#silversqueeze #LMBA #SLV #bullionbanks #gold #silver #inflation #centralbanks #economy #markets
Today we will reference Ronan Manly’s great summary of the LBMA’s “Silver Investment 2021: Report”. In this summary, Mr Manly notes how the LBMA admits the London silver bullion market was close to running out of physical silver with the surge in demand triggered by the #silversqueeze move on social media towards the end of January 2021 and the beginning of February.
The summary concludes that the LBMA report thinks there is not much left of the #silversqueeze movement and that it has faded away. Ronan Manly thinks the LBMA is wrong about that and so do I. The LBMA report, in our opinion, shows that the £silversqueeze movement is far from over.
LBMA acknowledges “Buying Frenzy” in Silver Market and silver shortage Fears: https://www.bullionstar.com/blogs/ron…