Huge PSLV Silver Short Squeeze Coming? | Andy Schectman

In this interview, Andy Schectman discusses the recent surge in shorting activity surrounding PSLV, the physical silver trust, which saw a massive drop in share price due to aggressive short selling. He explains that the shorting of PSLV is being used as a strategy to suppress silver prices, as it reduces the need for the trust to purchase more silver to back the shares. Andy also highlights the risks involved in such market manipulation and how it reflects the broader struggle to control the value of silver amidst increasing demand. He emphasizes that investors should be cautious, as these tactics could lead to volatile market conditions. Finally, Andy shares insights into the broader trends of precious metal investments and how institutional interest in silver and gold continues to grow, despite the shorting of PSLV.
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INTERVIEW TIMELINE:
0:00 Intro
3:00 Gold scams
18:45 Storage
23:56 Market update
34:00 Weekly specials

Source: https://www.youtube.com/watch?v=kw83S9e19rc&t=275s