Lanci, Coleman: Why silver keeps going into backwardation, and SLV short position explained

Lanci, Coleman: Why silver keeps going into backwardation, and SLV short position explained

In the past few months we've seen the #silver market go into 'backwardation' several times, which means that the spot price has traded over the futures price. Which isn't supposed to happen, and is usually an indication that physical metal that can be delivered now is in high demand.

So in this panel from SilverFest III, silver experts #VinceLanci and #BobColeman talk about why this has been happening, what it means, and what it says about the market going forward.

They talked about the declining inventories amid worldwide demand for physical silver, and how that's been pressuring the market and setting a floor around the $18 level. Bob and Vince also talked about whether they expect to see metal delivered back onto the COMEX and LBMA as the price rises, and whether the divergence between the paper and physical markets will continue to grow.

Bob also touches on the SLV short position we've seen grow to large levels over the past few months, and why that's occurring. And perhaps most importantly, each guest gives his perspective regarding how if we look forward 5 years in time, whether this current arrangement will still be in tact.

So to better understand the details of what's happening beneath the surface of the physical and paper levels of the silver market, click to watch this video now!

-

To find out more about the services Bob Coleman offers through GoldSilverVault go to:
https://www.goldsilvervault.com/

To get access to Vince Lanci's research at GoldFix Substack go to:
https://vblgoldfix.substack.com/ArcadiaSpecial

To find out more about the latest deal from First Majestic Silver go to:
https://firstmajestic.com/investors/news-releases/first-majestic-announces-the-proposed-sale-of-its-royalty-portfolio-for-us200-million-20221128

-

To get Arcadia silver videos delivered straight to your email inbox click here:
https://arcadiaeconomics.com/email-signup/

-

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/

-

To get your paperback or audio copy of The Big Silver Short go to:
https://arcadiaeconomics.com/thebigsilvershort/

-

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/

-

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

-

Follow Arcadia Economics on Twitter:
https://twitter.com/ArcadiaEconomic

-

To receive updates about Arcadia option trading events:
https://arcadiaeconomics.com/options/

-

#silver
#silverprice
And remember to get outside and have some fun every once in a while!:)
(URL0VD)