Jim’s Daily Rant. Hole In The Silver Dam! Can You Say “Silver Arbitrage?”

Today’s post of India Unleashes Silver as Bank Collateral with 10:1 Gold-Silver Ratio, Boosting Global Money Role says it all. The people there yesterday were paying about $125 per Ounce of silver.

Now India indirectly says that silver is now valued at $400 per ounce. (One ounce of gold divided by 10 ounces of silver; $4,000/10 = $400).

If I were a big silver stacker outside of India I would consider selling some of my silver to a known contact in India.

However, note:

. . . under new Reserve Bank of India (RBI) regulations set to take effect in April 2026. The move effectively establishes a 10-to-1 silver-to-gold ratio in collateral lending, marking the first time a major economy has formally recognized silver's role alongside gold in modern banking.

See:  Part II - The Hunt Brothers Corner The Market.