This is my Silver spot chart- there's a massive potential
channel (the bottom of the channel began in Q1/2024 where arguably
this whole run started) and goes up to around the $72 level--my
charts often times aren't drawn in a classical TA sense (I ignored
the April tariff flush) but since in this case that flag pole
measures to $70-$72, the channel makes sense because that's where
it converges (even though it has not been confirmed--not enough
touches on the upside).
that's interesting. Must be their own pricing,
silver futures are up 3.25 to 74.7 to 75 depending how many months
you go out on the futures, nothing is $80
Silver futures on SHFE Shanghai Futures Exchange is on
TradingView using symbol AG1! - it is priced in Kilos so 18,433 /
32.1507 = 573.33 renminbi per oz, which is $81.82 USD per oz
of Silver. Crazy. And the futures contracts on the SHFE
are built to serve Chinese industry (physical delivery is normal)
whereas the COMEX futures are more for
rolling/hedges/speculation.
It's not something that I follow regularly, but AFAIK silver,
and to a lesser extent gold, has been trading at a premium in
Shanghai already for a while.
thanks EricK! you are on it! crazy what is
happening. I know you will continue to keep us all updated.
I like how you are hyper focused on the macro and these
other developments!
Silver and China. On X (Twitter) we've been reading for
years about how metals have been flowing from the West to Asia and
how China has been gobbling up silver lately (and India)...there's
also that export restriction/ban that supposed to take place on
Jan. 1. And with the Shanghai Gold Exchange now the largest
precious metals exchange in the world by physical gold volume (I
Just checked ChatGPT), China is dictating the price of silver also.
And maybe they are buying as much silver as possible from the
LBMA/CME/other places to hoard silver now and lock in the price now
that the US banks are no longer suppressing the price and silver
finally broke the $50 boogeyman level. But I have to think
that China doesn't want silver to rise THAT fast because silver
(unlike gold) is an important input cost into solar panels,
electronic equipment, and things that they manufacture. No
one would really mind the Gold price going up because Gold is not
really used as an input in manufacturing things, and that is why
Gold is a perfect neutral reserve asset for the financial reset of
global sovereign debt (similar to Bitcoin). But then again
maybe Silver really still is the cheapest asset on earth if you
zoom out 45 years.
CBOE Silver ETF Volatility index hitting the same level as
10/16/25 the last Silver took a breather, not sure if this level is
significant but it's interesting.
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Silver spot flag pole
Posted by EricK on 9th of Dec 2025 at 11:01 am
Silver not going down and breaking out- the flag pole pattern measures to $70-$72
Watching that $72 level on
Posted by EricK on 22nd of Dec 2025 at 09:18 am
Watching that $72 level on Silver, for me personally.
This is my Silver spot
Posted by EricK on 22nd of Dec 2025 at 01:15 pm
This is my Silver spot chart- there's a massive potential channel (the bottom of the channel began in Q1/2024 where arguably this whole run started) and goes up to around the $72 level--my charts often times aren't drawn in a classical TA sense (I ignored the April tariff flush) but since in this case that flag pole measures to $70-$72, the channel makes sense because that's where it converges (even though it has not been confirmed--not enough touches on the upside).
Silver hit my target of
Posted by EricK on 24th of Dec 2025 at 09:54 am
Silver hit my target of $70-$72 and we will see if this channel holds. Personally I sold some silver just now.
Silver breaking everything tonight wow,
Posted by EricK on 25th of Dec 2025 at 08:16 pm
Silver breaking everything tonight wow, $80 in China
that's interesting. Must be their
Posted by matt on 26th of Dec 2025 at 12:06 am
that's interesting. Must be their own pricing, silver futures are up 3.25 to 74.7 to 75 depending how many months you go out on the futures, nothing is $80
Silver futures on SHFE Shanghai
Posted by EricK on 26th of Dec 2025 at 01:08 am
Silver futures on SHFE Shanghai Futures Exchange is on TradingView using symbol AG1! - it is priced in Kilos so 18,433 / 32.1507 = 573.33 renminbi per oz, which is $81.82 USD per oz of Silver. Crazy. And the futures contracts on the SHFE are built to serve Chinese industry (physical delivery is normal) whereas the COMEX futures are more for rolling/hedges/speculation.
Silver in China is still
Posted by EricK on 27th of Dec 2025 at 01:53 pm
Silver in China is still $85. You can input AG1!/USDCNY/32.15 into Trading View to get the price in dollars.
It's not something that I
Posted by joss22 on 26th of Dec 2025 at 06:46 am
It's not something that I follow regularly, but AFAIK silver, and to a lesser extent gold, has been trading at a premium in Shanghai already for a while.
thanks EricK! you are on
Posted by matt on 26th of Dec 2025 at 01:20 am
thanks EricK! you are on it! crazy what is happening. I know you will continue to keep us all updated. I like how you are hyper focused on the macro and these other developments!
wonder what US market will
Posted by Soldtoosoon on 25th of Dec 2025 at 10:31 pm
wonder what US market will look like tomorrow?
hard to say - I
Posted by matt on 26th of Dec 2025 at 12:04 am
hard to say - I can see a small H&S on a 10 min ES futures.
the market has also been up 5 consec days, so it probably need at least a day's rest
honestly sucks that Friday is a full trading day. -
Silver and China. On X
Posted by EricK on 25th of Dec 2025 at 10:53 pm
Silver and China. On X (Twitter) we've been reading for years about how metals have been flowing from the West to Asia and how China has been gobbling up silver lately (and India)...there's also that export restriction/ban that supposed to take place on Jan. 1. And with the Shanghai Gold Exchange now the largest precious metals exchange in the world by physical gold volume (I Just checked ChatGPT), China is dictating the price of silver also. And maybe they are buying as much silver as possible from the LBMA/CME/other places to hoard silver now and lock in the price now that the US banks are no longer suppressing the price and silver finally broke the $50 boogeyman level. But I have to think that China doesn't want silver to rise THAT fast because silver (unlike gold) is an important input cost into solar panels, electronic equipment, and things that they manufacture. No one would really mind the Gold price going up because Gold is not really used as an input in manufacturing things, and that is why Gold is a perfect neutral reserve asset for the financial reset of global sovereign debt (similar to Bitcoin). But then again maybe Silver really still is the cheapest asset on earth if you zoom out 45 years.
CBOE Silver ETF Volatility index
Posted by EricK on 24th of Dec 2025 at 10:07 am
CBOE Silver ETF Volatility index hitting the same level as 10/16/25 the last Silver took a breather, not sure if this level is significant but it's interesting.