I do not know who Fen Yen is – nor verify the data – those that have the necessary links could do so and update the comments section – Posted 4 hours ago


Current spot price for silver at the SGE: $83.92 (18.363 CNY/g).

Silver futures price at the SHFE: $89.48 (19,580 CNY/kg).

Note that the current price at the COMEX is $80.47.

Steep contango is due to large imports of silver so there is going to be a huge shortage at the LBMA and COMEX.

https://x.com/feiyen9/status/2052345524108378434