The recent move in silver has unsettled a lot of people. It has unsettled people not because of the price itself, but because it no longer behaves the way many expected it to.
Experts anticipate silver recovering to new all-time highs above $80. Maharrey says the bigger story is not a short-term pullback, but the supply squeeze underneath the entire market.
Weldon says the speed of silver’s move does not surprise him. He points to a level he had emphasised earlier. Silver had repeatedly struggled around $36.50.