"West literally selling the family silver."
SM: The price of Silver you see on your screen is a lie. While the COMEX in New York quotes Silver at $79, the Shanghai Gold Exchange is trading physical metal at $90. This arbitrage gap is draining Western vaults at record speed.
In this episode, we investigate how traders are buying "cheap" paper silver in the West, taking physical delivery, and flying it to the East to sell for a risk-free profit. This is a bank run in slow motion, and it ends with the collapse of the paper pricing mechanism.
The West trades paper. The East buys metal. Guess who wins?
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