Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist, discusses silver's push higher as a historic short squeeze intensified in London. Silver hit the highest in decades, with a fresh surge in prices adding urgency to a worldwide hunt for bullion that could alleviate the mismatch between demand and supply. Spot silver climbed as much as 3.1% to near $52 an ounce, exceeding last week’s peak, while gold surpassed $4,070 an ounce, building on a record-breaking run of eight weekly gains.