According to @w_thejazz, China spot silver is more than 13 dollars above the U.S. quote, which he frames as evidence of tight physical supply and price discovery shifting to the East, source: @w_thejazz on X, Jan 16, 2026. He highlights the January 16 options expiry as a potential trigger, citing stretched paper silver, heavy options flow, and record retail demand that could pressure shorts and lift miners, source: @w_thejazz on X, Jan 16, 2026. Reuters reports retail investors have steered a record amount of cash into silver, creating a crowded trade that may amplify volatility around expiries, source: Reuters, Jan 15, 2026. No direct cryptocurrency market impact is cited by the sources, so any cross-asset read-through is not established by the provided reports, source: @w_thejazz on X, Jan 16, 2026; Reuters, Jan 15, 2026.

According to @KobeissiLetter, silver is set to post its first 12-month candlestick with a 100%+ gain since 1979, highlighting an exceptional move in the metal. Source: https://twitter.com/KobeissiLetter/status/1995492405685129297 The source adds that this does not happen in normal markets and that asset owners are winning, underscoring unusual macro conditions that traders should factor into positioning and risk controls. Source: https://twitter.com/KobeissiLetter/status/1995492405685129297 For execution and price discovery around this outsized move, traders can reference COMEX Silver (SI) futures, which provide centralized liquidity and benchmark pricing. Source: https://www.cmegroup.com/markets/metals/precious/silver.html Cash-market participants can track the iShares Silver Trust (SLV) for exchange-traded exposure that aims to reflect the price of silver less expenses. Source: https://www.ishares.com/us/products/239855/ishares-silver-trust-fund To monitor options-implied volatility in silver-linked instruments, the Cboe Silver ETF Volatility Index (VXSLV) measures 30-day implied volatility derived from SLV options. Source: https://www.cboe.com/us/indices/dashboard/vxslv/ For digital-asset context, Fidelity Digital Assets identifies Bitcoin as an aspiring store-of-value asset, which is why crypto traders often monitor precious-metals momentum as part of the broader hard-asset narrative. Source: https://www.fidelitydigitalassets.com/insights/bitcoin-alternative-investment-thesis