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Topics:
Silver Squeezed: Planes Headed to London To Cover Shortfall
The Source of the Silver Problem
Market Analysis:
Silver Squeezed: Planes Headed to London To Cover Shortfall
Silver’s Modern Squeeze: A Century-Old Market Under Pressure
ondon’s century-old silver market is in turmoil. A powerful short squeeze has pushed benchmark silver past $50 an ounce — just the second time ever. With liquidity evaporating, traders desperate for metal are paying sky-high borrowing costs. India’s sudden surge in demand has worsened the squeeze, while London’s vaults now hold just a fraction of their former inventory. As paper and physical markets collide, costly international shipments may be the only relief.
Continues in the Premium post: Silver Squeezed: Planes Headed to London To Cover Shortfall
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Data on Deck: CPI/PPI
MONDAY, Oct. 13 Columbus Day holiday, none scheduled
TUESDAY, Oct. 14 6:00 am NFIB optimism index Sept.
WEDNESDAY, Oct. 15 8:30 am *Consumer price index
THURSDAY, Oct. 16 8:30 am *U.S. retail sales Sep* Core PPI
FRIDAY, Oct. 17 8:30 am *Housing starts Sept.1
Charts and Final Market Check:
