Post by
BaldSilverHead on Oct 23, 2024 1:39pm
Shanghai shenanigans
Shanghai Metal Exchange Silver price closed at $36.46 today. The Western Cartel increased its short driven price from its previous sweet spot of 6% premium for Shanghai to almost 8% currently. So they either help some bank shorts and drain the LBMA or save the LBMA inventory and hurt the bank shorts. My heart goes out to their predicament.....NOT!