Rob Kientz: SLV shorts are pressuring silver price
#RobKientz: #SLV shorts are pressuring #silverprice
There was another #silver price selloff on Friday, which now leaves the #COMEX price under $19.
One of the factors contributing to this lately has been the shorting of SLV shares, which has added more pressure to the paper market, and left the price lower.
Fortunately Rob Kientz of GoldSilverPros joined me on the show to talk about what he's seeing with the SLV trading, as well as what's going on in the physical market, and whether the silver price dropping below the industry average cost of production will place a floor under the silver price.
Especially with the Federal Reserve continuing to raise interest rates, it's a critical time in the silver market. And to find out the latest, click to watch this video now!
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To get access to Rob's research at GoldSilverPros go to:
https://goldsilverpros.com/
To find out more about First Majestic and their latest drilling results go to:
https://www.firstmajestic.com/investors/news-releases/first-majestic-intersects-1935-gt-au-over-232m-in-potential-new-high-grade-gold-zone-at-jerritt-canyon-follow-up-drilling-confirms-presence-of-high-grade-gold-pod-near-active-underground-mining-in-smith-mine
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To get Arcadia silver videos delivered straight to your email inbox click here:
https://arcadiaeconomics.com/email-signup/
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To get on the waiting list for your very own ´Silver Chopper Ben´sterling silver figurine click here: https://arcadiaeconomics.com/get-a-chopper-ben/
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To get your paperback or audio copy of The Big Silver Short go to:
https://arcadiaeconomics.com/thebigsilvershort/
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To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here:
https://arcadiaeconomics.com/cftc-complaint/
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To sign the petition to ban JP Morgan from having any involvement in the silver industry click here:
https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver
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Follow Arcadia Economics on Twitter:
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To receive updates about Arcadia option trading events:
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#silver
#silverprice
And remember to get outside and have some fun every once in a while!:)
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