In this week’s Live from the Vault, Andrew Maguire discusses how China’s strong physical silver buying is challenging the paper market, with liquidity providers exploiting the widening EFP spread to push the market towards physical settlement.
As Chinese and Indian demand intensifies, it unfolds a structural shift in the silver market, exposing the fragility of paper-based pricing and setting the stage for a breakout as silver moves further away from futures pricing.
Timestamps:
- 00:00 Start
- 02:08 Gold surges as physical demand overtakes paper manipulation
- 06:56 Massive gold demand drives record deliveries, forecasts
- 12:11 Physical gold demand squeezes paper market to comply
- 18:55 Silver poised to outperform gold amid breakout
- 25:59 Silver shorts vulnerable; breakout nears amid strong demand
- 31:45 Gold and silver squeeze continues; dips bought, reset looms
