China Suspends 6 Groups of Accounts Amidst Abnormally Large Silver Liquidations, Silver Lease Rates Back Above 6% in London, Over 1 Billion Ounces of Silver Traded Daily In Last 7/9 Days, SHFE Vault Bleeds 15% In One Day

Silver's fundamentals are screaming "HIGHER NOW." We'll see how long it takes for price action to follow.

Silver's Dislocation Points To A Market That's Breaking, 17.5M Ounces Claimed For Physical Delivery in First 4 Days Of February on COMEX Against Just 104M Ounces of Available Inventory

Spot down over 12% this morning while the world is literally running out of silver. What a joke.

Did Silver Shorts Just Narrowly Avoid A Default By Draining Vaults During Friday's Sell Off?

Typically, 1-3% of COMEX contracts result in physical delivery. During the Friday sell off, all paper shorts found buyers that demanded physical delivery. Open interest just collapsed to it's lowest since May 2025.

China Silver Vault Drains 2.8% in a Day, Shanghai SGE Silver Stock Drops to 494 Tons, Shanghai Silver Price Trades at 16.71% Premium Above Western Silver Price, COMEX Silver Vault: 104m Oz Registered vs 740m Oz Open Futures Positions, Gold Positioning Indicates Not Near Bull Market Top, U.S. Declares Metals ‘Strategic’ + $12B Stockpile

2.5× annual global silver production traded in one day, Shanghai silver premium blows out to record highs, COMEX silver available for delivery continues to decline, Silver backwardation (scarcity indicator) persists despite a sell off of statistically impossible magnitude

Just when you think it can't get any weirder.

"In the last 24 hours...half of the GDP of the United States" was liquidated from gold and silver. "We just witnessed the first Sigma-10 event in financial history. Mathematically, this shouldn't happen in the lifetime of the entire universe."

CME & LME “Technical Issues” During Price Surges, Surging SLV Borrow Costs, Shanghai Silver Premium at 15%, SHFE Silver Inventories Are Plunging, SLV Market Cap Doubled Over 100 Days

We said there would be pain and parabolas ahead. Nothing has fundamentally changed. Expect more big moves in both directions. The world's largest consumer of silver (China) is almost out of physical. What do you think will happen then?

China Silver Inventory Continues Depleting at an Alarming Pace (5.2% Out In One Day) While Shanghai Silver Premium ~13.5% Above Western Silver Prices, COMEX Silver Inventories Down 22% From Their Peak

Tether CEO: Foreign States Buying Gold, Tokenized Competing Currency, Ring Tightening Around Iran, US Oil Supply Warning: Rig Count Collapsed, Iranian Parliament May Have Already Approved Closure of Strait of Hormuz, Silver Rising Since China Export Controls, Silver Panicked Selling vs Physical Accumulation

Silver Premium & China Fundamentals, Massive Paper Trades vs Zero Deliveries, Speculators Dumping Futures & ETF Outflows, Shanghai Silver Premium Projecting $200+, COMEX Registered Silver Withdrawals, LBMA & Unallocated Silver Exhaustion

COMEX On Pace To Be Out Of Silver By March, Shanghai Silver Premium Still Surging While Inventories Are Not Refilling, M2 Adjusted Silver Is $744

Prepare for pain and parabolas. Focus on the fundamentals.

Commodities as National Security, What's Coming In Silver Remains The Most Asymmetric Repricing in Markets, Gold To Silver Ratio Will Eventually Revert Towards Its Mean, Copper Is The Next Silver, Risk On Assets Are More Mispriced Than Ever