Cheers Tando,
I haven't paid too much attention to the futures side of things and thought I better try to get my head around the Silver Squeeze issue.. Whilst I understand the principles, the details alluded me a little.
If you follow that previous link back to the actual Sprott article (on their website) , and press on the Next Silver Price Short Squeeze link you'll arrive at the link below..
Good explanation for those not clear on how the Swaps Dealers (banks) and the Managed Money (Hedge Funds) work on the futures market.. (re silver squeezes etc) on the Sprott page.
So simple I can understand it..
https://www.sprottmoney.com/blog/next-silver-price-short-squeeze
Cheers Tando,I haven't paid too much attention to the futures...
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Last
2.5¢ |
Change
-0.001(3.85%) |
Mkt cap ! $43.31M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2415779 | 2.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 245841 | 2 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| IVR (ASX) Chart |