SLV ETF important comments
In the last 2 days 17.7 million shares have been created and approximately 16 million silver ounces will be delivered into the iShares Silver Trust.
This activity has increased the shares available to borrow and also lowered the borrowing fee to short…
Look at the price action during Asian and early European trading hours. The US can slam all it wants, Asia will continue to buy https://t.co/R7wZohXnlk
Core inflation data is going to be cruical.
Current data suggests milder inflation environment at the wholesale level, which is supportive for equities and fixed income and reduces the risk of aggressive Fed tightening.
🚨Just In: $ASML, the world’s biggest supplier of computer chip-making equipment, just reported a rise in Q2 bookings that was above market expectations.
It also reaffirmed its full-year sales outlook of €30 billion to €35 billion.
AI demand is booming.
The global silver shortage:
The price gap between New York silver futures and London spot prices widened to $0.86 per ounce.
The last time silver experienced such a disconnect was in March, when fears of US tariffs on silver pushed prices higher.
At the same time, lease rates,…
Silver is now on a mission back to ATHs. And this time, silver will break out of a 45-year cup & handle, so the over-shoot this time around should be massive, maybe reaching $60 - $70.
Many have been calling for a drop in silver lately, but I have kept on saying that very big…
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