Five US Banks Face Billions In Losses As Silver's Price Spike Hits Short Sellers Hard: Report
Five US Banks Face Billions In Losses As Silver's Price Spike Hits Short Sellers Hard: Report
This amounts to approximately 707.9 million ounces, nearly equaling a year's global silver production. With silver prices increasing by $1.84 per ounce, these short positions are now estimated to be underwater by $1.3 billion.Silver prices have experienced a significant increase, rising over 6% to exceed $33.6 per ounce. This unexpected surge has put five U.S. banks at risk of substantial financial losses due to their large short positions in the metal.
白银价格经历了显著上涨，上涨超过6％，超过每盎司33.6美元。 这次意外的飙升使得五家美国银行由于其在金属领域的大量空头头寸而面临重大财务损失风险。
What Happened: The recent spike in silver prices has led to potential losses for these banks, estimated at billions of dollars, according to a report by The Silver Academy.
发生了什么：白银价格最近的暴涨导致这些银行可能面临数十亿美元的潜在损失，据《白银学院》的报告估计。
The Commodities Futures Trading Commission (CFTC) reports that open interest in silver futures contracts has reached 141,580 contracts, each representing 5,000 ounces.
商品期货交易委员会（CFTC）报告称，白银期货合约的持仓量已达到141,580份，每份代表5,000盎司。
This amounts to approximately 707.9 million ounces, nearly equaling a year's global silver production. With silver prices increasing by $1.84 per ounce, these short positions are now estimated to be underwater by $1.3 billion.
这相当于大约70790万盎司，几乎等于全球一年的白银产量。 随着白银价格每盎司上涨1.84美元，这些空头头寸现在估计已经亏损13亿美元。
"This behavior undermines market integrity and could have far-reaching consequences for both the financial sector and industries that depend on stable silver prices," said The Silver Academy.
“这种行为损害了市场的完整性，可能对金融部门和依赖稳定白银价格的行业产生深远影响，”《白银学院》表示。
The concentration of these short positions among just five U.S. banks has raised concerns among industry analysts. Critics argue that this level of short-selling artificially depresses silver prices, despite strong industrial demand from sectors like electric vehicles and solar panels.
这些空头头寸集中在仅有的五家美国银行之间引起了行业分析师的担忧。批评人士认为，这种水平的卖空行为人为地压低了白银价格，尽管来自新能源车和太阳能电池等行业的强劲工业需求。
"Silver is viewed as the relatively cheap sibling to gold, and as gold continues to reach fresh record highs and copper hits a 2 1/2 month high, traders took it through resistance at $32.50," said Ole Hansen, head of commodities strategy at Saxo Bank A/S, according to a report by Bloomberg.
“白银被视为黄金的相对便宜姊妹，随着黄金持续刷新历史最高纪录并且铜达到了2个半月的高位，交易者在32.50美元的支撑位上打破了这一价格，”据彭博社报告，Saxo银行A / S的大宗商品策略主管Ole Hansen表示。
Concerns about market integrity and potential supply shortages have emerged, with some fearing a sharp price increase could force banks to buy back large quantities of silver, leading to significant losses.
出现了对市场完整性和潜在供应短缺的担忧，一些人担心价格大幅上涨可能迫使银行回购大量白银，导致重大损失。
Why It Matters: The surge in silver prices comes amid a backdrop of increasing investor interest in precious metals. Robert Kiyosaki, a renowned investor, predicted a potential stock market crash and emphasized the importance of investing in gold, silver, and Bitcoin. His remarks highlight a growing trend of investors seeking defensive assets in uncertain market conditions.
为什么重要：白银价格飙升的背景下，投资者对贵金属的兴趣不断增加。著名投资者罗伯特·清崎预测股市可能会崩盘，并强调投资黄金、白银和比特币的重要性。他的言论凸显了投资者在不确定市场条件下寻求防御性资产的增长趋势。
Additionally, on Monday, significant options activity was observed in First Majestic Silver (NYSE:AG), with a notable bullish sentiment among investors. This activity suggests a heightened interest in silver, possibly anticipating further price increases.
此外，周一，在First Majestic Silver（纽交所:AG）中观察到显著的期权活动，投资者之间看涨情绪显著。这种活动表明投资者对白银的兴趣增加，可能预期价格进一步上涨。
Furthermore, on Wednesday, attention was drawn to a silver breakout amid rising dollar demand linked to election prospects, indicating broader market dynamics influencing silver prices.
此外，周三，关注点集中在白银突破，伴随着与选举前景有关的美元需求上升，表明更广泛的市场动态影响着白银价格。
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