This is exactly what a tightening physical market looks like.
Record Chinese silver imports, rising LBMA lease rates, tightening premiums in Japan, massive SLV options positioning, and COMEX inventories falling back toward pre-tariff levels all point to the same thing: physical silver demand is accelerating globally while the paper market is struggling to keep up.
What makes this even more important is that this demand is increasingly industrial and sovereign-driven — not just retail speculation.
At the same time, copper breaking to new all-time highs above $14,000/ton confirms that the broader commodity cycle is strengthening. Precious metals and industrial metals are now moving together, which historically happens during major inflationary and monetary regime shifts.
The market still largely treats silver as a small speculative trade. That disconnect may not last much longer
That tiny CB, the second oldest on the planet often seemed and seems to be the Guinea Pig for new experiments. Further they tried to push their fake Noble price for "economics" where they always award those who serve the system. At least the comitee stripped them from the Name.
Their Noble Prize is not any more fake than the original ones, just arranged afterwards as best they could I believe.
Many Noble prizes seem to have often been politicized, in later years at least.
I mean who in their right mind could give Obama a peace prize.
They did split the economy prize between Hayek and Myrdal in 1974.
That decision was interesting, actually.
Hayek is hardly a servant of the system.
Now I do agree with Martin Armstrong that "Economics" as it is is not a real science.
Just as Psychiatry is a fake science, IMHO.
Now organizations that have been around for hundreds of years have a tendency to become estranged, sometimes corrupted, from their original purposes and functions.
I would guess that there has been some mission creep at least in the Nobel organisation.
I couldnt agree more. Both to the fact that since quite some time all prices have some political spin and that the tendency to politicize such events is more or less inevitable. Peace price is a laughing stock since decades. True. Hayek was a real outlier I guess they could'nt ignore him. Thanks for your input.
Copper is a monetary metal also, you do have your collection of antique Swedish 10kg. copper plate coins, I assume.
Sweden was the dominant copper producer in northern Europe back when, and decided to try to squeeze out a few extra % from their European customers my monetizing copper.
Didn't work out so well, the rest of Europe just basically ignored the whole thing.
The current stage of decivilization in The Free West is all about chasing money for nuthin', chicks for free, a social disease that could only be solved by an electorate that chooses God, family & nation over self-gratification as their OS; Rejecting the Uniparty would have been a "good" start.
The AI mania is just the latest insane new loss investment vehicle to pump the markets without any real underlying end result.
Too bad, sooo sad, that ship was dismantled, sold to the highest bidder & shipped overseas for parts & scrap.
Decades of systemic fraud, corruption & greed deployed by Crony Capitalism "leaders" have caused too much malinvestment, diversion of "national security" resources et al., morphing the resultant debt Ponzi economy & political landscape into an Ouroboros of the highest order.
Another problem is the inherently cancerous multicultural society rot where any morals, ethics & unity required to build a *new* healthy social norm (burning the old failed system to the water line) is *never* going to happen...
In truth, America's Christian Nation has been slowly transmogrified into a Sadist Panopticon, where even normal relations between men & women of childbearing age have been decimated, seemingly beyond easy repair, *directly* due to an out-of-control media maelstrom that has affected every unenlightened "human" with access to a screen, computer or smart phone.
(Tipper Gore enters the chat)
Hollywood & the internet algorithms et al. have been granted license to despoil, corrupt & poison fragile minds into an abyss of dysfunction, seemingly for 30 pieces of silver, but possibly/notably for insidious war-intel games (Operation Mockingbird et al.)...
Even El Cheeto Supremo is tapping into broadcasting cruel abuse & humiliations into the sociopath-narcissistic feed (24/7/365) "If it bleeds, it leads", "There's no shame, anything goes", abusive & cruel "messages" for likes & ratios while he fights to save the Crony Capitalist Casino from itself; He probably is sooo shallow, sooo indoctrinated that he doesn't even realize he's now just another link in the chain of consuming the formerly United States of America for profit.
Or is it all just part of the Crony Capitalist Uniparty script?
The reality is that the Sadist Panopticon Uniparty is utterly incapable of America First, or even slowing the whirlwind that is taking humanity to the edge of existential crisis, at this point it's balkanization all the way down for The "Free" West.
Then there's The East, who waits in the wings to drink America's milkshake...
This is exactly what a tightening physical market looks like.
Record Chinese silver imports, rising LBMA lease rates, tightening premiums in Japan, massive SLV options positioning, and COMEX inventories falling back toward pre-tariff levels all point to the same thing: physical silver demand is accelerating globally while the paper market is struggling to keep up.
What makes this even more important is that this demand is increasingly industrial and sovereign-driven — not just retail speculation.
At the same time, copper breaking to new all-time highs above $14,000/ton confirms that the broader commodity cycle is strengthening. Precious metals and industrial metals are now moving together, which historically happens during major inflationary and monetary regime shifts.
