Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 👀 China’s Silver Appetite Is Reshaping Global Supply Chains❗️
Transcript
- 0:00The Chinese are literally, literally draining the physical
- 0:04silver from the West to the East.
- 0:07And the key thing to look at here and what they're, what
- 0:10they're illustrating for us is that in China, the silver price
- 0:15on a physical level right at the Shanghai Gold Exchange is
- 0:19typically way higher than the United States.
- 0:22So in China, they're paying $35 on their massive metals
- 0:27exchange, the the Shanghai Gold Exchange, which is a physical
- 0:30market way different than the COMEX and the LBMA, OK, $35,
- 0:37where in the West the price is always so, so much lower.