Precious Metals Brief: December 28, 2025

The silver market has entered a state of "Vertical Velocity." In a historic weekend move, silver has not only bypassed the $70s but is now knocking on the door of triple digits in global markets. We are witnessing a Transcontinental Squeeze that is decoupling paper prices from the reality of physical metal availability.

The Global Price Gap: Shanghai vs. The States

The most shocking story this morning is the massive arbitrage window opening between East and West.

Why the $81.99 Shanghai Print Matters: Shanghai is currently the "engine" of price discovery. The deep backwardation (where current physical metal costs more than future contracts) in China signals that industrial users are panicking to secure silver for solar and EV production. When Shanghai leads by nearly $3.00, the U.S. markets typically play "catch-up" within 48 to 72 hours.

Gold & PGMs: Not Far Behind

While silver steals the headlines, the rest of the complex is hitting "stratospheric" levels.

• Gold ($4,533.60): Steady and climbing. Gold is providing the "ballast" for this move, with central banks continuing to accumulate at record rates.
• Platinum ($2,478.90): Up 7% today alone. Platinum has finally woken up, driven by the same industrial supply deficits plaguing silver.
• Palladium ($1,922.00): Seeing a massive $223 daily jump as shorts are forced to cover.

What This Means for MetalStacks Members

We are in uncharted territory. At $80 silver, the old rules of "stacking" have been rewritten. Here is the play for our members today:

• The $80 Psychological Barrier: Expect a massive wave of "retail FOMO" (Fear Of Missing Out). As silver crosses $80 in the U.S., mainstream media will begin reporting on it. This usually leads to a total wipeout of dealer inventories.
• Constitutional Silver is the "Lifeboat": At $80/oz, a single 1-oz Silver Eagle is becoming a high-value item (nearing $100 with premiums). For daily utility, 90% Silver Dimes and Quarters are now essential.
  • Melt Value Check: A single silver dime is now worth roughly $5.80. A quarter is worth $14.50.
  • These are the only units left that allow for "small-denomination" silver ownership.
• The Arbitrage Warning: With Shanghai at $82, don't expect the U.S. "discount" of $79 to last. The metal is flowing to where the price is highest. If you are waiting for a "dip" back to $60, you are betting against a global physical shortage that Elon Musk recently warned could "stifle manufacturing."
• The Counterfeit Crisis: As prices soar, fake bars and rounds are flooding the secondary market (eBay/Local meetups). Our 90% Constitutional Silver remains the safest, most recognizable way to verify your wealth instantly. It "rings" true at a time when paper and fake metal are everywhere.

Dealer Insight: We are working overtime to keep 90% bags in stock, but at $79+, the "melt bucket" is calling. Once these coins are melted for industrial use, they are gone forever.

Metalstacks is a private club focused on the study and discussion of the precious metals industry. The views, opinions, and forecasts expressed herein are solely those of the author(s) and are not intended to be a recommendation to buy, sell, or hold any specific metal, security, or investment product. The authors and the Metalstacks Precious Metals Club are not registered financial advisors, brokers, or dealers. Always consult with a qualified financial, investment, tax, or legal professional before making any investment decisions. Your personal financial situation and goals are unique. Investing in precious metals and related assets involves significant risk. The value of investments can fluctuate, and you may lose some or all of your principal investment. Past performance of any asset, including gold and silver, is not indicative of future results. By reading this article, you acknowledge and agree that you are solely responsible for your own investment decisions.