Loading ...The bid for physical Silver is above $36 at the ShanghaiX and below $32 at the futures based COMEX.
Don’t dismiss the importance of true price discovery is that the more they push the price down at the COMEX and LBMA the greater the arbitrage to ship physical East for a premium.
Asian prices thanks to @oriental_ghost
Thats a huge arbitrage …how long can this situation continue ?
Should be a big price surge
“how long can this situation continue ?” Until the Comex is drained of silver, which won’t be much longer!
Sir Kewl2,
I just posted another stunning statistic of this silver mania by the same author @oriental_ghost @ https://goldtadise.com/?p=620919
Cheers,
GL