Silver Price Watch

[Nugget]

The difference between spot price in the West and in Shanghai has well and truly closed

 

[STKR]

The difference between spot price in the West and in Shanghai has well and truly closed


View attachment 16013

SGE opens in 5 minutes. They haven't been operating due to Chinese new year.

 

[STKR]

Appears to be a delay with SGE but SHFE Futures has jumped up to $99USD

 

[STKR]

Here we go. SGE has been updated

 

[SilverBags]

Pie in the sky charting
If silver breaks above $62.50 and holds and or retests the upside of the line hold onto your hats $200 USD is on the cards.
Trend lines are there to be tested for resistance and support.
10, 20, 30, 40, 50, years from now pie in the sky $2800 usd.
Trade the trade!
SB

P.S. As the bitcoin peeps would say - I'm hodling for silvers big pie in the sky day to the moon baby!


View attachment 15404

Anyone looked at the btc/silver ratio about an 80% fall and we have an M pattern that shows another 75% percent fall is on the cards and so we will get down to around 175 silver ounces to 1 bitcoin. No financail advise but anyone hodling btc should dyor on the charts as it could be a life changing trade for you. I will flip some silver to btc for a long ride - No F.A, but monkey can see and monkey can do!
Silvers on a new journey 6 camps to mount everest up the northern side-
from trumps april traffis lows 2025 we came back and kissed the $62.50 from silvers high and built support at $70 usd and back tested the same trend line at $73 usd, next test is around $92 usd then upto $121.65, and then the climb to pinnacle USD $200 and if you get a beautiful clear day after your long journey you will see BLUE SKY $300 to $500 USD.
P.S. The aussie dollar to the dixy will not be in our favour for the AU Silveroo Stackers.
SB

 

[Nugget]

Wild guess here. I assume the reason no-one is taking advantage of the 10% odd difference between Shanghai spot price and that of the West is the premium / difficulty in sourcing physical silver?