What are the odds of the SGE becoming just another LBMA/COMEX? Too many western banks turning up to have very quiet "talks" behind closed doors. If the SGE is now the price setter of the metals, how come we are still seeing the "manipulators" at play
We are about to find out. Probably try to settle with cash. It will be interesting to see if that is possible in the London cash market. If the shorts were on the COMEX, the COMEX rules allow forced cash settlement by directive from COMEX Directors. Probably not possible for London spot.
And how do you know the short silver BBs have not laid off/hedged their position via OTC derivative contracts? The real question is who has the ultimate, not obvious, exposure? A tight supply rising silver market was starkly obvious several years ago, especially w Hunter's father "election."
🤣Do you really believe jpm hsbc ba are surprised & caught $ billions upside-down on the world's most telegraphed commodity imbalance since electrification and solar became a thing?
The proper and ethical disclosure is to credit the individual posting shanghai pm data daily. Have you verified that data prior to posting it as your own "research?"
What are the odds of the SGE becoming just another LBMA/COMEX? Too many western banks turning up to have very quiet "talks" behind closed doors. If the SGE is now the price setter of the metals, how come we are still seeing the "manipulators" at play
Getting interesting, I wonder how they will deal with all the conflicting paper representations/claims of the physical silver. A very large bonfire?
We are about to find out. Probably try to settle with cash. It will be interesting to see if that is possible in the London cash market. If the shorts were on the COMEX, the COMEX rules allow forced cash settlement by directive from COMEX Directors. Probably not possible for London spot.
Thank you. Since my note, I heard you on interview, w vince or similar. Im continuing to follow you.
Glta
And how do you know the short silver BBs have not laid off/hedged their position via OTC derivative contracts? The real question is who has the ultimate, not obvious, exposure? A tight supply rising silver market was starkly obvious several years ago, especially w Hunter's father "election."
🤣Do you really believe jpm hsbc ba are surprised & caught $ billions upside-down on the world's most telegraphed commodity imbalance since electrification and solar became a thing?
The proper and ethical disclosure is to credit the individual posting shanghai pm data daily. Have you verified that data prior to posting it as your own "research?"
search the word 'source' in the article above.
yes have compared.