Doug G
28 posts


@BrianKuszmar Bain isn’t based in China. If anything, this could be a play by the West to break/delegitimize the SGE while also hurting Chinese industry through ultimately explosive pricing. The U.S. is talking about price floors. What if they can naturally get them by wrecking the exchange?
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Why wouldn't Chinese officials and Chinese industry want silver cheaper?
It's a straightforward question when you consider their dominance in key sectors like solar, electronics, and more. China is the world's largest industrial consumer of silver, with demand heavily driven by photovoltaic (PV) solar panel production and electronic manufacturing. In solar alone, silver paste is essential for cell metallization, and China produces over 80% of global solar panels, consuming an estimated 98 million ounces annually for PV modules. This reliance makes the country highly sensitive to price fluctuations, as silver now accounts for up to 30% of total cell production costs and 15-17% of overall module expenses.
Solar, electronics, etc., all thrive on affordable inputs to maintain China's competitive edge in global exports. High silver prices force manufacturers to rethink core technologies, take Longi, a major Chinese player, which is shifting to copper-based metallization for its cells starting in Q2 2026, explicitly due to soaring silver costs that hit a record $83.62 per ounce in late 2025. Other firms are exploring aluminum or silver-coated copper alternatives, but these transitions aren't seamless; they require R&D investment and could compromise efficiency or reliability if not executed perfectly. Meanwhile, the electronics sector, including components for tablets, automotive ECUs, and solar inverters, guzzles another 195 million ounces yearly in China, where even small price hikes ripple through supply chains.
$100+ silver is NOT helpful to Chinese manufacturing, t's a direct threat to profitability and market share. With silver prices surging 249% over the past year, driven by industrial demand from EVs, AI, and renewables, Chinese solar firms are already passing on costs via price hikes of 5-15% for panels, potentially eroding their dominance amid global trade tensions.
If prices stay elevated or climb further, it could slow PV installation growth, inflate end-user costs for clean energy tech, and pressure margins in an industry already facing overcapacity. Beijing's recent export restrictions on silver, effective January 1, 2026, underscore this: by designating silver as a strategic resource akin to rare earths and requiring licenses for exports (limiting them to approved firms with high production thresholds), the government is prioritizing domestic supply security to shield manufacturers from global volatility. This move effectively gives China structural influence over global silver prices, potentially suppressing them by controlling 60-70% of refined supply outflows.
Imho, the billionaire short position has been approved by the state—or at least aligns perfectly with national interests. Look at Bian Ximing, the Chinese trader who built a reputation riding gold's rally to pocket nearly $3 billion since 2022. He's now flipped to hold the Shanghai Futures Exchange's largest net short on silver, equivalent to about 450 tons (30,000 contracts), racking up $288 million in paper gains as prices slid recently. This isn't some rogue bet; in a tightly regulated market like China's, where the government halts fund trading during speculative frenzies (as seen with silver and oil funds amid 36% premiums), such a massive position—especially from a low-profile billionaire operating through state-linked futures firms—suggests tacit endorsement. t serves to counteract upward price pressure, ensuring cheaper silver for strategic industries while Beijing stockpiles reserves and wields export controls as economic leverage. In essence, this orchestrated short could be part of a broader playbook to keep silver accessible and affordable, bolstering China's manufacturing powerhouse status against Western tariffs and supply chain disruptions.
Brian Kuszmar
Dealer Since 1977
Commercial Rare Coins & Precious Metals
219 Commercial Blvd, Lbts, Fl.
954-776-COIN M-F 10am-4pm
Data, Image and spellcheck by Grok