The market still largely treats silver as a small speculative trade. That disconnect may not last much longer
They could impose copper coins within Sweden, and force everyone to accept them, but that was harder to do with other countries.
Here's the whole financial history of Sweden, straight from the horses mouth.
Any and all possible monetary or financial misstakes and stupidities were it seems pioneered by Sweden back in the 1600:s and 1700:s.
It's all there, yet no-one in any other countries seems to have learned anything.
https://www.riksbank.se/en-gb/about-the-riksbank/history/historical-timeline/
That tiny CB, the second oldest on the planet often seemed and seems to be the Guinea Pig for new experiments. Further they tried to push their fake Noble price for "economics" where they always award those who serve the system. At least the comitee stripped them from the Name.
Their Noble Prize is not any more fake than the original ones, just arranged afterwards as best they could I believe.
Many Noble prizes seem to have often been politicized, in later years at least.
I mean who in their right mind could give Obama a peace prize.
They did split the economy prize between Hayek and Myrdal in 1974.
That decision was interesting, actually.
Hayek is hardly a servant of the system.
Now I do agree with Martin Armstrong that "Economics" as it is is not a real science.
Just as Psychiatry is a fake science, IMHO.
Now organizations that have been around for hundreds of years have a tendency to become estranged, sometimes corrupted, from their original purposes and functions.
I would guess that there has been some mission creep at least in the Nobel organisation.
🎯
I couldnt agree more. Both to the fact that since quite some time all prices have some political spin and that the tendency to politicize such events is more or less inevitable. Peace price is a laughing stock since decades. True. Hayek was a real outlier I guess they could'nt ignore him. Thanks for your input.
Here is a Noble jetong from that year 1974 with Hayek.
A miniature copy of the real Noble Prize.
Hayeks was sold at auction by Sothebys a few years ago.
https://www.tradera.com/item/730814501
Copper is a monetary metal also, you do have your collection of antique Swedish 10kg. copper plate coins, I assume.
Sweden was the dominant copper producer in northern Europe back when, and decided to try to squeeze out a few extra % from their European customers my monetizing copper.
Didn't work out so well, the rest of Europe just basically ignored the whole thing.
As Sam quite often say: setting the currency is a power projection. If the gov says to never use gold, you won't be able to use it. In that country.
Is it appropriate to laugh at people who thought they'd get a Gold Phone for $500?
I heard Apple is going to put AI on the phone, will it be China's AI? I'll give odds -- yes.
Walmsley says China will dominate AI.
https://www.youtube.com/watch?v=ny_3PRz6Zeg
The current stage of decivilization in The Free West is all about chasing money for nuthin', chicks for free, a social disease that could only be solved by an electorate that chooses God, family & nation over self-gratification as their OS; Rejecting the Uniparty would have been a "good" start.
The AI mania is just the latest insane new loss investment vehicle to pump the markets without any real underlying end result.
Too bad, sooo sad, that ship was dismantled, sold to the highest bidder & shipped overseas for parts & scrap.
Decades of systemic fraud, corruption & greed deployed by Crony Capitalism "leaders" have caused too much malinvestment, diversion of "national security" resources et al., morphing the resultant debt Ponzi economy & political landscape into an Ouroboros of the highest order.
Another problem is the inherently cancerous multicultural society rot where any morals, ethics & unity required to build a *new* healthy social norm (burning the old failed system to the water line) is *never* going to happen...
In truth, America's Christian Nation has been slowly transmogrified into a Sadist Panopticon, where even normal relations between men & women of childbearing age have been decimated, seemingly beyond easy repair, *directly* due to an out-of-control media maelstrom that has affected every unenlightened "human" with access to a screen, computer or smart phone.
(Tipper Gore enters the chat)
Hollywood & the internet algorithms et al. have been granted license to despoil, corrupt & poison fragile minds into an abyss of dysfunction, seemingly for 30 pieces of silver, but possibly/notably for insidious war-intel games (Operation Mockingbird et al.)...
Even El Cheeto Supremo is tapping into broadcasting cruel abuse & humiliations into the sociopath-narcissistic feed (24/7/365) "If it bleeds, it leads", "There's no shame, anything goes", abusive & cruel "messages" for likes & ratios while he fights to save the Crony Capitalist Casino from itself; He probably is sooo shallow, sooo indoctrinated that he doesn't even realize he's now just another link in the chain of consuming the formerly United States of America for profit.
Or is it all just part of the Crony Capitalist Uniparty script?
The reality is that the Sadist Panopticon Uniparty is utterly incapable of America First, or even slowing the whirlwind that is taking humanity to the edge of existential crisis, at this point it's balkanization all the way down for The "Free" West.
Then there's The East, who waits in the wings to drink America's milkshake...
Are you not entertained?
https://substack.com/@fijirefugee/p-193974188