Why did the iShares SLV ETF add so much silver to its inventories yesterday when the price of silver sold off? The iShares SLV ETF added more silver in one day than the combined 4-week net change of several of the other leading Silver ETFs. Also, why has Sprott’s PSLV ETF valued declined compared to the silver price? These are all very interesting dynamics in the Silver Market that are just beginning to become one of the most important assets to own in the future. What I would like to do in this FREE MEMBER REPORT is to provide some interesting changes taking place and to dismiss some of the misguided assumptions about the Silver ETF market.
Chart: Don’t let recent Lumber Futures prices fool you, the CRB raw industrials index yesterday closed at fresh 10 yr high
For those only looking at lumber prices for their commodity analysis, the CRB raw industrials index yesterday closed at fresh 10 yr high. [...]
Chart: Biggest run on silver this century! Amount of Silver added to ETF’s in just the past 2 years is the same as the previous 13 years!
Over 500M oz of #silver have been added to silver ETF’s in the past two years, or equal to what was added to [...]
How to drain the COMEX silver – Part 1: Andy Schectman, Rob Kientz, Rafi Farber, Chris Marcus & more
"Transitory" or not? That's the question today as all eyes dives into the details behind the surge in Consumer Prices for signs that Powell's plan is failing. BofA forecast headline and core CPI prints to come in hotter than expected (and they've nailed every print this year) and they were right again with a massive beat - Headline CPI rose 0.9% MoM (against expectations of +0.5%), the biggest MoM jump since June 2008. This sent YoY headline CPI soaring to +5.4%,