Silver Squeeze Status — SLV, COMEX Updates
Summary
- Potential silver problems on the COMEX.
- Can SLV get the silver that it needs?
- What investors need to know about ETFs.
- Silver's long-term price potential.
- Fair prices for gold and silver right now.
Silver surged into mainstream headlines in late January as the “silver squeeze” narrative took hold, but what’s happened to the white metal in the weeks since then?
Speaking to the Investing News Network, Nick Barisheff, president and CEO of BMG Group, said the story is still alive and well. In his view, there are two key points silver-focused investors should be aware of.
“I think the thing that people should understand (is) there’s two components — there’s the difficulty of getting silver for the SLV and also the COMEX,” he explained.
Analyst's Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Founder, President & CEO of BMG Group Inc.
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