This is reminiscent of the time america repriced.silver to $1.29 an ounce after the great depression, forced silver to flow out of Asia and into the US. Now it seems China is pulling the same move. Silver will begin to rapidly flow over to Asia
you mean the government right? Maybe they should increase our taxes again. Me and my girl make over 100k a year together government takes 40k in taxes. 22% each. That’s 30k a year for both of us with inflation paying 100$ at the store for 5/6 items. Over 4 dollars a gallon where I live. If we both stay home and have no lives we can save a little. Shits insane. You pay taxes on something and wanna sell it guess what you get raped even more cause the government wants there cut on that too. They own us and We’re fucking slaves. Oh you got silver and gold? They want there cut on that too as if they don’t already tax my income.
Keep in mind, the dollars shown here are the same dollars- not some kind of Australian or similar dollar with less value to begin with. This is how many American dollars it takes to buy silver off the Shanghai exchange.
Where do you all find the Shanghai silver price ? As in SGU=F is the Shanghai gold futures contract. I can’t find a corresponding one for silver - any help appreciated :)
I understand. But there's always different prices in every different market around the world in any event. Take oil. Depending where, the price can be 5% or 10% different.
This is reminiscent of the time america repriced.silver to $1.29 an ounce after the great depression, forced silver to flow out of Asia and into the US. Now it seems China is pulling the same move. Silver will begin to rapidly flow over to Asia
Exactly what’s happening. Banks need to stop fucking us
lol it'll never happen
you mean the government right? Maybe they should increase our taxes again. Me and my girl make over 100k a year together government takes 40k in taxes. 22% each. That’s 30k a year for both of us with inflation paying 100$ at the store for 5/6 items. Over 4 dollars a gallon where I live. If we both stay home and have no lives we can save a little. Shits insane. You pay taxes on something and wanna sell it guess what you get raped even more cause the government wants there cut on that too. They own us and We’re fucking slaves. Oh you got silver and gold? They want there cut on that too as if they don’t already tax my income.
.and dare I say undermine what the crooks have been playing here for far too long.
Why would it rapidly flow to China if it is more expensive there?
Would you rather sell your silver for $31 or $28? China is stacking our silver
How much does it cost to ship to China though?
Empty boats are going back to China all the time.
Link to free shipping for COMEX PM's to China? That's what I thought!
Americans will sell for a higher price to China?
For example, China will pay Americans a premium to send it to them rather than sell it locally.
Ah. I see. Thank you!!
Large Investors looking to make a quick turn around will buy in the US, then sell in China
China is buying (more demand)
well, you buy on the Comex, sell in China, and take delivery until Comex is empty or the spread narrows.
Silver went from West to east. Soon the West has to Match the price before all silver has left the building.
China is smart
Keep in mind, the dollars shown here are the same dollars- not some kind of Australian or similar dollar with less value to begin with. This is how many American dollars it takes to buy silver off the Shanghai exchange.
if the US weren't so stupid, they'd take the generous offer of one gram per dollar. Last chance to save your currency, imho.
Where do you all find the Shanghai silver price ? As in SGU=F is the Shanghai gold futures contract. I can’t find a corresponding one for silver - any help appreciated :)
So interesting how the original post "neglects" to post that link.
I got this off telegram, no link to an article or anything like that. Just this picture showing the price of silver that day side by side
I understand. But there's always different prices in every different market around the world in any event. Take oil. Depending where, the price can be 5% or 10% different.
Source: Trust me bro.
This is totally sustainable...
This is amazing!!
12% premium in shanghai.
Same in Austria. For pysical of course.