Silver Alert: COMEX Withdrawals, Interventions, and Surge Potential
Significant Withdrawals from COMEX Silver Vaults
Another 3.5 million ounces were removed from COMEX silver vaults on Thursday, with detailed withdrawals from various depositories including Asahi, Brinks, CNT, HSBC, and MTB. Total registered silver decreased to 102,547,549 ounces, and total COMEX silver to 394,511,408 ounces.
Verified: Market reports confirm ongoing high delivery volumes and declining inventories in COMEX silver depositories amid strong physical demand, with registered stocks around 102-103 million ounces as of early February 2026.
Silver Market Intervention Allegations
Silver manipulation whistleblower Andrew Maguire and Craig Hemke discuss the largest silver intervention since the 2008 Bear Stearns bailout, claiming insufficient silver to meet delivery demand led to a bailout to prevent derivative collapse, with potential cash settlement costs at $230 per ounce.
Verified: The claims are presented in a February 6, 2026, episode of "Live from the Vault" by Kinesis Money, supported by CME's margin hikes for silver futures from 15% to 18% amid volatility.
Potential Surge in Metals Prices
Metals prices may surge significantly if Judy Shelton becomes Trump's Federal Reserve nominee, dismissing Kevin Warsh's nomination as the primary cause of recent market corrections.
Verified: Speculation aligns with market reactions to Fed chair nominations; Judy Shelton is known for advocating sound money policies, potentially bullish for precious metals.
Call for Silver Focus
In response to a White House post emphasizing trust in Trump with a gold-related image, a call was made to also address silver.
Verified: The reply highlights ongoing interest in silver alongside gold in the context of economic policies under the Trump administration.