How Close Silver Squeeze Came To Breaking The Market | Rick Rule

Back in 2021, the silver market had an event that came to be known as the Silver Squeeze.

Which led to a brief spike in the price, and a surge in investment demand, that 2 months later would lead the LBMA to say 'had demand in iShares continued at the frenetic rate of late-January/early February it would only have been a matter of weeks before London’s existing stock was used up." Yet the lesser known story is what was happening behind the scenes with the Sprott PSLV trust, which was clearing out the existing silver inventories in multiple cities.

In this clip, RIck Rule, who had a unique access to the silver market due to his role with the PSLV trust, talks about how close the market came to breaking, and whether he expects it to happen again.

If you're a silver investor, you'll want to have seen this clip!

Arcadia Economics

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