Commercial Banks Buying Silver & Taking Delivery? | Andy Schectman

Source: https://www.youtube.com/watch?v=kqPNYR4FkuE
Published: Aug 2, 2022
Author: Liberty and Finance
Post Date: 2022-08-03 20:34:59 by BTP Holdings
Views: 134

Commercial banks' short positions in silver are extremely low. Physical inventories are dwindling as investors are taking delivery of their silver off the COMEX. This fall could be pivotal for the metals industry, says Andy Schectman, CEO & president of Miles Franklin Precious Metal Investments. Retail inventory is already incredibly tight. "It won't take much to completely disrupt this entire ecosystem."

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