Is this the spark that finally forces COMEX and the London exchanges to abandon their long-standing price control over Silver?
-NW

Silver Price in Tokyo hits $130 per ounce. Guess that's how you spell FOMO in Japanese. Once Shanghai opens up again on Sunday night Jan 4 2026, More Fireworks
THE SILVER ACADEMY
DEC 31, 2025

[snip]

SILVER’S DOUBLE LIFE EXPOSED

Silver at $130 in Japan, $106 in Kuwait, $97 in Korea, and “$71” on Western screens is not a market; it is a confession. The numbers read like a crime scene diagram: in the real world where bars change hands and coins disappear into safes, silver has quietly migrated into triple‑digit pricing, while the supposed “global benchmark” in New York and London is still stuck in a fantasyland of leveraged promises.​

In Tokyo shops and Japanese bullion counters, you are not buying silver in the 70s; you are paying the equivalent of $120–130 an ounce because that is what it costs to replace inventory once you factor in tight wholesale supply, shipping, insurance, currency chaos, and the growing sense that the next shipment might not show up on time, or at all.

Kuwait tells the same story in a different language: retail bars priced around $100+ an ounce are not a fat merchant’s greed; they are the market’s answer to a simple question—what will it really take to pry physical metal out of the pipeline in a world where everyone suddenly wants the same scarce asset at the same time.​