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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (206129)6/14/2024 1:28:55 AM
From: TobagoJack  Respond to of 217857
 
By direct access of Shanghai data sge.com.cn
, the China silver premium over global spot persists as industrial use of silver requires delivery, and at the same time below also true

I understand that markets can remain irrational longer than I can stand it, but had, we are so fortunate …

I want to see the FF perps punished, and hard, and side ways




To: bull_dozer who wrote (206129)6/15/2024 7:02:49 PM
From: TobagoJack  Respond to of 217857
 
Am wondering whether China + Middle East can best Hunt Brothers and some Saudi Arabian princes to squeeze energy into silver Message 34702118

Am guessing maybe perhaps possibly might




To: bull_dozer who wrote (206129)6/16/2024 7:37:39 PM
From: bull_dozer  Read Replies (4) | Respond to of 217857
 
>> THE F*CKING F*CKS

Silver Liquidity on the Shanghai Futures Exchange May Soon Be Limited Leading to a Quantum Price Level Transition for Silver

The SFE May Be the Last Source of Highly Liquid Vaulted Physical Silver for the Market

In the 4 trading days to June 13, 2024, the SFE saw its silver vault holdings drop by 56 tonnes from 755 tonnes to 699 tonnes translating to a 7.4% decline.

A continued weekly drop in SFE silver inventory tonnage of this scale going forward will soon alert the market to the rapid move to secure silver bars due to the continuing market deficit.

At that point there is the potential for both disorderly market pricing and disorderly market delivery of silver as the parties who have sold leveraged claims on silver into the London spot market are revealed and price discovery flips over to a physical metal supply vs demand balance.

As such, Western bullion banks may seek, or may currently be seeking, to secure further silver in Shanghai which can be used in swaps against London or NY silver for quick delivery to market.

This may explain why the SGE highlights visits from these bullion banks noting they are seeking ‘cooperation’.

If the SFE silver inventory is further drawn-down on pace, another source of silver will soon be needed - or the City of London’s promissory note cash market for silver will see interesting times.


jensendavid.substack.com