I thought you guys would have been all over this, you seem to know everything else...?!
The Shanghai Silver price launched to almost $29usd equivalent following massive buying over the long weekend while most western markets were closed. This has exposed just how much our western governments are trying to cap the precious metals prices.
Basically, there is a $4usd differential right now between US silver pricing and Chinese silver pricing, which is following the demand of those in BRICS nations buying a ton of precious metals at the moment. That US silver price is going to have to catch up at some point and we are seeing early signs of this playing out.
Go Silver go for Gold, page-276
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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $25.07M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 12.5¢ | $148.0K | 1.106M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 160482 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 50000 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
-0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 14.0¢ | 14.0¢ | 12.5¢ | 889347 | ||
| Last updated 15.56pm 22/05/2024 ? | |||||
| BML (ASX) Chart |