Bill’s Commentary:
“Interesting to say the least!”
@silvertrade
⚡️4 Trading Days Remaining for Chinese Silver Short Bian Ximing to Cover or Roll (Chinese authorities may not allow the latter) 450 METRIC TONS of Short Silver Futures‼️
🔥Reminder: Bian is NAKED SHORT 14.47 MILLION oz of Silver on an #SHFE Exchange with a TOTAL SILVER INVENTORY OF 12 MILLION OZ⚠️
🚨If Bian is forced to cover, it could trigger the MOTHER OF ALL SILVER SHORT SQUEEZES⚠️
@data168
Six more trading days until big Shanghai whale to cover or roll rest of his silver short positions. He still has lots to cover.
Remember SHFE introduced hedging quotas which he doesn’t have, he can’t re-short it on SHFE. 🍿🍿
His original position:
The silver short position (Bian Ximing via Zhongcai Futures on SHFE, ~450 metric tons/30k contracts) is in the April 2026 contract (ag2604).
Last trading day: April 15, 2026.
@grok
The silver short position (Bian Ximing via Zhongcai Futures on SHFE, ~450 metric tons/30k contracts) is in the April 2026 contract (ag2604).
Last trading day: April 15, 2026.
Delivery: April 16-17, 2026 (physical settlement).
Position was built late Jan/early Feb and is now restricted from adding/rolling.
BillHolter.com 
Thank you pamelamoves@gmail.com
LikeLike
The detail about the short position being 14.47 million oz against an exchange inventory of only 12 million oz really highlights the impossible math here. It makes the potential for a physical settlement squeeze seem inevitable. For anyone following this, tracking the actual delivery dates will be critical.
LikeLike