It’s been a crazy couple of weeks, full of real action in the precious metals. But with physical silver scarce and premiums high, why is price falling on the COMEX? Host Craig Hemke sits down with Chris Marcus of Arcadia Economics to break down all the gold and silver news you need to understand the current market.
In this edition of the Weekly Wrap Up, you’ll hear:
- How the CFTC are like the Keystone Cops.
- Why retail demand for physical won’t be going down this year?
- Plus: The impact the physical run is having on futures markets.
“I think the best part is that, personally, this is the most encouraged I’ve been in the twelve years that I’ve been following this. And it’s always been based on—this manipulation—it’s been based on a bluff. If you watch THE BIG SHORT, you hear how the banks, their play is that, you know, ‘make you feel stupid for asking, hope that nobody ever looks.’ But when people look, the clues are there. Sometimes it’s just so unbelievable that this could actually be happening….it seems like things are coming to a head at an accelerated rate now.”
To hear Chris’s full thoughts on the week’s gold and silver news, listen here: