Today Muthu Boy's prata shop also quieter, but silver market even more jialat sia 😅
Took profit when silver around 100 — last leg rally fly to 120, I watch only after that.
Silver down 28.54% in one day. People panic like prata no curry.
Silver bullion at Millenia Walk is less crowded today, maybe because it’s lunchtime, and it’s hard to compare with the usual weekday lunch rush.
Let Muthu Boy explain in kopi-shop language, don’t say I bluff you ah.
🫓 What really happened to Silver ($SLV)?
13 Jan
CME suddenly change rules.
Last time margin fixed price, now change to percentage-based.
Means what?
Silver price go up → need put more money.
Even small drop → margin call come like debt collector 📞
27 Jan
CME not happy yet.
One week increase margin TWICE.
Nine days FIVE times hike.
Leverage players kena squeeze until like prata press too hard, all oil come out.
30 Jan (Today)
Western market say Fed this Fed that.
Aiya, that one just noise lah.
Real drama happen in Asia.
China silver fund (UBS SDIC) trade crazy premium, up to 64% higher than China futures.
Then boom 💥
Shenzhen exchange press emergency button — FULL DAY TRADING HALT.
Chinese traders stuck inside.
Cannot sell their local silver.
Need cash urgently → what they do?
👉 Hedge, raise cash, anyhow sell first
Silver didn’t suddenly become worthless.
This is not silver problem.
This is “paper silver” problem.
CME keep hiking margin
China market kena liquidity trap
Leverage players kena forced sell
Domino effect → market crash
Fed chair?
Already priced in long time ago lah.
Just story for newspaper headline.
🫓 Conclusion from Muthu Boy:
Today silver crash is not God punishing silver.
It’s exchange rules killing leverage.
Paper game failed.
Big boys wiped out.
Small retail cry.
Same like prata business: Too much leverage, too thin margin, one day curry spill — whole table gone.
Eat prata slowly, invest also slowly, boss.
Don’t play paper until lupa real value. 😌🫓
@TigerPM @TigerObserver @Tiger_comments @Daily_Discussion @TigerStars
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