亨特兄弟2.0？伦敦白银史诗级“逼空”

Core Insights - A rare short squeeze is occurring in the silver market, with physical silver inventories in London reaching critically low levels [1][7] Group 1: Silver Market Dynamics - Spot silver prices have surged, reaching $53.23 per ounce, surpassing the previous high of $50 per ounce set in January 1980 [2] - Year-to-date, spot silver has increased over 70%, significantly outpacing gold's 50% rise [3] - The total inventory of silver in London has decreased by one-third since mid-2021, with "free float" silver dropping from 850 million ounces in mid-2019 to approximately 200 million ounces, a reduction of 75% [5] Group 2: Supply and Demand Imbalance - Current physical demand for silver far exceeds supply, with borrowing rates for silver skyrocketing above 100% [7] - The London Bullion Market Association (LBMA) is reportedly struggling to deliver sufficient physical silver to meet the demand for spot contracts, leading to significant market distortions [7] - Traders are even booking air freight to transport physical silver to London, indicating a severe liquidity crunch in the silver market [7] Group 3: Price Forecasts - Bank of America has raised its price forecasts for precious metals, predicting gold will reach $5,000 per ounce by 2026 and silver will hit $65 per ounce [8][9] - The bank attributes the expected price increases to the unconventional fiscal and monetary policies of the U.S. government, which are likely to keep real interest rates low and pressure the dollar [9]