As of May 2026, COMEX silver faces a critical supply crunch, marking a sixth consecutive year of structural deficits with rapidly depleting "registered" inventories. High demand for physical delivery is causing significant backwardation, with massive, accelerated outflows of metal from vaults creating extreme pressure on upcoming contract expirations. [1, 2, 3, 4]
The economy
- Thread starter Rastafarian
- Start date
COMEX resolves physical silver inventory deficits during contract expirations primarily by converting "eligible" silver to "registered" status, encouraging contract rollovers, increasing margin requirements, and ultimately utilizing cash settlement options when physical supply cannot meet demand. Despite high paper-to-physical ratios, crises are often managed by importing external silver to replenish vaults. [1, 2, 3, 4, 5]
As of early 2026, China has tightened its control over the global silver supply, implementing new export restrictions and increasing domestic stockpiles to meet surging demand for solar panel manufacturing and electric vehicles (EVs). China controls 60-70% of global silver refining and is both a major producer and consumer.
Jensen Huang snubbed by White House for President Trump’s China state visit — Nvidia CEO not on roster, which includes Apple's Tim Cook and Elon Musk
One expert says this is a sign that Beijing won't be getting advanced AI chips anytime soon.
Nothing could have been done to prevent this and it’s also Bidens fault
Really interesting market with crude and rates supporting the USD petrodollar, with inflation and uncertainty forcing the bond vigilanties to keep rates elevated. The FOMC and treasury have a mess on their hands.
imho, gold will trade inverse to the USD index without a ramp up in liquidity from the treasury via FOMC
The situation with silver vs gold is very different with the industrial applications for silver that are increasing against a multi year decrease in supply.
With China the big player in the silver market for supply and demand, the Trump meeting with Xi will be a big deal for how silver will be trading short term
Last edited:
The best liquidity I see to trade silver short term looks like AGQ, the ProShares Ultra Silver which is about a 160% play on the trading month held futures price.
66% of the fund is in the July futures contract currently
Last edited:
Will add to PAAS soon
Not trading the silver futures due to liquidity, but any drop out of the Trump Xi meeting will add to PSLV holdings
Last edited:
US Power Prices Climb 61% Faster Than Inflation as Demand Surges
Consumer prices climbed last month by the most in three years, but prices for electricity surged even more, highlighting an intensifying battle between utilities, consumers and power grids.
www.bloomberg.com
Some Republican on Fox Business tried spinning the gas prices as a sacrifice to get control of Iran
Admitted prices remain high until Strait is reopened.
Failed to acknowledge it will stay elevated for 2 months AFTER Strait is open.
Republican candidates for the midterms are shiiting their pants.
Yep, I was just using the fact that it takes 2 months to get from the Strait to West Coast ports.
Bought shares of WSRIF, a junior miner Canadian Company with property tungsten assets. Market cap 21 million,
www.marketscreener.com
Western Star Resources Announces Closing of Oversubscribed Private Placement and Appointment of Director
Vancouver, British Columbia - Western Star Resources Inc. announces that, further to its news release of April 16, 2026, it has closed its non-brokered private placement and raised $3,193,713...
Last edited:
But prescription drug price are going down 5,000 %
Are you one of those folks that thinks Trump had zero accountability for what happened? That his record breaking stimulus package, the pandemic supply chain crisis, etc had nothing to do with it? That somehow it was all Biden’s fault despite every country struggling with the pandemic shortages?
Because that is stupid.
Biden is a POS who definitely drove prices higher with his stupid stimulus. But he wasn’t the only president culpable for what happened. Trump bought the ingredients, made the food and set the table. Biden sat down and ate it.
Both suck and were to blame. Unlike today’s mess. That is firmly resting on one person’s shoulders.
No, the voter was clear. Democrats took too long to bring down inflation. When inflation was 7-8% they tried to pass the highly inflationary BBB and weee only thwarted by Manchin. They were tone deaf.
Inflation / economy was #1 issue last election and the voters spoke loud and clear.
I agree Biden was partially accountable for inflation and he never deserved a second term IMO.
I agree voters blamed Biden. That is indisputable. What is also factually indisputable is that Trump contributed heavily to the inflation. He is just better at dodging accountability with the voters. It didn’t mean he wasn’t guilty of creating inflation. Popularity with voters does not define the truth of the matter.
If it did, then you would have to believe OJ was innocent since 100% of the jury sided with him. Sometimes bad people avoid accountability for their actions.
Donald’s inflationary actions are a matter of public record. If you choose not to see it that just makes you a partisan fool. Why would you put your head in the sand to avoid the truth? That is stupid.
How did the China virus come out and what was its purpose??? I do not blame Trump at all as it was an unknown at the time he had to take action.
Yes, magas will talk about stimulus contributing to inflation all day but refuse to admit that trump put more stimulus into the economy than Biden.
As a side note, one of the posters you are going back and forth with used to brag about how much money he made all the time. Then he slipped up and talked about donating his stimulus check to trumps re-election campaign. These people Dont operate in the confines of reality like the rest of us.
He created inflation or covid created inflation? I’ll give you that policies created under his admin lead to inflation. Policies that every democrat supported and many said didn’t go far enough (Covid helicopter money).
The remainder of Trumps term will say a lot about his inflation legacy. If oil gets back down to the mid 70’s inflation will collapse and history will view the trade off of Iran not having weapons as worthy.
What did we get in return for Joes inflation?
Joe largely sucked. I’m not defending Joe Biden. I am saying that a significant portion of the inflation on his watch was directly inherited by Trump’s policies. That’s it. So anyone saying Trump was great on inflation and Biden was bad is simply wrong.
They were both bad.
IMO you are 100% correct. The way we budget and spend our funds, programs created in one administration flow into the next one....Obama to trump, trump to Biden and Biden to trump.
Now having said that, remember after periods of high inflation, historically, prices don't return to pre inflation levels. So Trump inherited the high price (affordability issue) from Biden. But, trump is creating his own price increases though both tariffs and iran. Granted when we finally finish out this war (which will be very quickly [since February]) oil prices should come down and likely things that are directly tied to oil will recede, but others will not.
So, we'll all get to complain about high prices well into the term of the next president
Since I have almost no debt and my 401k and brokerage accounts are at all time highs I am not all that upset about inflation.
My guess is a decent percentage of the population feels the same.
that being said, I don’t like where it is heading.
I think we need to go a little China and legislate fiscal responsibility via force.
My guess is a decent percentage of the population feels the same.
that being said, I don’t like where it is heading.
I think we need to go a little China and legislate fiscal responsibility via force.
Oh. Dang. Everything is fine then based on that mountain of evidence. I feel so owned.