One of the significant changes in the silver market over the past week has been a drop in the EFP (exchange for physical), with the spread between spot silver and the futures narrowing.
It’s not a very widely talked about factor, and not always the most easily understood. So in today’s show, Vince Lanci goes through the recent change and helps to explain what’s actually happening and why.
In addition to breaking down the EFP change, Vince also takes a look at the seasonality of silver and goes through the charts on how silver has performed in recent September. He talks about the various market forces that will be coming into play as we proceed throughout the rest of the year, and how he expects the silver price to respond.
So to get your week started with the latest silver news, click to watch this video now!