Silver Shorts Panic? Silver Breaks $54, Gold $4300 | Ed Steer
Silver Shorts Panic? Silver Breaks $54, Gold $4300 | Ed Steer
Liberty and Finance: 10-16-2025
Silver has been rising sharply, climbing roughly a dollar per day and recently breaking above $54.
Market analyst Ed Steer joins Liberty and Finance to discuss the unprecedented physical shortages now emerging across global exchanges, with massive withdrawals from COMEX and tight supplies reported in London, India, and China.
He notes that open interest continues to rise alongside prices, signaling sustained demand and a lack of short covering among major traders.
Steer explains that the squeeze on physical availability reflects years of structural deficits and intensifying global investment interest.
As the market approaches a potential turning point, he emphasizes the importance of owning physical silver and staying positioned ahead of what could become a historic move higher.
INTERVIEW TIMELINE:
0:00 Intro
1:28 Silver & gold surge
7:00 Platinum
8:30 Gold flows
10:45 Silver flows
13:40 Gold delivery
18:30 Getting started in gold and silver
21:00 90% "junk" silver
22:30 Pre-33 gold
25:30 End of the US dollar?