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It's already been an eventful day on the XRPL! Permissioned Domains went live and Permissioned DEX reached the activation period!
Let's bring regulated, secure, institutional volume to the XRP Ledger 😤💪
Vet@Vet_X0
XRP Ledger Permissioned DEX is now in activation too! 28 Yes votes - we are cruising. With this amendment enabled in 2 weeks we have a fully compliance enabled DEX allowing to facilitate institutional transactions on XRP. Major Milestone folks. Major.
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Correction on TradingView ticker 👇
AG1 on TradingView refers to June expiry, not the front month.
Due to persistent backwardation in China, the June contract is trading ~$8 lower than Feb.
Feb expiry: $119.30
June (AG1 / TradingView): ~ $111.7
TradingView ticker for Feb expiry: AGG2026

Macro Liquidity by Sunil Reddy@Macrobysunil
SHFE silver dumps to $111. A $12.3 premium to COMEX
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@ChuckyOrwell @dgt10011 This is what they need to start realizing
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@KingKong9888 You’re doing an excellent job filling in for @oriental_ghost 👍🏻👍🏻
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@MakeGoldGreat Yeah…I don’t know where you’re located but we can pretty much do this at a LCS in the U.S.
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IF YOU WANT TO TELL YOUR LOCAL BULLION DEALER A JOKE:
MENTION LBMA’S #SILVER PRICE AND ASK IF YOU CAN BUY SOME SILVER AT THAT RATE.
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Upon closer look, you're right— that doesn't match the Rotex-V's glass-breaker end. It appears to be a HUXWRX FLOW 556 Ti suppressor, with its 3D-printed titanium body, black Cerakote finish, and distinctive GeoFlash vented end cap for flash reduction. Great for 5.56 rifles like the HK MR556.
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@grok @HecklerAndKoch Try again. That looks nothing like a Rotex-V.
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@DFreshPSU409 @HecklerAndKoch That appears to be a B&T Rotex-V suppressor, often paired with Heckler & Koch rifles like the HK416. It features quick-detach mounting and is designed for 5.56mm calibers.
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@BankerWeimar Blockchain technology is real and will be useful to society. Bitcoin, however, isn’t real blockchain (minimal transactions per second; giant fees) and is destined to die. Not only does it not have a use case, but we can’t support its massive energy usage as we build out AI.
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So much stuff is now “pre-sale” on online bullion sellers… spreads widening.
#Silver is selling out
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@WorldofOutlaws @ToyotaRacing @KyleLarsonRacin @Rico_Abreu @TyCourtney7BC @DannySamsIII1 @MichaelKofoid @Tanner_Thorson @carson_macedo @bradsweetracing 5 out of 8 for the High Limit crew. It’s a damn shame these guys don’t all race together more often.
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The redraw is complete!
@ToyotaRacing Dash lineup👇
@KyleLarsonRacin — @Rico_Abreu
@TyCourtney7BC — @DannySamsIII1
@MichaelKofoid — @Tanner_Thorson
@carson_macedo — @bradsweetracing
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@EndTribalism What a retard. It’s called masking. It’s easy to spot adult neurodivergents if you have any clue what you’re looking at.
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RFK Jr: “If the autism epidemic is because of better diagnostic criteria why are we not seeing it in older people?”
“Why is this only happening in young people?”
“Have you ever seen anybody our age with full blown autism.”
“Where are these people walking around the mall?”
“They're not in homes. There are no homes for them. There are no institutions for them.”
“Anybody can look around and see that this is a canard.”
“This is coming from an environmental toxin.”
“Somebody made a profit by putting that environmental toxin into our air, our water, our medicines, our food.”
“Within three weeks we're gonna announce a series of new studies to identify precisely what the environmental toxins are that are causing this.”
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@Rippler_Effec7 @panosmek If they’re not holding XRP on their balance sheet, who exactly is holding XRP?
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@panosmek As in, they have no intention of using XRP?
I hope you have more than those three images to back that up.
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@BankerWeimar Private credit does not fit neatly into a regulated banking model. In fact, private credit was created to take on excess risk that banks couldn’t, away from any form of government oversight. They can’t come crawling back when shit inevitably hits the fan.
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