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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (49822)10/13/2025 11:11:23 AM
From: SliderOnTheBlack2 Recommendations

Recommended By
Roads End
roguedolphin

   of 49953
 
Physical Silver hits $59 on SGE/SFE Chinese Exchange...

Deliverable physical silver (not LBMA/COMEX paper) hits $59 on Shanghai Gold Exchange:

SOTB

PS: US refiners have quit accepting anything other than .999 silver.

Refusing to accept or process junk silver coins, silverware, tea sets,
or odd weight bullion bars etc.

Local dealer pricing now based on COMEX futures, not spot.

The question is how much and how soon, this backlog is refined
into .999 silver bars and resupplies the exchanges.

Junk silver coins can now be had below spot if you want to still buy at these levels.

Refiners are melting junk silver because of the massive glut of physical
silver being sold all across the US.

Simply put, the silver python is now trying to digest a very large pig.

Plan and prepare accordingly in the near term, but it should be a mere speed bump long term.

Must watch:



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