Which Silver Price Is Real? $76 COMEX, $95 Shanghai And 3 Paper Claims On Every Bar

Описание: Which Silver Price Is Real? $76 COMEX, $95 Shanghai And 3 Paper Claims On Every Bar

Silver investors… that 10‑dollar smash that made your chart look like a crime scene was a ghost‑market shakeout, not a real liquidation of physical metal.

In this video, we break down why the price collapsed from 85 to under 75 in hours while the plumbing of the market is screaming shortage, not surplus:
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How a thin‑liquidity “ghost week” – with China shut for Lunar New Year and Wall Street heading into a holiday – let algorithms and forced selling punch silver down 10 dollars in hours, even though big physical sellers were basically absent

What COMEX vault data is really saying: registered silver slipping below 100 million ounces for the first time in years, against open interest representing 300–400+ million ounces of paper claims – effectively three or more people thinking they own the same bar
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East vs West pricing: Shanghai paying the equivalent of mid‑90s per ounce once tax is included, while New York trades paper around the mid‑70s – a double‑digit dollar premium that tells you where real demand is and where discounted metal is fleeing to
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The structural backdrop:

COMEX registered inventory down roughly 70–75% from 2020 levels and still draining at hundreds of thousands of ounces per day
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Five straight years of global silver deficits, with cumulative shortfalls in the hundreds of millions of ounces and industrial demand (solar, EVs, electronics, AI) hitting record highs around 680+ million ounces a year

Why backwardation, delivery data, and physical premiums all line up: futures sometimes cheaper than spot, record or near‑record January/February deliveries, and dealers charging big mark‑ups or going out of stock – all classic signals that paper price is diverging from physical reality
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How to think about the next phase: distinguishing “screen silver” (a flickering number in a holiday ghost town) from weight silver (bar and coin flows, vault levels, and Eastern bids), and how to position so a paper smash becomes an opportunity, not a margin call

If you’ve just lived through this move and you’re trying to decide whether to sell, freeze, or treat it as a discounted entry, this breakdown is designed to shift your focus from the candles to the vault data and global spreads that will drive the real move once ghost week ends.

⚠️ DISCLAIMER
This video is for educational and entertainment purposes only and does not constitute financial, investment, or trading advice. Silver, gold, and related assets are volatile and can result in rapid losses. Always do your own research and consult a licensed financial professional before making any investment decisions.