Comment by unsupp0rted
Comment by unsupp0rted a day ago
Indeed. There’s a large delta between paper silver and Shanghai physical silver prices right now.
Comment by unsupp0rted a day ago
Indeed. There’s a large delta between paper silver and Shanghai physical silver prices right now.
China only has one silver fund (SLV equivalent), and it stopped creating new shares. So the existing shares trade at a large premium to the value of the underlying metal. Is that the "Shanghai physical" price you're talking about?