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


To: bull_dozer who wrote (208641)10/25/2024 9:41:40 AM
From: Pogeu Mahone  Respond to of 217671
 
They do not name the banks and say the whole ball of wax comes to less than $1,500,000,000.



To: bull_dozer who wrote (208641)10/25/2024 11:45:09 AM
From: TobagoJack  Respond to of 217671
 



To: bull_dozer who wrote (208641)10/25/2024 12:08:22 PM
From: TobagoJack  Respond to of 217671
 
Perhaps now we have the answer of why there be 10% on physical silver on the Shanghai Exchange.

Weaponising silver as follow-up to weaponising gold

If so, watch Janet Yellen go to Beijing before Feb 2025 because she likes noodles, making 4 trips within 24 months, “to cooperate to maintain financial stability”

And so explaining why Team Russia decided to make silver a central bank go-to asset alongside gold and Yuan

If so, the boys are playing to hurt



To: bull_dozer who wrote (208641)10/25/2024 12:53:30 PM
From: TobagoJack1 Recommendation

Recommended By
Arran Yuan

  Respond to of 217671
 
Beautiful setup

m.jpost.com

Shanghai Silver Premium Rising

Discover why China's growing demand for silver is driving up prices.Shanghai Silver Premium Rising(photo credit: SHUTTERSTOCK)

The Shanghai silver premium, which measures the price difference between silver traded on the Shanghai exchange and international markets, has experienced a remarkable surge over the past year. This premium has increased from approximately 2% to 13.7%, closely mirroring the significant expansion of photovoltaic production in China during 2024.

Correlation with ETF HoldingsIntriguingly, the rise in the Shanghai silver premium coincides with a decline in silver holdings in exchange-traded funds (ETFs). This inverse relationship suggests that domestic demand in China, potentially driven by factors such as increased industrial use and central bank purchases, is outpacing the supply of silver available through ETFs.

The Shanghai Silver Premium % and Silver Held in ETFs (2019-2024) (credit: PR)Role of Central Banks and State-Owned EnterprisesWhile it remains unclear whether central banks or state-owned enterprises are primarily responsible for draining silver from ETFs and London Bullion Market Association (LBMA) vaults, the distinction may be less significant than the overall trend of rising domestic demand. Both entities could be playing a role in driving up the Shanghai silver premium.

Implications for the Global Silver MarketThe surge in the Shanghai silver premium underscores the growing importance of the Chinese market in shaping global silver dynamics. As China's demand for silver continues to rise, it is likely to exert significant influence on silver prices and availability worldwide.

Key implications include:

  1. Increased price volatility in international silver markets
  2. Potential supply chain disruptions for industries reliant on silver
  3. Shifting investment strategies for silver traders and investors
ConclusionThe dramatic increase in the Shanghai silver premium is a clear indicator of robust domestic demand in China. This trend, coupled with the decline in ETF holdings, suggests that the global silver market is undergoing a significant transformation. As China's role in the silver market continues to evolve, it is essential for investors, analysts, and industry stakeholders to closely monitor these developments and adapt their strategies accordingly.



To: bull_dozer who wrote (208641)10/25/2024 1:34:10 PM
From: bull_dozer  Read Replies (4) | Respond to of 217671