Sprott Money News

$80 Silver Ahead? COMEX Panic and Backwardation Crisis | Andrew Maguire

Sprott Money Ltd

Is the silver market on the verge of a massive breakout? Craig Hemke for Sprott Money and renowned precious metals expert Andrew Maguire dive into November's silver and gold market action, exposing what mainstream media won’t tell you. They break down backwardation in COMEX silver futures, physical market demand, supply constraints, and the weakening influence of Western price manipulation. As silver backwardation persists into a major delivery month, Andrew warns this could be a signal of a complete collapse in synthetic pricing structures.

This podcast is packed with critical insights on where the price of gold and price of silver are heading next, why you should buy gold and buy silver now, and how the gold price and silver price may soon be set by physical exchanges, not paper ones. They also explore how institutional buyers and central banks are reshaping the metals markets.

Stay informed and protect your wealth—don’t miss this deep dive.

Did you know you can get the Sprott Money Monthly Wrap Ups, Ask The Expert, special promotions and insightful blog posts sent right to your inbox? Sign Up Here - https://sprottmoney.us2.list-manage.com/subscribe?u=f0bc823d52ca2d38bc613c631&id=0a3cfde35b

Buy Bullion from Sprott Money Here - https://www.sprottmoney.com