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1 extracted signal · 1 resolved · 0 still active
ClearValue Tax23 Jul 2025, 16:01 UTC
AI-generated source summary
The video analyzes the silver market, noting its price has soared to $39 per troy ounce, the highest in 14 years. The analyst suggests the rally is not over. The presenter discusses how big banks have been trying to keep the price of silver low and shorted 483 million ounces in one day in mid July. Only 800 million ounces are mined in an entire year. The big banks have already lost more than a billion dollars on this one bet. Also, there are currently zero shares to borrow against. The cost to borrow silver, the silver lease rate has spiked to over 6%. The analyst claims silver held in vaults in London and New York is being drained due to increased demand and he names China, Russia and India as the buyers. He claims billionaires are requesting silver deliveries. The presenter says JP Morgan chase made approximately 50 billion dollars last year so a five billion loss wouldn't hurt. If free floats is 160 million ounces then there are up to two billion being traded, this could cause a silver short squeeze. The current conditions imply the price of silver will exceed 50.00
AI-generated summary based on the source content.
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