>>60886562
>attempted tamp
>They gave it their best shot
They were successful in keeping it below $41. (tamped at $40.96) The tamp isn't for controlling the long term price, the tamp is for killing momentum and keeping silver boring/uninteresting for the hedge funds and dumb money for as long as possible.

The tamp cannot control the long term price, but can delay the eventual bull run. They've literally been running this same playbook for decades.

The big issue is, China is now paying over $42/oz so you have a net flow from west to east. You can fit 200k oz of silver in one shipping container and it costs less than $50k for shipping + insurance to ship a container of silver to China, netting $150k in profit on a ONE DOLLAR delta.

They CANNOT allow the delta between LBMA/COMEX and SGE/SHFE to go much above $2.00 or silver will quickly and completely drain out of the western vaults.