Ladies and Gentlemen, the #silversqueeze.

We’ve been huge fans of silver for years now, so it goes without saying that we were very intrigued by #silversqueeze trending on Twitter over the weekend.

Today during my lunch break I went down to my local coin shop to see what all the fuss was about. The parking lot was full, but there were only a few people in line outside the building. I called the phone number listed on the sign and eventually got to a live voice. She took my name and phone number, and I received a text a few seconds later. I was #37 in line and my estimated wait time was 4.5 hours!

OK, things were getting a bit more real. I went to McDonalds for some lunch, and then went home and jumped on Apmex.com. Silver Eagles were selling for $41 each – a $12 premium over spot!

Ultimately I decided to skip the line at the local shop and buy a few online for an outrageous premium.

If you are wondering if the #silversqueeze is real, it is.

As for the silver miners, we continue to hold Alexco Resource Corp. – its one of our kinetic rockets.

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