This week, Andrew Maguire explores the unique conditions that have seen refiners buying back COMEX physical silver for the first time in the history of the Silver Futures market.
With his usual surgical analysis of the markets, the precious metals expert timelines the events that have helped form the perfect base for gold and silver to rally.
The long-time wholesaler highlights an intriguing correlation between current market conditions and March’s implosion of the EFP conduit, only adding fuel to the fire.
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The opinions expressed in this publication are those of Andrew Maguire and do not purport to reflect the official policy or position of Kinesis. This publication is for informational purposes only and is not intended to be a solicitation, offering or recommendation of any security, commodity, derivative, investment management service or advisory service and is not commodity trading advice. This publication does not intend to provide investment, tax or legal advice on either a general or specific basis.