Tuesday – 11/04/25 — 8:15ish PST — SILVER
SPOT PRICE = $47.65
FUTURES PRICE = $47.36
Still in backwardation despite Silver decline over past month……
Any thoughts on why?
SPOT PRICE = $47.65
FUTURES PRICE = $47.36
Still in backwardation despite Silver decline over past month……
Any thoughts on why?
Shortage of physical.
Agreed — but this “implies” an expectation that the shortage will be resolved while there is no indication of same by the producers themselves — ie: no new MAJOR suppliers or mining fields about to come onto the market.
Even new producers like Silver Mountain are still months away from production andtoo small to impact global supply. Other option is that demand will fall (ie: failure of new green deal (solar panels)???) yet the globalists are still pushing this narrative – despite Gates moving on to control of the entire food chain.
Math reality about to hit home for many, $1 stock drops 50% = .50 will now need to double to break even gig…
Much of the PM market fits this description…..