LBMA Silver Set to 'Flat Run Out', Banks Caught Short Will BURN: Ed Steer

Ed Steer sees clear signs that silver inventory levels continue to drop, and the bullion banks massively shorting the metal are in for a world of hurt when their paper charade collapses as supply-demand fundamentals can no longer be ignored. Ed cites facts such as the SLV ETF adding 10 million ounces recently, China travelling around the world to buy up silver concentrate directly from miners, and the trend of big money going long silver to make his case that a generational move lies ahead in the silver market.

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Bonfire of the Silver Shorts: https://silverseek.com/article/bonfire-silver-shorts

00:00 Introduction
01:18 Recent Silver Price Action
03:42 Commitment of Traders Report
05:09 Triple Digit Silver Ahead?
09:39 SLV Adds 10 Million Shares
14:06 SLV Versus PSLV
15:30 China Buying Silver Concentrate
16:54 Silver Miner Bull Market Ahead?
19:24 Big Money Entering Silver
21:40 Catalysts Driving Gold
25:41 End of the Fiat Experiment
29:12 How Will People Wake Up?
32:46 Will the US Revalue its Gold?
34:48 Never Trust the Banks