Silver Surge: COMEX Drain + $120 Bets + Asia Flow
COMEX Silver Registered Stockpile Drops by 1.5 Million Ounces
Significant withdrawals from multiple depositories including Brinks, JP Morgan, Loomis, and others resulted in registered silver declining by over 1.5 million ounces to approximately 78.48 million ounces.
Verified: Matches official CME warehouse data exactly; registered inventories have fallen sharply to around 78-80 million ounces amid ongoing physical outflows and strong Asian demand.
Trader Places $4.2 Million Bet on Silver Hitting $120 by June
A large call option on SLV with a $120 strike price expiring June 18, 2026, was purchased for $4.2 million, betting on a major silver rally to new all-time highs.
Verified: SLV currently trading around $80; $120 strike listed in options chain and represents nearly 50% upside. Bullish options flow reported in silver ETF trading data.
Terrence Howard Predicts Silver at Thousands of Dollars
Actor Terrence Howard states Bitcoin will die while silver could reach thousands per ounce as he embraces precious metals fundamentals.
Verified: Confirmed in recent statements and reported by Benzinga and media outlets.
YouTube Terminates 'Asian Guy' / Jon Ag Silver Channel
The YouTube channel of silver commentator Jon Ag (known as Asian Guy) was terminated for "spam and deceptive practices," raising questions in the PM community.
Verified: Community reports and discussions confirm deletion of associated channels like Boring Currency.
187 Million Ounces of Silver Drained from COMEX to Asia
Ex-JPM bullion banker Robert Gottlieb highlights 187 million ounces of silver moving from COMEX inventories to London and Asia, driven by strong Chinese demand.
Verified: Aligns with documented COMEX inventory declines (from peak ~533M oz) and reports of physical silver flows to Asia.