Avoid Shorting Silver Amid Imminent Squeeze

15 days ago

Larry

"I do have a very strong suspicion that somebody's in trouble on the short side and that this is going to get squeezed much higher and that shorting it here would be suicidal. Um going long it here, you know, I think probably works for a while, but you might have to be nimble. I mean, it could run up to 200 and correct back to 100, right?"

Larry warns investors that shorting silver is extremely risky given the potential for a massive short squeeze. He advises that going long on silver—while requiring nimble management—could be a more favorable approach as the metal may surge significantly before a corrective pullback occurs.

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