cryptopulse9

🔥On December 24, 2025, the physical silver price on the Shanghai Gold Exchange (SGE) closed at $78.49 per ounce, as PHYSICAL silver premiums over the COMEX silver futures prices exploded to over $8/oz!

This widening gap between Asia's primary physical delivery market and the Western paper futures benchmark highlights growing strains in global silver supply chains.

The SGE, through contracts like Ag(T+D), facilitates direct physical trading and delivery, making its benchmark a closer reflection of immediate physical demand—particularly in China, the world's largest consumer of silver for industrial uses such as solar panels, electronics, and electric vehicles.

In contrast, COMEX futures are predominantly paper contracts, often settled in cash or via exchange-for-physical (EFP) mechanisms that can delay or divert actual metal delivery.

An $8+ premium in Shanghai indicates robust buying interest for deliverable physical #silver in Asia, outpacing the willingness of sellers to supply at COMEX-aligned prices.

This divergence often emerges during periods of physical tightness, where importers and industrial users in China bid aggressively to secure metal amid import restrictions, vault outflows, or surging domestic demand.

Recent reports have noted sharp drawdowns in Shanghai vaults and elevated premiums persisting even in volatile markets, driven by structural deficits and geopolitical hedging.
#CryptoPulse9

Quindi il Pentagono ha rilasciato il suo ultimo rapporto dicendo che l'accumulo militare "storico" della Cina ha reso gli Stati Uniti "sempre più vulnerabili". Poi, in modo difensivo, aggiunge questo commento:

“Non cerchiamo di strangolare, dominare o umiliare la Cina.”

Quella frase da sola ti dice molto. Perché se Washington non stesse davvero cercando di contenere la Cina, non avrebbe bisogno di continuare a insistere che non lo sta facendo. Non rassicuri qualcuno che non lo stai umiliando mentre lo circondi con basi, alleanze, sanzioni, divieti tecnologici e esercitazioni militari.

Mentre l'Occidente respinge il ruolo monetario dell'oro, la Russia ha costruito un sistema di commercio digitale completamente operativo e garantito in oro che elude SWIFT, banche e supervisione occidentale.

COME FUNZIONA: IL MECCANISMO SEMPLICE
➡️ Un esportatore russo emette un Attivo Finanziario Digitale (DFA)—un token garantito 1:1 da oro fisico detenuto in custodia.
✅ Questo token garantito in oro è trasferito a una controparte estera (ad esempio, in Iran, India, Cina) come pagamento per beni.
✅ Il destinatario può quindi:
1) Riscuotere in oro fisico,

Some investors believe recent US economic data may be presenting an overly optimistic picture.

If true, this could matter for markets. Here’s why ⬇️

Over the past week, two major US data points were released:
• CPI inflation
• US Q3 GDP

Both came in much stronger than expected, but not everyone is convinced the full picture is being shown.

1) CPI data

Headline CPI came in at 2.7% vs 3.1% expected.
Core CPI dropped to 2.6%, the lowest level in over 4 years.

On the surface, very positive.

However, some analysts point out that certain components (such as food and shelter-related costs) may have had limited influence due to data collection constraints during the government shutdown.

This has led to debate about whether inflation pressures are being understated.

2) US GDP

US Q3 GDP printed at 4.3%, the strongest growth since Q4 2023.

That suggests a strong economy but again, there are questions.

A significant portion of growth appears to be driven by AI-related investment and intra-sector activity, while personal disposable income growth remained nearly flat.

This raises concerns about how broad-based the growth really is.

So why aren’t markets crashing?

One explanation: markets may already be pricing in these doubts.

Currently we’re seeing:
• Inflation showing signs of re-acceleration
• Economic growth momentum slowing beneath the surface

Historically, this combination often leads to one outcome:

👉 Strength in precious metals

Which is exactly what we’re seeing now.
#CryptoPulse9