Very likely a feint, but they tried. As Silver Academy posted, "Today was the day the market tried to break silver, and accidentally made you rich" ... a 38% discount if you caught the drop at the right moment
"Today was the day the curtain fell back, and precious metals investors got to see what real price discovery looks like. On the fake Western stage—the COMEX—the paper price -- was pushed down in a last-ditch “Friday flush” before the month-end close. You could almost hear the trading desks laughing as they dumped contracts to crush sentiment. But across the Pacific, in the real world — Shanghai’s physical market—the truth screamed through: $122.33 versus $88.40 on COMEX. A staggering 34% premium for physical silver. That’s not a spread; that’s a fracture. That’s the sound of two financial systems splitting apart—paper vs. physical, illusion vs. reality.
"Anyone who’s watched this game before knows exactly what that means: a gift-wrapped buying opportunity. These sudden, violent smackdowns always precede major upside moves once the physical market reopens. The COMEX price is not the real price. It’s a ticker symbol for financial repression. Shanghai tells the truth: silver is in short supply, physical metal is leaving vaults, and premiums are exploding."
We will see a RE-DOCKING of silver soon ...