Rumours, Silver didn’t crash — leveraged paper longs did.
Physical silver prices stayed elevated, confirmed by the Shanghai premium.
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ChainWatcher
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BREAKING: Silver has crashed 32% in the biggest intraday decline since 1980.
But silver is now trading $38 higher in Shanghai than in US and Western markets.
- Shanghai spot: $122
- US spot: $85
That’s a 44% premium for the same metal.
This is classic “paper” manipulation with COMEX flooded with futures contracts and shorts where paper claims outnumber real metal by 500:1
#CZAMAonBinanceSquare
But silver is now trading $38 higher in Shanghai than in US and Western markets.
- Shanghai spot: $122
- US spot: $85
That’s a 44% premium for the same metal.
This is classic “paper” manipulation with COMEX flooded with futures contracts and shorts where paper claims outnumber real metal by 500:1
#CZAMAonBinanceSquare
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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