All Time Record High Physical Silver Premiums Just Hit
It’s all starting to come apart at the seams…
If you want to add to your silver stacks this week, it’s going to cost you at least a 40% premium. Demand for physical silver just keeps climbing. Meanwhile the electricity markets in Europe are getting squeezed and looking more and more like nickel from back in March.
This is what it happens when paper and physical markets collide. Epic short squeezes, dislocated pricing, and record premiums. It’s all starting to come apart at the seams. All this, while the bubble-bellwether Nasdaq threatens to break through its 200 week moving average for the first time since September 2008. Remember what happened then? A little something called the Great Financial Crisis.
Hold on to your silver hats people. The storm is getting rowdy.
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