Video interview with Everard of ARK Silver on what the retail market looks like. ARK is a precious metals dealer that deals in millions of bullion sales and has an ear to the ground with respect to what the physical market looks like. They try to answer these questions:

Is physical silver really in a squeeze

How much have premiums been spiking

How much silver is available (wholesalers) are reporting really low or no inventories)

What will happen next if physical silver goes into a real, protracted shortage.

SLV analysis:

SLV also known as paper silver spiked more than 7% this morning despite the massive gap up, the gap has yet to fill and is holding gains so far. We would expect that gap to fill, but it may not be anytime soon. SLV blew through three resistances today 17.72 17.93 and 18.09 we will watch for these old resistances to hold as support.

Disclaimer we are not investment advisors if you buy stocks, you may lose your entire investment. This is our opinion based on our analysis.