Red Walker is hired to find missing musician Eddie Velvet and ends up tracing Alice Baker's death. The game never states outright who killed Alice; instead, your final choice with Eddie decides how Walker ends the case: finish the contract, burn his past, or return to the Rabbit Hole. Everything below is spoiler territory.
What is the Silver Pines story about?
Silver Pines is about private investigator Red Walker, sent to a half-abandoned town to track down Eddie Velvet, a musician who has vanished. The official description calls it a job that turns into "a strange and nightmarish descent beyond his control."

The game opens at the Miner Diner with a phone call: "Did you find him, detective? Did you find Eddie Velvet?" Walker has only just arrived. A radio broadcast warns of an evacuation order, and the few people left say a big storm is coming, which is why the town is nearly empty.
Who is Eddie Velvet in Silver Pines?
Eddie Velvet is the missing musician Walker is paid to find. His dossier lists him as age 25 to 35, occupation musician, criminal record unknown, residence unknown.

The first solid lead is the Crimson Bear Motel. Its guest ledger shows guest number 39431, Eddie Velvet, Grizzly Suite, which is why the silver pines motel chapter revolves around getting into that suite.

What is the Eddie Velvet song in Silver Pines?
The song you keep hearing is Eddie's own, and its hook line is "I miss you, baby." In the Rabbit Hole vision Walker watches Eddie perform it on stage.
The lyrics tie straight into the town's landmarks: "a ride to the stars" is the same phrase as the cable car poster, "Journey to the Stars," and the achievement for riding it is called "Take the 'Ride to the Stars'." Walker later tells his client he saw Eddie at a bar "with a girl," which is the first hint of Alice.
Who is Alice Baker and what happened to her?
Alice Baker is the girl seen with Eddie, and she is dead: her body floats in the water in Downtown, where you find the second Gold Ring.

The police interview tape with Eddie lays out the accusation. Asked about Alice, Eddie calls her "that sweet girl" with "good taste in music" and dodges the question of a relationship. The interviewer answers: "The last time anyone saw Alice alive was when you took her up to the peak."
The game does not resolve it. When Walker later asks at the station whether Eddie killed her, the reply is: "Maybe he did. Maybe he didn't. Who gives a..." Treat the accusation as the town's version of events, not a confirmed fact.
What happens with Deputy Roberts and the sheriff?
Deputy Roberts strings Walker along and then turns on him. At the station he admits, "Bad news, detective. Eddie's not here," despite having implied otherwise, and the fight that follows is the Killer Frequency boss.

The full route through the station, including the interview tape, is in silver pines sheriff's office.
Who are the Burned Man and the bad little man?
The Burned Man is the survivor in the Outskirts who burned his belongings to be rid of someone. He tells Walker, "Can you smell it? The smoke. I burned it all... It was the only way to make him leave me."
Another survivor describes "the bad little man" who bit them and is "coming for you just like he came for that crowd." The game leaves both figures unexplained, but the Burned Man matters mechanically: he is the one who asks you to burn your Mementos for the Live ending.
How do the Silver Pines endings explain the story?
Each ending is Walker's answer to the case, and the official achievement descriptions name them plainly.
| Ending | Achievement description | What Walker does |
|---|---|---|
| Leave | Complete the contract: Kill Eddie Velvet | Shoots Eddie, says "Sorry Eddie. There was no other way...", and wakes outside the diner |
| Live | Burn it all | Lets Eddie go and burns all 25 Mementos in the Shack furnace |
| Rest | Return to the Rabbit Hole | Lets Eddie go, brings both Gold Rings to the Rabbit Hole and faces the secret boss |
Leave is the contract as written. Live mirrors the Burned Man: getting rid of everything Walker has carried. Rest uses the two Gold Rings, one from the diner ring box and one from Alice's body, to return to where the visions began. Step-by-step requirements are on silver pines endings, and the related unlocks are on silver pines achievements.