Silver Squeeze Is Over According To TD's Daniel Ghali

December 9, 2025

After an historic short squeeze in the silver market that left the futures within a dime of the $60 level, the bank that was out calling for the squeeze months in advance is now saying that it's over. And calling for the silver price to fall back into the $40s in 2026.

Is he right?

Arcadia Economics

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Peru became the world’s largest producer of silver in 2012.

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