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Silver

Why this Rally’s Bigger than #SilverSqueeze

“Demand for silver is off the charts. I’ve never seen anything like this in 18 years. There’s virtually no product available.”
— Steve Rand, Scottsdale Bullion & Coin Senior Precious Metal Adviser

Reddit day traders sent slumping GameStop and AMC equities soaring. Will their #SilverSqueeze disrupt the silver market next?

IT ALREADY HAS.

News of their plot to squeeze the silver market has investors sprinting to their local gold and silver dealers: the phones at Scottsdale Bullion & Coin are ringing off the hook; people are lined up out the door; and we’ve sold more silver in one week than during the entire month of February 2020.

Veteran advisors are astonished. (Watch the video above for precious metals advisor Steve Rand’s firsthand account of the mania in the silver market right now.)

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This Silver Rally is BIGGER than any Reddit Forum. THE MASSES ARE MOBILIZED.

Silver supplies are scarcer than ever. Gold and silver dealers are scrambling to fill orders. Spot silver prices are predicted to keep jumping!

👉Read: Silver Price Forecast 2021

Will you secure your silver SAFETY NET before the REAL CRISIS hits? You know: the tidal wave of debt the new, Democratic administration’s about to set off. The stock market bubble. The housing market bubble. All on the verge of BURSTING.

Make sure you’re ready. Request your FREE Silver Investor Report now.

Categories
Silver

Silver Price Analysis: Bulls look to take on bearish commitments at weekly resistance – FXStreet

“”silver price”” – Google News

Silver Price Analysis: Bulls look to take on bearish commitments at weekly resistance  FXStreet

The post Silver Price Analysis: Bulls look to take on bearish commitments at weekly resistance – FXStreet appeared first on WorldSilverNews.

Categories
Silver

Gold prices suffer first loss in 5 sessions

Yahoo! Finance: SI=F News

Gold futures fell on Thursday, suffering their first loss in five sessions, a day after posting their highest finish since the start of the month.

The post Gold prices suffer first loss in 5 sessions appeared first on WorldSilverNews.

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Silver

Gold pressured by shorter-term futures sellers – Kitco NEWS

“”silver price”” – Google News

Gold pressured by shorter-term futures sellers  Kitco NEWS

The post Gold pressured by shorter-term futures sellers – Kitco NEWS appeared first on WorldSilverNews.

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Silver

Silver, Market Bubbles, and Back to Basics

Silver, Market Bubbles, and Back to Basics

By several measures, silver prices are too low. The banking cartel will continue devaluing dollars. Prices will rise—some more than others. Buy what is inexpensive now (such as silver) and be careful with what is expensive (Tesla stock and MANY others).

Gary Christenson
Thu, 02/11/2021 – 12:11

Categories
Silver

Silver price will outshine gold as demand hits 8-year high in 2021 – Silver Institute

Silver price will outshine gold as demand hits 8-year high in 2021 – Silver Institute

Global demand for silver will rise to 1.025 billion ounces in 2021, its highest in eight years, as investors and industry ramp up purchases, the Silver Institute said on Wednesday, predicting that prices would rise.

https://www.mining.com/web/silver-will-outshine-gold-as-demand-hits-8-y…

SilverSeek
Thu, 02/11/2021 – 07:48

Categories
Silver

Silver Price Forecast – Silver Markets Show Signs of Support – FX Empire

Silver Price Forecast – Silver Markets Show Signs of Support  FX Empire
Categories
Gold

‘Houston we have a problem’: 85% of the silver in London is already held by ETFs

BullionStar/Ronan Manly/2-7-2021

“And where have we seen investment demand being strong right now? In the physical market of course, all the way from retail to wholesale to mints to refineries. So now is not a time when there will be “refiners off-loading their metal” into vaults because of weak investment demand. In fact the opposite is to be expected.  In short, strong investment demand leads to depleted unreported custodian vaulted stocks. And Exchange Traded Products have at all times to compete with the rest of the market for the pool of available silver in the London vaults of the storage providers.”

USAGOLDl note:  In short, Manly believes inventories of silver in London are at very low levels.  As a result, a persistently high level of demand could ultimately strain an already tight supply situation. As shown in the chart below, long before the Reddit Rebellion’s raid on the silver market became national headlines, ETF stockpiles experienced rapid growth. Over the past two years, silver ETF inventories have grown by almost 65%, and that is by weight, not dollar value.

Chart courtesy of GoldChartsRUs • • • Click to enlarge

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Gold

Instititional investors turn to gold

TheNorthernMiner/Kelsey Rolfe/2-9-2021

photograph of stack of unmarked 100 ounce gold bars“‘As bond yields have come down, the arguments against gold have started to weaken — there’s not much income from bonds either,’ Calum Mackenzie, partner and head of investment for Canada at global consultancy Aon, said in an interview. ‘Investors looking for that downside protection and that portfolio diversifier that bonds used to provide, they’re looking at gold.’”

USAGOLD note: We referenced this Northern Miner article in yesterday’s DMR and report it here for those who may have missed it. The focus is on Canadian funds and institutions’ interest in gold but the rationale is equally at work in other countries including the United States.

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Categories
Gold

How the World’s Top Gold Mining Stocks Performed in 2020 – Visual Capitalist

How the World’s Top Gold Mining Stocks Performed in 2020  Visual Capitalist