Metals

SILVER ALERT! Physical Silver Lender of Last Resort Kicked the Can for a Month…AT MOST!

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from Bix Weir:

SILVER ALERT! Physical Silver Lender of Last Resort Kicked the Can for a Month… AT MOST!

Standard Chartered Bank came from Out of the Blue to pony up 12.5Moz in the may delivery…because nobody else had the metal! We saw this type of behavior last September from them 6 months ago so my bet is that it’s a 6 month Lease Close out! Got Physical Silver?