IVR.AX and silver

[stefk]

Hello everybody, happy holidays for you too Sol and all the team, and for all the subsrcibers.

As you see in the ellipse, the MACD are still far away from the extreme overbought territory, and this with an ATH of
the silver price. We will certainly end this month with a nearly perfect marubozu candle. The silver squeeze is still in full motion. In january, the chinese government will ban silver exports,

China is the second silver producer. Silver is highly strategic for China.

The big silver industrial consumers begin to buy silver immediately from the mines

"""In October 2025, Samsung C&T Hongkong Ltd, the trading and investment arm of the Samsung Group, provided a US$7 million prepaid facility to the Canadian mining company Silver Storm Mining Ltd.. This funding is intended to help Silver Storm Mining restart operations at its La Parrilla silver mine complex in Durango, Mexico.
In exchange for the upfront financing, Samsung has secured the right to purchase 100% of the lead-silver and zinc concentrates produced at the mine for a two-year period once production begins (targeted for 2026). """"

I am sure that the others, tesla, BYD will also begin to buy silver immediately from the mines. Silver is strategic, the
best electricity conductor, its an energy metal, also for the solar panels. The EV are silver thirsty. And thats a big problem for the precious metals banks. Its a battle between these shorters and these industrial consumers.

And for the moment, it seems the banks have lost the battle. Thats why JP Morgan abandoned their short positions to become long, and stacked 750 millions onces of silver. They didnt do it to make 20% gains.

For the moment, I stay with my physical silver in this battlfield, the friends, the family, the neighbours, the news

dont say anything about this important battle around the silver. Maybe, when silver touches 100$ in the next

weeks, the crowd will begin to buy. Lets wait the $100 ......

[loneranger11]

Happy Belated New year everyone. I hardly post and will try to amend that situation this year. Like many I sit and read, but if we all do that it will be silent.

Stefk thanks for the providing the extra data. I also found the last update interesting, and the premise that we are in times that might mimic the era of the opium wars.

https://www.marketwatch.com/story/china ... s-5c543123

It’s an industrial issue today and looks like it falls under Sol’s resource remobilization war, for reference, China Solar Industry uses 6000 plus tons of Silver
https://www.metal.com/en/newscontent/103330526