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.
Reprinted from FXStreet，the copyright all reserved by the original author.
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