The Chinese demand for gold and silver is greatly limiting the ability for COMEX and the LBMA to tamp down the price of silver. Silver is in a 4 year deficit and above ground stocks of available silver are shrinking as bars get delivered to manufacturers.

Gone are the days when the bullion banks could literally circlejerk the price back and forth, frustrating the hedge funds and anyone else who wanted to actually invest. Three steps forward, two steps back was the common pattern.

Now we get three steps forward and a pause.
https://x.com/GoldFishCharts/status/1963845103052820560