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Silver futures price divergence [Video]

In this week’s Live from the Vault, Andy Maguire exposes the Chinese and Indian deep-pocket traders who aggressively capitalise on the $1000-per-contract silver futures price divergence.

As the COMEX-driven backwardation reaches unprecedented extremes, the London wholesaler analyses the increasing potential for the freshly-emerged competitors to ignite the massive silver short squeeze.

Timestamps

00:00 - Start.

01:40 - Gold and silver action summary since the last episode.

09:15 - Silver sharks swimming into the COMEX backdoors.

17:45 - How can this new competition affect the ETF flywheel?

23:50 - Gold - Looking at the short and medium-term picture.

Author

Samuel Briggs

Samuel Briggs

Kinesis Money

Samuel holds a deep understanding of the precious metals markets, and as an in-house journalist for 1:1 gold and silver-backed monetary system, Kinesis, he is chiefly responsible for updating the community with insights and analys

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