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u/Paperscamisreal

▲ 14 r/Wallstreetsilver

Abaxx bets on Asia’s growing silver demand with new Singapore futures contract

keep stacking

On Monday, Abaxx Technologies Inc. announced that it will launch Abaxx Silver Singapore futures on Friday, expanding Abaxx’s precious metals product suite.

The company said in a statement that its Silver Singapore (SSP) futures contract will be a U.S. dollar-denominated, 1,000-troy-ounce, physically deliverable product with a fineness of 0.9999, with delivery into approved vaults in Singapore.

In a Monday social media post following the announcement, Josh Crumb, Founder and CEO of Abaxx, said that North America is losing its grip on the silver market as Asian demand continues to grow

https://www.kitco.com/news/article/2026-05-19/abaxx-bets-asias-growing-silver-demand-new-singapore-futures-contract

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u/Paperscamisreal — 15 hours ago
▲ 0 r/Wallstreetsilver

60’s-70’s way better than 80’s-90’s

I’m still stacking and would rather have my dying fiat buy more more Silver and Gold than less. The lower the price the faster my stack grows. The east and industry will suck up more silver at the lower prices also. Thank you Modi for the sale.

keep stacking

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u/Paperscamisreal — 5 days ago
▲ 50 r/Wallstreetsilver

The Battery That Just Beat Toyota. What It Means for Silver.

On April 14, a Chinese battery startup backed by one of the world's largest automakers rolled the first A-sample all-solid-state battery cells off a production line in Guangzhou.

Current liquid lithium-ion EVs use between 25 and 50 grams of silver per vehicle, primarily in electrical contacts, sensors, and thermal management. Solid-state architecture at Samsung SDI’s silver intensity would represent a 15x to 30x increase per vehicle in silver content.

https://www.fxempire.com/forecasts/article/the-battery-that-just-beat-toyota-what-it-means-for-silver-1596536

u/Paperscamisreal — 12 days ago
▲ 44 r/Wallstreetsilver

We anticipated that Open Interest in the May silver contract would decline significantly this week, ahead of the expiration of the May26 contract which goes off the board tomorrow. 
That certainly began in full force yesterday, as OI in the May26 contract declined -8,764 yesterday, to close at 17,984.  

What is shocking however, is that the majority of those contracts DID NOT roll to either of the next 2 Front Months (July + Sept) – as the July contract saw an increase of only +2,628, and the Sept contract only added +459 for a net 3,087 contracts.  

This means that ONLY 35% OF THOSE CLOSING OUT MAY26 SILVER CONTRACTS ROLLED FORWARD!  

65% SIMPLY WALKED AWAY FROM THE COMEX CASINO!!!

https://silvertrade.com/news/precious-metals/silver-news/comex-silver-oi-plunges-below-105k-as-traders-walk-away-from-the-casino/

u/Paperscamisreal — 21 days ago
▲ 11 r/Wallstreetsilver+1 crossposts

They may want to Repatriate that gold. I am sure their gold safe and sound at the fed....LMAO

Our pure gold in our international reserves remains not for sale and is in the safe custody of New York Federal Reserve Bank,” Banda said.

Malawi sells domestic gold reserves to cover rising fuel costs

https://www.kitco.com/news/article/2026-04-28/malawi-sells-domestic-gold-reserves-cover-rising-fuel-costs

**** Their gold

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u/Paperscamisreal — 22 days ago
▲ 19 r/Wallstreetsilver+1 crossposts

Kitco News) – Türkiye’s central bank is rebuilding its gold reserves as it unwinds some of the dollar-for-gold swap positions it employed during peak market stress, with physical holdings rising to around 730 tonnes as of April 17, according to the latest data.

The bank increased its gold reserves by 30.7 tonnes over the past week, the latest government data showed, bringing total gains to 36.4 tonnes in the past two weeks and reversing the steep drawdown from its earlier liquidity operations.

https://www.kitco.com/news/article/2026-04-28/turkish-central-bank-boosts-gold-reserves-364-tonnes-two-weeks-it-closes

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u/Paperscamisreal — 22 days ago