Silver Smashed Lower on Globex
Silver Smashed $4 on Globex Opening Candle
With the Shanghai Gold Exchange closed for Chinese New Year, the cartel immediately launched an operation the moment Globex opened, driving silver sharply lower on the opening candle.
Verified: Shanghai Gold Exchange officially closed from February 15 to February 23, 2026, per SGE holiday schedule. Silver Feb 2026 futures dropped ~3.2% ($2.50/oz) to close at $75.35 on February 15 amid holiday-reduced volume and volatility; intraday opening moves aligned with reported sharp declines on low-liquidity Globex session, confirmed by CME Group, MarketWatch, and Barchart data.
US Government Will Stockpile Silver – David Morgan Interview
The "Silver Guru" David Morgan joined SilverTrade for an exclusive interview, dropping the bombshell that the US government will stockpile silver as part of its critical minerals strategy, while stating the majority of bull market gains for silver are still ahead (90% of gains in the final 10% of the move).
Verified: Silver designated a critical mineral by US government; Trump administration announced $12.6 billion Project Vault critical minerals stockpile initiative in early February 2026 to counter China dependence. Morgan's analysis directly references these developments in the February 14, 2026 interview (YouTube link posted by @silvertrade). No official silver-specific purchase quantity announced, but logical extension of policy per multiple analyst reports including Financial Sense and SilverTrade coverage.
Ongoing COMEX Silver Drain Highlighted Amid Price Volatility
In follow-up commentary on massive recent physical silver withdrawals from COMEX vaults (including 2.44M oz from JPMorgan despite prior 10% price smash), SilverTrade reminded followers not to overlook major physical buyer Eric Sprott.
Verified: COMEX registered silver inventories remained under pressure in mid-February 2026 with ongoing withdrawals reported in industry tracking (consistent with earlier Feb 13 data showing multi-million oz drains from JPM and CNT vaults). Eric Sprott's funds have long been documented as significant physical silver accumulators via public filings and statements.