PHYSICAL SILVER hits nearly $130 in Japan – report

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I used to sell brick pavers in El Paso for American Eagle Brick Company, back when the heat could cook a man twice in one afternoon. We sold for .60 a unit—fair price, solid product. But ACME Brick? They ran around quoting .40. The catch? They didn’t even have any pavers. Still, that fake number hit the streets, and soon every contractor thought we were high. It wasn’t competition—it was manipulation.

One day a grumpy old mason with mortar in his beard starts barking that ACME could beat us. I barked right back: “They could quote you free brick, but if they don’t have any, what kind of nonsense is that?” He glared, then cracked a laugh. He got it.

Same story today. Silver’s $71 on paper, $130 in Japan. Numbers without metal. Just another ACME special—free bricks from an empty yard. The game hasn’t changed, only the commodity. The old brick hustle is now traded in ounces and clicks instead of pallets and handshakes. But the moral holds: when supply runs dry and promises keep multiplying, price becomes a rumor—and truth costs whatever someone’s willing to pay.

https://thesilverindustry.substack.com/p/silver-price-in-tokyo-hits-130-per

These are retail physical prices, which include:

  • dealer premiums
  • scarcity premiums
  • local demand spikes
  • currency effects
  • supply chain constraints