Silver Remains Above $30 Despite Low Physical Demand

This week we learned from the mainstream financial media (of all places) that Saudi Arabia actually threatened to dump French bonds if Europe seized any Russian assets. The Europeans backed off, and the Saudis won. Which has Rafi Farber wondering, could the Bank of Japan be threatening to sell US Treasuries if the Federal Reserve doesn't close the interest rate spread that is destroying the Yen? If I were the Bank of Japan, that's what I would do, nicely of course.

Meanwhile, silver maintains its strength above $30, despite physical premiums touching pre-SilverSqueeze levels for the first time since...well, SilverSqueeze.

To find out more, watch the video now!

Arcadia Economics

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