COMEX Drain Accelerates: Big 8 Shorts at 17-Year Low — Friday's Forced Cover Could Gap Silver

Описание: Big 8 silver shorts at a 17-year low. $70B in unbooked losses. Friday's forced covering window closes at 4PM. Here's the exact mechanism.

Today is Thursday, March 12, 2026. Silver trades at $84.14 — but the physical supply picture tells a different story entirely. The COMEX has shed 114 million ounces in just two months, hitting a one-year total inventory low of 344 million oz. Registered silver dropped from 88M to 78.6M oz in three weeks. Shanghai's combined silver inventory sits at an 11-year low of approximately 18 million oz. Against that drain, the registered leverage ratio stands at 7.36x — seven paper ounces promised for every one deliverable. And the big 8 commercial short position is now at its smallest reading in 17 years of recorded data, with an estimated $70 billion in unbooked margin call losses floating across the short side of the market. In this video we walk through the exact institutional mechanics forcing a Friday short cover before the weekend, the geopolitical risk making that weekend exposure unsurvivable, the private credit market now gating redemptions, and three CME halts in three months adding operational uncertainty. Subscribe with bell notification on for Friday's real-time close breakdown.

silver Spot price: https://comexlive.org/
Gold Spot Price: https://comexlive.org/
Silver Open/high/low/close: https://www.investing.com/currencies/...
Gold Open/high/low/close: https://www.investing.com/currencies/...
Silver Futures - Settlements: https://www.cmegroup.com/markets/meta...
Gold Futures - Settlements: https://www.cmegroup.com/markets/meta...
Silver Futures - Quotes: https://www.cmegroup.com/markets/meta...
Gold Futures - Quotes: https://www.cmegroup.com/markets/meta...
Silver Futures Historical Data: https://www.investing.com/commodities...
Gold Futures Historical Data: https://www.investing.com/commodities...
DXY: http://finance.yahoo.com/quote/DX-Y.NYB/
U.S. 10 Year Treasury: https://www.cnbc.com/quotes/US10Y
Bitcoin : https://www.coindesk.com/price/bitcoin
silver and gold delivery notices: https://www.cmegroup.com/solutions/cl...
COMEX warehouse inventories: https://datatrack.trendforce.com/Char...
Silver stocks (COMEX warehouses): https://www.cmegroup.com/delivery_rep...
Gold stocks (COMEX warehouses): https://www.cmegroup.com/delivery_rep...
Gold-silver ratio trends: https://www.macrotrends.net/1441/gold...
Daily Metals Volume and Open Interest: https://www.cmegroup.com/market-data/...

DISCLAIMER:
The content in this video is for educational purposes only and represents my personal opinions and market analysis. It should not be considered professional financial investment advice.
The financial markets, including silver and precious metals, are volatile and subject to significant risks. The scenario described involves a mix of historical fact, current market mechanics, and simulated future events based on present trends. You should always conduct your own due diligence and consult with a certified financial planner or advisor before making any investment decisions. I am not responsible for any financial losses or decisions made based on the information provided in this video.

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