Exploding Silver Price Triggers Historic Short Squeeze in London As Traders Begin Booking Cargo Flights to Import Precious Metal - The Daily Hodl
An historic short squeeze in London is propelling the price of silver to new highs. The annualized cost of borrowing the metal in the London market, known as the silver lease rates, skyrocketed more than 30% on a one-month basis last week, making it extremely expensive to roll over short positions, reports Bloomberg. A short [...]