A Potential 84 Million Ounces of Silver Up For Delivery in July

Posted June 30th, 2020 by IngridCorbitt1 and filed in General News

Ed Steer this morning:

“A Potential 84 Million Ounces of Silver Up For Delivery in July”

First Day Notice for July showed that 3,316 gold –plus an eye-watering 11,458 silver contracts were posted for delivery on Wednesday.https://t.co/fDr5kHIlNY pic.twitter.com/bIYxSnQTyf

— Peter ? Spina (@goldseek) June 30, 2020

Meanwhile the Silver price is nearing a key technical resistance level with gold adding to silver’s appeal with the gold and silver ratio near historic extremes around 100 ounces of silver for one ounce of gold

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Silver is going to explode higher into the mid and upper $20's (to start) only a question if it is going to happen this summer or later in the year. As long as gold keeps pushing past $1,800, silver is ready for a big breakout move as well. $21 area also a bit of a resistance.. pic.twitter.com/4e4dev9od9

— Peter ? Spina (@goldseek) June 30, 2020

Excerpt from: 
A Potential 84 Million Ounces of Silver Up For Delivery in July

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