Comment by
OliverZ on May 03, 2021 9:15am
If the 10Y T goes down we can see a run in PM imo, its not about a squeeze.
Comment by
Thales42 on May 03, 2021 10:22am
true, but silver squeeze is also a factor. A silver 100 ozs Royal Canadian Mint bar was selling yesterday in my PM bullion dealer $750 Cad above spot silver price, or at 30 percent premium
Comment by
OliverZ on May 03, 2021 3:09pm
Yes good for the dealer ;-), imo will need a uptick in industrial demand from there can come the huge pressure , i am not so sure about the silver squeeze . However may it got a little impact but i guess not too much. Thats why i "love" EXN , Silver up by 4% , EXN also . Not a great performance like allways. We wish something else but on the long way the markt is correct in pricing.