Loading ...I think you’re right. There’s nothing really working against pm’s right now other than the paper players.
The timing for them was good before a Fed meeting, and the fact that we were so overbought. They temporarily brought in enough physical silver at the LBMA to pull it off I guess, but demand should still be strong, and if you wanted silver at $54, you’d surely want it at $48.
I wonder if there is any available silver in India yet. Doesn’t seem like supply problems get solved overnight like that.