Why silver costs $8 more in Shanghai - kitco.com
Source: kitco.com
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DW NOTE
Shanghai's $8 silver premium reflects the same phenomenon as its recent $100 gold premium: capital flight dressed up as arbitrage. When you trap savings in a currency no one trusts, people buy whatever metal they can find at whatever price is quoted. The premium isn't a measure of scarcity — it's a measure of desperation.
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