Contest Guess the Spot Price Silver on December 30, 2025 (Guesses due before Dec 8)

[Someone_else]

I have two ideas. One, there is someone with a lot of money that wants to buy a lot of silver. Now. Or maybe some short sellers have finally realized that their guaranteed income has now turned into a grenade in their ass, and they need to clear now before it goes off.

 

[pmbug]

Bullion banks are no longer shorting the shit out of silver as physical stocks are becoming constrained.

 

[KnowWhy]

Can someone offer an explanation as to how/why the price is moving by whole percentage points. I'm at a loss, I figure price discovery has kicked in at some point, but this is nuts.

I wonder the same. My low guess was serious. Long-term devalued dollar is a given, but this? If this is speculation we should all be selling silver and waiting for the pullback or trading into gold. Even at 65:1.

 

[pmbug]

It isn't speculation. I have been documenting the vault stock story all year in the demand drivers thread. Here's the summary:

Silver Timeline

Dec 9, 2025

• ~2020: Silver begins a structural supply/demand deficit where mining production + scrap recycling < industrial demand. The structural deficit begins draining existing vault stocks from the LBMA et al
• 2021: The US military begins sourcing silver from the public markets as the Defense Logistics Agency (DLA) runs out of their surplus silver stock
• July 2024: India enters the chat:
  • Silver spot price begins ~93% correlation with INR/CNY currency pair. This might be reflective of India facilitating a Russian oil for Chinese silver trade
  • India...

• pmbug
• Replies: 15
• Forum: PMBug's Vault

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