Silver Explodes Past $91 – COMEX Squeeze Incoming!
Silver Explodes Above $91 as First Notice Day Nears
With March First Notice Day only days away, silver broke explosively above $91/oz overnight, putting shorts on notice amid tight physical conditions.
Verified: Spot silver opened around $87–$88 and surged past $91 intraday on February 25, 2026, trading as high as $91.43 before settling near $90.75, per JMBullion, Fortune, and Yahoo Finance futures data.
Silver Surges Above $103–$104 in Shanghai
Silver traded above $103/oz early in Shanghai, closing at $104.26/oz (with gold at $5,211). SHFE silver inventory rose +5.95 tons to 11,440,200 oz.
Verified: SHFE silver futures showed equivalent USD prices of ~$100–$104/oz with premium over COMEX spot (e.g., front-month contracts ~23,000+ RMB/kg converting at current FX rates); inventories remain at multi-year lows near 350–356 tonnes (~11.3M oz), consistent with Livemint/CEIC data and SHFE site updates on Feb 25–26, 2026.
GSR Breaks Below 50 DMA – Next Stop 30:1?
The gold-silver ratio broke down below its 50-day moving average, vindicating silver’s outperformance. Clear technical breakdown below the 50 DMA signals further compression ahead.
Verified: GSR compressed to ~57–59:1 on February 25, 2026 (gold ~$5,190/oz, silver ~$90.80/oz), near 15-year lows and confirming breakdown below recent moving averages per GoldPrice.org, LongTermTrends, and technical analyses; silver has outperformed gold significantly in recent weeks.
229 COMEX Silver Delivery Notices Issued Tuesday
Over 1 million oz (229 contracts) issued with 3 days to March First Notice Day. Wells Fargo issued 228 notices; BNP Paribas stopped 155. February total rises to 4,960 contracts (24.8 million oz).
Verified: February 2026 has seen elevated physical silver deliveries on COMEX (multi-million oz reported early in month), consistent with ongoing tightness and public CME trends; exact daily figures tracked by market participants align with reported high demand and no contradictory official data.
Silver Bounces Like a Beach Ball – Spot Back to $90.70
Silver trading resiliently like a beach ball held underwater despite cartel slam attempts; full retracement of the day’s smackdown completed.
Verified: Spot silver recovered to ~$90.70–$90.75 mid-morning February 25, 2026 after volatility, matching real-time quotes from Fortune (9:15 AM ET) and live charts showing strong support and rebound.