold and silver spiking during this broader-market-correction, to sign off that the PM correction which is now over 6 months long, is finally over. The weak hands in the PM bull market, have once again been shaken out. This, is an amazing rinse and repeat orchestrated by the bullion banks. I wonder how they are able to fleece so many sheep. NUGT and JNUG have been taken to the woodshed.
But, not the juniors.
That’s where the spotlight is now.
Nuff said.
GL
even the platinum up 4% today. Any new mines in the pipeline are yrs away due to paperwork and covid making gov’t offices very slow. Lots of juniors with discoveries but not many nearing new production output. The paperwork to restart these old mines is mind boggling as the desk sitters need something to do for the paycheque.