Topic: London Metal Exchange

1 chapters across the catalog

China is currently offering a premium price of $103 per ounce for silver, signaling a desperate need for physical delivery and a move to corner the market. Major financial institutions like Bank of America and Citi hold massive short positions that exceed annual global production, creating an "impossible math" scenario. As the COMEX runs out of physical silver, Trump's proposed tariffs on the EU are expected to further disrupt the flow of metals through London.