When traders pay extra just to get silver sooner, that’s not speculation that’s urgency. Pulling 33M ounces in a week looks like people wanting the real metal, not just paper exposure. It feels like confidence in the system is being quietly tested.
Great article on the changed realities of the global silver market!
One additional data point: Legendary gold and silver investor and self-made billionaire Eric Sprott believes that the global silver price finding mechanism will move from COMEX/LBMA to Shanghai.
Eric Sprott recently said in an interview:
✅“The Shanghai’s always been... a delivery market. And of course they’re the largest producer of silver and they’re the largest consumer of silver.”
✅His conclusion on where the price is set is clear: “Asia will determine the price for sure.”
For me, I look at Shanghai, to see where the silver price journey is going. Just my 2 cents.
Thank you so much for the kind words and for taking the time to read and share your thoughts—it's genuinely appreciated!
🇨🇳 China's dual role as top producer and consumer—aligns perfectly with the physical dislocations we're witnessing now. I think the acceleration could happen faster than many expect in 2026, precisely because of the feedback loop that's forming. With China's export licensing now in place domestic stockpiling for solar/EV/semiconductor needs is already pulling supply inward. ☝️ That creates persistent Shanghai premiums , which in turn forces COMEX to play catch-up via higher settlements or backwardation extensions to avoid total decoupling.
This is a compelling way to frame it, Alina! 🙌 What stood out to me is the contrast between paper abstractions and physical constraints. When confidence in promises thins, tangible assets tend to reassert their relevance. Regardless of short-term price action, your piece highlights why silver keeps resurfacing in conversations about trust, scarcity, and real-world demand. Great piece! 🤝
When traders pay extra just to get silver sooner, that’s not speculation that’s urgency. Pulling 33M ounces in a week looks like people wanting the real metal, not just paper exposure. It feels like confidence in the system is being quietly tested.
👍🏻
Great article on the changed realities of the global silver market!
One additional data point: Legendary gold and silver investor and self-made billionaire Eric Sprott believes that the global silver price finding mechanism will move from COMEX/LBMA to Shanghai.
Eric Sprott recently said in an interview:
✅“The Shanghai’s always been... a delivery market. And of course they’re the largest producer of silver and they’re the largest consumer of silver.”
✅His conclusion on where the price is set is clear: “Asia will determine the price for sure.”
For me, I look at Shanghai, to see where the silver price journey is going. Just my 2 cents.
Not investment advice.
Thank you so much for the kind words and for taking the time to read and share your thoughts—it's genuinely appreciated!
🇨🇳 China's dual role as top producer and consumer—aligns perfectly with the physical dislocations we're witnessing now. I think the acceleration could happen faster than many expect in 2026, precisely because of the feedback loop that's forming. With China's export licensing now in place domestic stockpiling for solar/EV/semiconductor needs is already pulling supply inward. ☝️ That creates persistent Shanghai premiums , which in turn forces COMEX to play catch-up via higher settlements or backwardation extensions to avoid total decoupling.
This is a compelling way to frame it, Alina! 🙌 What stood out to me is the contrast between paper abstractions and physical constraints. When confidence in promises thins, tangible assets tend to reassert their relevance. Regardless of short-term price action, your piece highlights why silver keeps resurfacing in conversations about trust, scarcity, and real-world demand. Great piece! 🤝
Thank you Jessica! 🤍
Silver has likely had a top.
Thank you! 😊 Your thoughts are always great !