How can you not say something about the Christmas silver rally that now has the price up over $4, has the COMEX futures over $76, and has left the silver price in China over $80?
We’ve just lived through a truly historic year in the precious metals markets, as we finally saw the (first?) short squeeze in the silver market, while the gold price continued to soar.
China has also announced that they will begin restricting silver exports in 2026, and I think these developments have a lot to do with what’s happening with the silver price right now.
If the Banks become increasingly cautious in creating and adding new shorts, then the price will have to rise to a point each day where sellers of existing contracts appear.
