In this week’s Live from the Vault, Andrew Maguire examines the unprecedented scale of the physical silver shortage that is draining COMEX inventories and causing havoc in the oversold, futures-driven silver market.
The London wholesaler analyses the glaring disconnection between the physical and paper silver markets, evidencing investors capitalising on massive, risk-free arbitrage profit opportunity.
Timestamps
00:00 – Start
01:10 – What is happening in these crazy silver markets?
07:55 – The similarities between the nickel and the silver markets.
12:45 – How does the situation in silver affect the gold price?
18:20 – The wholesale market – Andrew’s update.
27:30 – The short-term effects of the arbitrage process.