The Silver Short Squeeze: Only 14% of Futures Are Covered

Silver futures surged past $117 on January 29, extending a historic rally with 275% gains over the past year. A severe physical supply crunch is driving the surge. Warehouse inventory now covers just 14% of outstanding futures positions. A confluence of depleted inventories, oversized commercial short positions, and unusual backward contract rolls points to a The post The Silver Short Squeeze: Only 14% of Futures Are Covered appeared first on BeInCrypto.