Silver Beats $85 in Shanghai and China Export Door Locks

Igor Pereira · December 27, 2025

Traders, the thesis I sent yesterday morning exclusively to members Premium It just materialized in front of everyone.

Just two hours ago, the physical silver was traded to $85/oz in Shanghai. Meanwhile, the western "spot" market (paper) closed the day with an aggressive rise of 9%, quoted $79/oz. The gap is closing violently, just as we predicted in the Premium.

By Igor Pereira Financial Market Analyst

But the real reason for this explosion is not speculation. It's a structural regulatory shock that starts in five days.

We have received confirmation that as of 1 January 2026 China will drastically restrict exports of silver. The government has implemented entry barriers that, in practice, expel most suppliers from the global market.

To export silver, companies will now need strict government licenses. Requirements eliminate small and medium players:

Minimum Production: At least 80 tonnes annual production.
Financial Capacity: Credit lines of about $30 million.
State Approval: Only major state-approved firms qualify.

This effectively blocks all small and medium-sized exporters. China is saying: "If you're not a state giant, your silver stays in here."

The Reality of $85: The price of $85 seen in Shanghai today is not a mistake. It's the market that puts a price on the internal scarcity and strategic retention of metal.
Arbitration: With the spot at $79 and China paying $85 (and closing the exit doors), the physical metal flow will migrate massively to the East, draining Comex and LBMA.

The 9% high today for $79 is just the beginning of re-enactment. The market is waking up to the fact that, starting next week (2026), the Chinese offer will disappear to most of the world.

Those who read the Premium report yesterday morning and positioned themselves are already reaping massive profits. Silver is not "dude"; it is just beginning to reflect its real value of scarcity.