In this video, we dive into the recent surge in silver prices, with the price in China hitting $36 per ounce overnight. If you're contemplating adding to your silver stack, it's worth noting that the Chinese are purchasing silver at higher prices than what we're seeing domestically. This is fueled by robust supply and demand dynamics, with demand far outstripping supply. Additionally, large bullion traders are significantly short on the silver market, setting the stage for a potential short squeeze. Stay tuned as we also explore insights from CNBC on the current state of the precious metals market.
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**Informational purposes only. Do not buy or sell anything, make any type of investment decision, adopt a puppy, get engaged, or do anything based upon the information I share with you.**
My current mining stock portfolio: EQX, FSM, FFMGF, BBBXF, USAS, TSRMF, FSXLF, SSVRF, CAPTF, DOLLF, SILEF, AGMRF, WRLGF, GLDG, BKRRF, CLLXF in order of highest to lowest position size.
ALSO hold positions in: MMM, NOK
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