Opinion by Mathew Carr (*This article was hacked around 2pm London time Monday. I restored it)
Dec. 27-29, 2025 — Very weird stuff going down in the silver markets as prices surge. Beware.
Big banks might be behind market rigging as they realise there might not be enough physical silver around to meet contract-delivery needs.
“70 percent of silver comes as byproduct from copper lead zinc and gold mining. Price signals cannot summon supply that does not exist. Primary silver mines are 28 percent of output and take 10 to 15 years from discovery to production,” says Shanaka Abakan Perera, below.
CME news
Start of a new banking crisis? Just asking
$17 billion is symbolically Q
See this (it seems shrill, but is it?)
In repo operations, banks borrow cash from the Fed overnight by “pawning” securities (“temporarily” handing them to the Fed) as collateral—here, mostly mortgage-backed securities (MBS).
This means banks are using housing-related assets instead of Treasuries, possibly to preserve higher-quality holdings amid liquidity needs.
Implications?: Signals potential stress in mortgage markets or cash shortages, as MBS are riskier and less liquid than Treasuries.
It could foreshadow broader banking strains if sustained.
Silver’s surge (to ~$79/oz on COMEX) stems from industrial demand, supply shortages, and investor buying.
It impacts mining stocks, electronics/solar industries, and signals inflation hedges, potentially pressuring paper markets and shifting trade East.
Perhaps a scam?
Bank of America
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