Well it is very interesting what is happening in the silver space right now. LBMA are about to announce another MASSIVE loss of silver from their vaults in August (if you follow SLV removals you can get an idea). It seems the LBMA even lied (or corrected) the massive losses in July, even more was lost from their vaults than they initially reported, another 3000 tonnes of silver was taken from LBMA vaults in July than they initially said.
Meanwhile COMEX is bleeding gold and silver also and gold/silver price is in the dumps because "someone" with bots is trading based on the DXY. There seems to be no human in the middle of those decisions because it seems insane. COMEX also removed the cost to store silver in their vaults, it seems to now be paying you to store 1000oz bars with them. Strange.....
https://www.reddit.com/r/Wallstreetsilver/comments/x0itig/the_cost_of_storing_your_1000_ozt_silver_bar_at/
How much longer until all this affects the silver price?
Well it is very interesting what is happening in the silver...
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