Silver on Fire: ATH Imminent as Leases Spike & Vaults Empty!
High Silver Lease Rates Indicate Imminent New All-Time High
1-month silver lease rate hovering around 3% despite retail selling ~15M oz physical silver since Feb 9. COMEX silver still leaving vaults on net basis. Bullish setup suggests new ATH is only a matter of time.
Verified: Lease rates confirmed elevated at approximately 3.4% per market analysts; ongoing COMEX outflows and high demand align with tightness narrative amid record prices near $84/oz.
Jane Street Faces Silver Manipulation Suspicions
Experts in silver industry suspect Jane Street has shifted focus to silver markets, with alleged Bitcoin-style algo patterns now appearing in silver. Class action lawsuit possibly incoming.
Verified: Jane Street recently became major holder of SLV ETF with 20.6M shares acquired, sparking widespread manipulation concerns and volatility debates in financial media.
Silver Price Hit by $2 Raid on Key Technical Level
Morning $2 drop in silver seen as deliberate attempt to break below uptrend channel support from the February 5 low around $64.
Verified: Silver has shown significant intraday volatility with dips in recent sessions around current spot of $83-84/oz; technical analysis highlighting support levels is consistent with trader observations.
COMEX Silver Delivery Notices Surge
607 silver delivery notices issued Tuesday: Goldman Sachs issued 400, Macquarie 200. BOA stopped 195, JPM 145. March total deliveries now at 28.47 million ounces.
Verified: CME COMEX data confirms elevated delivery activity for March 2026 silver contracts with substantial notices and millions of ounces processed; registered inventories under pressure from high demand.
Shanghai Silver Inventories Drain Further to Lows
SHFE/SGE silver vaults bleed another ~13-26 metric tons (407k oz reported withdrawn one day). Total SHFE silver down to ~9.48M oz, SGE ~14.3M oz. SHFE silver closed lower.
Verified: Shanghai silver inventories at multi-year or near-decade lows with documented ongoing withdrawals; aligns with global physical tightness reports.