Author is bullish on silver, expecting US prices to catch up to the higher Shanghai price of 92.
Unpriced research observations (excluded from Calls and Returns):
XAGUSD — LONG The author is bullish on silver, noting it trades at 92 in Shanghai. The causal mechanism is convergence: global or US silver prices should catch up to the higher Shanghai price. The catalyst is the next trading day, implying immediate upside. Exact non-equity contract requires separate historical validation; no generic proxy.
It's at 92 in Shanghai, gonna catch up to it tomorrow.