EPISODE · May 14, 2021 · 21 MIN
Ep 20 - The Truth about the So-called Silver Squeeze
from The Gold Exchange Podcast · host Monetary Metals
The precious metals blogosphere has been lit up with the #silversqueeze story. Building on the momentum of the Reddit-born retail trade warriors made famous by squeezing the shorts in GameStop, a Wall Street Silver channel was created. And silver became the next main "squeeze"... if you will. This all started in late January, and for a moment, it looked like it had some legs. It was getting national press coverage, but eventually fizzled out due to the price losing momentum and reversing direction. Nonetheless, a group maintains the silver squeeze isn't over. Rather, it's only just beginning with another "squeeze" attempted earlier this month. This time feels different, with allegations and accusations being leveled at notable precious metals companies, not just the big banks. What's going on? As always, Keith provides some answers in this latest episode.
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Ep 20 - The Truth about the So-called Silver Squeeze
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