This means silver prices in Shanghai are trading at a +$16 PREMIUM to Western prices.

This is one of the biggest premiums on record.

The physical silver shortage is growing.

Source: Key_Brief_8138

4 Comments

  1. There used to be a guy that built an arbitrage website for US to China metal trades. He was predicting a crash in 2018 and after it didn’t happen he pulled it down. I can’t remember what it was called though.

  2. Hard asset hyperdeflation is unfortunately often associated with global economic collapse and global war. Basically it means trust in the system of commerce for mutual benefit and its associated rules of conduct is gone and what’s left is force and guile. Stuff you can personally defend and/or hide until the turn is over.

    As always, the poor bear the brunt.

  3. I was just watching this.
    Didn’t expect it to spike that high on a Sunday evening…

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