Silver Squeeze Looms: Would Delivery Shock Hits?
Silver is flashing extreme stress signals. The metal has logged four straight weeks of 10%+ gains. Silver is now up 154% YTD, prompting UBS to warn that recent moves in precious and industrial metals look “out of control.”
COMEX has already seen 40 million ounces stand for delivery in January—far above the typical 1–2 million. With the March delivery month approaching, demand could reach 70–80 million ounces, threatening to drain much of COMEX’s 110–120 million ounces of registered inventory.
With delivery demand spiking, is silver heading into a true physical squeeze?