Life on easy mode

My waffen needs more

Clive Thompson,  on one of his walks in Crans-Montana Switzerland,  explains the recent price arbitrage between Shanghai Silver spot price and the LBMA/Comex Silver spot price.

TL;DR  China needs physical Silver to manufacture stuff to sell back to the West;  but they are a net importer of Silver and most other commodities,  so they typically pay a premium above Western spot price in order to attract shipments of physical Silver to keep their industry going.

The real wildcard is whether the significant rise in price arbitrage between east and west is caused by a true physical shortage,  or if it is strategic hoarding by various nation-states using intermediaries to disguise their activity.

*bonus:  Clive explains how to get the Shanghai spot price premium on TradingView @ 7:11

t.me/SilverStackersSS

Merry Christmas to me!

This is my stack as of christmas eve, my most prized possession is the low serialized rhodesia round

Merry Christmas everyone!

Silver just went over $76, up 6% on the day as the White Metal steps on the gas.

This revaluation is just getting started, the retail crowd has yet to enter the trade, normies are selling their Silver at local shops thinking they picked the top... but fiat currency is trash, and what other asset would you rather be holding after all these years and watching Silver finally take-off like a rocket?

Keep your foot on the gas, keep Stacking, we're going to crash the banks.

t.me/SilverStackersSS