from Asian Guy:

SILVER IS $100 in CHINA! – THE MARKET BROKE: Why There Is A $25 GAP Between US and China

Stop looking at the spot price on your phone. While the paper market in New York is trading at $74.59, the physical reality in China has completely disconnected. We are receiving confirmed reports that the street price for physical silver in Shanghai has hit $100 per ounce. This massive $25 arbitrage gap is acting like a vacuum, sucking every available ounce of metal out of Western vaults and sending it East. In this emergency investigation, we expose the broken market mechanics driving this historic divergence. We explain why the COMEX spot price has become a “broken thermometer” and why the “Real Price” is being set by desperate industrial buyers in Asia who are switching from “Just-In-Time” inventory to “Just-In-Case” hoarding. We analyze the “Dealer Freeze” in the US, where premiums are exploding because shops cannot restock inventory fast enough to meet demand.