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Silver Price Watch

Smithys Bullion - FINE GOLD AND SILVER
STKR said:
Oh, and I can't help but feel like silver is going to be absolutely slammed at some point later in the year. Most likely after some event that impacts the world's economy. I just feel it in my bones. Good idea to have some cash ready.
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Interesting spread between gold and silver! Hmmm.
 
POS testing previous highs for support is a healthy chart sign. I'm busting to see what the next candle does

SILVER_2025-06-27_13-27-04_43649.png
 
Let's see what that silver fairy brings tonight... so far looking good. Confirmation candle achieved but the tekan is still in the cloud indicates a weak uptrend. At the moment I'm out
 
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pmbug said:
Last week in silver:

SGE silver vault - loses 34.6 metric tons
SFE silver vault - adds 65.4 metric tons
SLV London vault - adds 115.9 metric tons
COMEX silver stock - adds 40.6 metric tons
LBMA silver stock - ??? (no data because LBMA is run by dinosaurs)

Global net change (less LBMA):
PSLV silver vault - added 90.3 metric tons over the month of June (from June 3 to July 1)
June 23-27 = +187.3 metric tons
June 16-20 = +101.4 metric tons
June 9-13 = +124.09 metric tons
June 2-6 = +396 metric tons

Global silver vaults (excepting LBMA dinosaurs) report increasing their stocks by 899.1 metric tons over the month of June. Does it seem like silver is in a structural deficit (global demand > global production) to you?

LBMA monthly report for June is due on July 8. Will they also claim an increase to their free float (ie. an increase more than the ETF stock in their system)? If they do, where did all these good delivery bars come from?
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View: https://x.com/pmbug/status/1940362423892095020

pmbug said:
I wonder if @JoshPhilipPhair , @FirstMintLLC or any other silver mint insider might offer some insight on the potential tightness of silver supply for minting retail products? Are refiners diverting new silver supply to LGD bar production? Is the minting of retail bars and rounds facing increased constraints from limited supply?
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View: https://x.com/pmbug/status/1940371113365962902
 
Silver Soul said:
Let's see what that silver fairy brings tonight... so far looking good. Confirmation candle achieved but the tekan is still in the cloud indicates a weak uptrend. At the moment I'm out
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MMAs tightening so might be a trade tonight.... maybe
 
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