Loading ...The difference with this squeeze is that it is in the cash market….when a Futures mkt gets squeezed, they can both raise margins and force longs and shorts to settle at an agreed price….A cash market has no margins to raise and buyers take away their metal….and either use it, say in jewelry etc or store it…..so the only way to get stored metal back, is to let the price go so high , the stored metal surfaces…..
As as others have said the metal prices are so low, tks to decades of abuse, no one is gonna part with metal until we see way higher prices….therefore the squeeze will continue.