JPM Blocks China Silver Grab – Proxy War Ignites!
JP Morgan Blocks Massive Chinese COMEX Silver Order in Proxy War
JP Morgan allegedly blocked a large Chinese industrial short's attempt to take physical delivery on COMEX, refusing immediate delivery and offering delayed terms while sourcing from Latin American concentrate. This is framed as part of a broader gold and silver proxy war between JPM/Fed and PBOC/China interests, with JPM pulling silver supply into the US.
Verified: Core details from exclusive Vince Lanci interview (GoldFix) published on SilverTrade.com February 19, 2026, citing refinery, trader, and producer sources; coincides with documented CME "cooling issue" data center outage halting COMEX trading on November 28, 2025 (confirmed by Reuters, CNBC, Kitco). Broader China supply tightness and SHFE backwardation/premiums confirmed by Bloomberg February 11, 2026 report on persistent silver squeeze in China.
China Addicted to Cheap Silver Then Squeezed as JPM Pulls LatAm Supply
After years of buying dips due to perceived manipulation, China (industrial shorts and speculators) got caught when the market seized; JPM pulled Latin American concentrate into the US, prioritizing COMEX/LBMA, leading to panic buying at premiums and market "seizure." Silver highlighted as the "canary in the coalmine" for China economic issues amid proxy dynamics.
Verified: Vince Lanci analysis shared via SilverTrade posts February 22, 2026, consistent with his prior interviews; supported by ongoing physical silver shortages, SHFE record premiums, and backwardation per Bloomberg (Feb 11, 2026) and Trading Economics data showing silver volatility with Jan 2026 ATH near $121/oz followed by correction to ~$80-84/oz range by mid-Feb 2026.
Silver (With Gold) Outperforms S&P and Key for Retirement Amid Debt Crisis
Gold has outperformed the S&P 500 on 1-, 2-, 5-, 10-, 20-, and 25-year bases, with silver increasingly impossible for mainstream advisors to ignore. Investors are urged to rethink retirement in ounces of gold and silver rather than fiat dollars given spiraling government debt and spending.
Verified: SilverTrade posts February 21-22, 2026 echo broader market commentary; gold/silver long-term outperformance vs equities documented in multiple 2025-2026 analyses (e.g., historical returns data from Kitco, Seeking Alpha); current silver spot ~$82-84/oz (as of Feb 20-22, 2026 per Fortune, Trading Economics) amid fiat concerns aligns with physical demand trends.