u/Paperscamisreal

Kitco News) - Abaxx Technologies announced Friday that trading has officially commenced in its Silver Singapore (SSP) futures contract, marking the latest step in the company’s effort to position Singapore as a major global hub for precious metals trading and price discovery.

The new contract is designed to bridge what Abaxx describes as a growing disconnect between traditional global silver benchmarks and the evolving physical requirements of industrial users across Asia.

Abaxx executives have argued that the traditional North American and London-centric silver market structure is becoming less aligned with the realities of global industrial demand. The company has emphasized that higher-purity “four-nines” silver products are becoming increasingly important for advanced manufacturing applications, particularly in Asia’s technology supply chain.

https://www.kitco.com/news/article/2026-05-22/trading-abaxxs-silver-singapore-futures-kicks

keep stacking

On Monday, Abaxx Technologies Inc. announced that it will launch Abaxx Silver Singapore futures on Friday, expanding Abaxx’s precious metals product suite.

The company said in a statement that its Silver Singapore (SSP) futures contract will be a U.S. dollar-denominated, 1,000-troy-ounce, physically deliverable product with a fineness of 0.9999, with delivery into approved vaults in Singapore.

In a Monday social media post following the announcement, Josh Crumb, Founder and CEO of Abaxx, said that North America is losing its grip on the silver market as Asian demand continues to grow

https://www.kitco.com/news/article/2026-05-19/abaxx-bets-asias-growing-silver-demand-new-singapore-futures-contract

I’m still stacking and would rather have my dying fiat buy more more Silver and Gold than less. The lower the price the faster my stack grows. The east and industry will suck up more silver at the lower prices also. Thank you Modi for the sale.

keep stacking

The United States Mint is using gold from foreign sources, despite a legal requirement that its coins be made only from American-mined gold, a new investigation has revealed.

https://www.msn.com/en-in/news/world/gold-from-colombian-cartel-mine-reaches-us-mint-despite-legal-ban-report/ar-AA21OjQC

They may want to Repatriate that gold. I am sure their gold safe and sound at the fed....LMAO

Our pure gold in our international reserves remains not for sale and is in the safe custody of New York Federal Reserve Bank,” Banda said.

Malawi sells domestic gold reserves to cover rising fuel costs

https://www.kitco.com/news/article/2026-04-28/malawi-sells-domestic-gold-reserves-cover-rising-fuel-costs

**** Their gold

Kitco News) – Türkiye’s central bank is rebuilding its gold reserves as it unwinds some of the dollar-for-gold swap positions it employed during peak market stress, with physical holdings rising to around 730 tonnes as of April 17, according to the latest data.

The bank increased its gold reserves by 30.7 tonnes over the past week, the latest government data showed, bringing total gains to 36.4 tonnes in the past two weeks and reversing the steep drawdown from its earlier liquidity operations.

https://www.kitco.com/news/article/2026-04-28/turkish-central-bank-boosts-gold-reserves-364-tonnes-two-weeks-it-closes