The bad news is that the silver price is getting walloped. The good news is that so are the Comex physical silver stocks. One vault in particular – Malca Amit – put its entire stock of over 3 million ounces up for sale against futures in a single day. Expecting big deliveries perhaps?
Just after Rafi finished recording this, another 3 million ounces were loaded out of six different vaults. As frustrating as a low silver price is, the stackers aren’t the only ones feeling the pain. Comex Silver is as well.
To find out more, click to watch the video now!