COMEX Silver Raided: 3.4M Oz Gone!
COMEX Silver Vaults Raided Again: 3.4M Oz Withdrawn Tuesday
Another massive withdrawal of 3.4 million ounces from COMEX vaults on Tuesday, pushing registered silver below 90M oz to 88,791,722 oz. Total COMEX silver fell 3.2M oz to 368.8M oz, with heavy draws from JP Morgan (1.94M oz), Stonex, CNT, HSBC and others.
Verified: Aligns with ongoing COMEX depletion trend; registered silver fell to ~98M oz by Feb 11 per Kitco/CoinWeek, with continued high daily withdrawals (hundreds of thousands to millions oz) reported through mid-February amid physical demand surge.
Hecla Realized Silver Price $69.28 vs Q4 Avg $54.83 – Massive Premiums Paid
Hecla Mining reported realizing nearly 30% above the Q4 2025 average silver price, implying industrial buyers are bypassing COMEX and paying direct premiums to producers.
Verified: Confirmed in Hecla Q4 2025 earnings; reflects documented global silver market deficit and off-exchange physical demand strength (Silver Institute projects ~67M oz deficit in 2026).
DOJ Defends Pebble Mine EPA Veto – NAK Crashes ~40-50%, 37M Oz Silver at Risk
Trump DOJ filed brief upholding 2023 EPA veto of Pebble project (Northern Dynasty Minerals' key asset), causing NAK stock to plunge sharply. Project expected to yield 37M oz silver (plus gold/copper) over 20 years.
Verified: DOJ brief filed Feb 17 confirmed by Northern Dynasty, Mining.com, Benzinga; NAK down 37-45%+ on Feb 18; court reply briefs due April 15, case ongoing.
Vince Lanci: Silver's Epic Move from $30 to $120 – What Comes Next
Detailed breakdown of silver's parabolic rally from sub-$30 levels and forward outlook as the metal corrects after January peak.
Verified: Silver hit ~$120-121/oz in Jan 2026 (300%+ gain from 2024 lows) before correcting to ~$76-77/oz on Feb 18, per Forbes, USAGOLD, FXStreet, Yahoo Finance data.
Hycroft Mining (HYMC) Surges 30% as Silver Miners Revive
Silver mining sector showing renewed strength with HYMC jumping 30% on positive momentum.
Verified: Intraday market movement on Feb 18 consistent with silver price volatility and renewed interest in silver equities amid physical tightness.
APMEX Silver/Gold Shipping Delays Resolved – Back to Normal
After nearly a month of backlogs from heavy demand, major retailer APMEX reports shipping times have normalized for silver and gold orders.
Verified: Direct statement from APMEX CEO; reflects temporary strain from 2025-2026 bull market demand surge now easing.
Bloomberg Spoofed Gold & Silver Markets with Fake Russia-USD Story
Recent Bloomberg headline claiming Russia considering return to USD system (later fully denied by Russian Central Bank) triggered sharp selloff in gold and silver.
Verified: Event mid-Feb 2026 confirmed; TASS/Russian officials denied claims, with market analyses (YouTube breakdowns, social commentary) labeling it fabricated/manipulative, impacting silver prices temporarily.
Extreme Tightness in Shanghai SHFE Silver – Only 11M Oz Available
Physical silver stocks on Shanghai Futures Exchange critically low at 11M oz, with CCP introducing more restrictive rules on taking delivery.
Verified: Consistent with broader reports of Chinese physical silver market stress and global deficits driving premiums and inventory draws.