Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

East Meets West: Silver Spike Shatters Records—$59 on JD.com, London Lease Rate Explodes to 19%.
Silver Academy ^ | 9 Oct 25 | Silver Academy

Posted on 10/11/2025 2:39:56 PM PDT by delta7

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-44 last
To: delta7

Thank you


41 posted on 10/12/2025 8:47:13 AM PDT by JonPreston ( ✌ ☮️ )
[ Post Reply | Private Reply | To 40 | View Replies]

To: chud

there is apparently a shortage of nitric acid
———————-
Makes sense, many sources are speaking of the refiners “ difficulty “ in manufacturing good delivery bars.


42 posted on 10/12/2025 10:55:16 AM PDT by delta7
[ Post Reply | Private Reply | To 39 | View Replies]

To: JonPreston

you’re saying there is an actual physical delivery of 1000 oz silver bars to contract holders at settlement?
—————-
Yes, by regulations….to be delivered in that form for those taking delivery ( the shorting bullion banks always take cash settlement). So we can see why the panic, far to many Comex participants are demanding physical settlement, which the Comex does not have.

The western LBMA has a few times bailed them out flying Silver bars over to Comex wharehouses, and vice versa. They are scrambling to get 1,000 oz good delivery bars which is overloading the good delivery bar manufacturers.

Take away? The rotten US Comex and LBMA WILL at some time default on physical, hopefully taking some corrupted major US banks down ( like Bear Stearns)….no tears for their decades of manipulation.


43 posted on 10/12/2025 11:08:01 AM PDT by delta7
[ Post Reply | Private Reply | To 38 | View Replies]

To: delta7

“I will add, we can now expect huge PM price swings to the upside, overnight, especially during delivery days. I fully expect $20, $30 dollar daily Silver price increases. “

LOL!

About as credible as your prediction gold would hit $5,000 in 2015!


44 posted on 10/12/2025 11:34:30 AM PDT by TexasGator (The 750 hp Florida Gnat)
[ Post Reply | Private Reply | To 36 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-44 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson