Commodity Culture

SILVER Shorts Squeezed to Death, Prices 'We Can't Imagine' Ahead: Ed Steer

Nov 5, 2025
Ed Steer, a seasoned precious metals analyst and founder of the Gold and Silver Digest, shares his insights on imminent silver price explosions driven by supply deficits and geopolitical tensions. He reveals how bullion banks have manipulated market corrections, preventing silver from reaching its true potential. Ed discusses the current retail supply shortages, China’s tightening export controls, and the decline of fiat currencies. He emphasizes that precious metals are becoming vital as traditional money wanes amidst social and authoritarian risks.
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INSIGHT

Manufactured Precious Metals Correction

  • Ed Steer argues recent silver and gold corrections were manufactured by bullion banks to halt a short squeeze.
  • He believes tighter money supply, debt and demand drove prices toward "unimaginable" highs without intervention.
INSIGHT

Structural Silver Deficit Fuels Squeeze

  • Steer says a structural silver deficit of about five years created conditions for a genuine short squeeze.
  • He points to falling open interest and heavy short positions as evidence the squeeze already began.
ADVICE

Watch Inventory Flows Closely

  • Monitor LBMA and COMEX shipments as indicators of physical tightness and impending price moves.
  • Prepare for shortages because current floats can be exhausted within months according to Steer.
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