15% Arbitrage. Silver futures up to $34.38 in Shanghai.

• Daily Report June 21st, 2024

• $34.14 Silver Price Shanghai SGE/SFE

• In the West the Silver Spot Price is 29.76

• Representing a 15% spread (Arbitrage play)

Now look at the paper to physical silver ratio (Comex)

• The total silver volume was 173,343 contracts traded yesterday.

• This is a total of 865 million paper ounces traded in one day.

• This is more than yearly world production in one day.

Other Events

• Thailand has applied to join BRICS

• Russia is making friends with all the countries US has alienated

• U.S. MAY EXISTING HOME SALES FALL -0.7%% TO 4.11 MILLION; EST. 4.08M; PREV. 4.14M

• Summer is always hot for housing but instead it's getting cold.

• Just wait until fall and winter!

• Appears to be trending towards a CRASH

Buy the Dip (Kuya Silver, Outcrop Silver, Dolly Varden Silver)