Rumors of Massive Asian Silver Buyer Refusing Cash Offers For End of Year Silver Delivery, COMEX Physical Silver Raid Slows But Continues, Bloomberg Says Silver May Test $63, Japanese Yields Continue To Soar, Fed Announces $45 Billion In Monthly Debt Buybacks Starting In January

Someone wants real metal, not cash—and wants it fast.

That kind of bid forces shorts to scramble for ounces, not offsets.

Translation: physical tightness → futures pop → higher odds of squeezes, premiums, and backwardation.

Read: physical run continues.

Another 64 stand → 51.3 Moz stand for delivery this month (only 136Moz available for delivery before those are claimed).

JPM issuing and stopping = big players both sourcing and hoarding metal.

That shrinks the tradable float, pushes borrow/lease up, and raises odds of basis blowouts/backwardation.

London was thin enough to need a lifeline.

If China really leased ~200+ tonnes to LBMA during the squeeze (lease rates spiking ~40%), that screams collateral shortage—not healthy markets.

Implications, tight and human:

• East holds the swing metal → East gains pricing power.

• LBMA on borrowed ounces = higher odds of future premiums/backwardation if that lifeline is pulled.

• SHFE stocks refilled while COMEX/LBMA drain = price discovery keeps shifting East and physical.

• With China tightening exports Jan 1 and India/Russia stepping up demand, the next squeeze bites harder.

Read: shortage, not story.

With inventories thin, deliveries ripping, and export curbs looming, bids don’t need much to push price into uncharted $63.

Hold the breakout (58.8+), and premiums/backwardation risk ramps—industrial + investment demand chasing fewer ounces.

Only real caveat: a hard break <54.40 cools the squeeze. Otherwise, melt-up math favors silver.

Read: Japan is the fault line.

JGB yields ripping = BOJ losing the leash → yen carry snaps → Japan (the biggest foreign UST holder) sells Treasuries to defend the yen.

In a hyper-levered, hyper-connected system, that cascade tightens dollar funding and ricochets through credit and equities.

Translation: the weak point’s cracking—and capital sprints to real collateral (gold for ballast, silver for torque).

Translation and stakes:

• Back to the hose. 

  • If the Fed’s buying ~$45B/month, that’s quiet monetization—admission the system can’t digest issuance or rising term premia without help.

• Global leverage gets a hall pass. 

  • QE (even “not-QE”) suppresses real yields, props collateral values, and delays deleveraging—until the next, bigger wobble.

• Dollar → softer over time. 

  • More balance-sheet elasticity = financial repression (inflate debts away, don’t pay them down).

Asset map:

• Gold: direct winner.

  • Lower real rates + policy backstop + reserve diversification = structural bid.

• Silver: winner with torque.

  • Same macro tailwind plus a shrinking tradable float, rising industrial pull, and shorts needing metal.

  • Upside is non-linear when liquidity meets shortage.

Net: easing into a debt super-cycle doesn’t fix leverage; it reprices money.

That’s gold’s moment—and silver’s slingshot.

Why I Use HardAssets Alliance

HardAssets Alliance provides:

• 100% insurance of metals for market value

• Institutional-grade daily audits and security

• Best pricing — live bids from global wholesalers

• Fully allocated metal — in your name, your bars

• Delivery anytime or vault-secured across 5 global hubs

Luke Lovett
Cell: 704.497.7324
Undervalued Assets | Sovereign Signal
Email: [email protected]

Disclaimer:
This content is for educational purposes only—not financial, legal, tax, or investment advice. I’m not a licensed advisor, and nothing herein should be relied upon to make investment decisions. Markets change fast. While accuracy is the goal, no guarantees are made. Past performance ≠ future results. Some insights paraphrase third-party experts for commentary—without endorsement or affiliation. Always do your own research and consult a licensed professional before investing. I do not sell metals, process transactions, or hold funds. All orders go directly through licensed dealers.