🚨 THIS IS HUGE 🚨
China’s largest bank ICBC is shutting down personal precious metals agency services on the Shanghai Gold Exchange.
No spin:
• Margin accounts closed
• Services terminated
• Banks stepping away
When volatility rises, banks don’t protect you.
They protect themselves.
This is not bullish marketing.
This is systemic risk management.
👉 Paper exposure is being CUT.
👉 Physical demand remains.
Banks leave first.
Retail is last to know - don´t be one of them
This is not 2011.
This is 2025.
#Silver
#Gold
#SGE
#PhysicalOnly
#PriceDiscovery
#EndThePaperGame
@kshaughnessy2 If Trump wants to appoint me, I would take it for 119 days. I think it would take me 19 days to fix it.
But it’s not the job I want. I want to build gallows at 48th and Park and hang the hedgies and prime brokers publicly. Not all. Just CEOs, directors, and stock loan desks.