đ¨ THE SILVER RIFT: $100 IS A MIRAGE
âSilver just crossed the triple-digit threshold for the first time in history. But if you think you can buy it for $100, you arenât paying attention to the physical disconnect.
âThat $100 ticker? Thatâs "Paper Silver"âa digital promise. Look at the global physical premiums:
âChina (SGE): ~$135/oz
âJapan (TOCOM): ~$142/oz
âWe are witnessing a 35â40% physical squeeze. The world is running out of the "shiny conductives" faster than the mines can pull them out of the earth.
âWhy the supply floor is collapsing:
âThe AI Tax: Data centers require massive silver-loaded conductivity.
âSolar Dominance: Photovoltaic demand is now cannibalizing annual mine production.
âStrategic Hoarding: China has effectively throttled exports to shore up internal reserves.
âThe "Paper" Trap: Vaults are reporting historic lows, yet paper contracts continue to trade as if supply were infinite.
âThe Macro Reality
âWhile everyone watches the $100 headline, Gold is quietly knocking on the $5,000 door. This isn't a spike; itâs a Commodity Supercycle. Five years ago, $15 silver was the gift of a lifetime. If you missed the 750% move from the bottom, this is your second warning. When a vertical move starts, the market doesn't offer "dips"âit only offers higher entry prices.
âThe play is simple: Build exposure to $XAG before the headlines turn from "concerning" to "euphoric."
âIn a crisis of value, you don't want a promise. You want the metal.
