MKS PAMP/Nicky Shiels/1-20-2022
“All precious metals posted new YTD highs (yes its only been ~3weeks): DoD Palladium +5.6%, Platinum +4.6%, Silver +2.7%, Gold +1.5% (at 1:30PM CME close [yesterday]). These intraday hockey stick rearranges are simply indicative of when 1) commodity supercycle calls, 2) inflation, 3) equity market volatility & 4) positive physical seasonality collide, they inject indiscriminate buying into the precious space.”
USAGOLD note; Insights from Nicky Shiels on important changes in the way professional money managers now view precious metals including possible short covering in the silver market ……
