the monetary demand for silver is starting to wake up and the silver market is not it's not structured for that. It's structured for silver as a commodity and it doesn't have the capacity to satisfy the demands of people that are demanding silver suddenly as money because they're >> You're watching Silver News Daily. Subscribe for more. >> The silver market is not just running out of metal. It's running out of time. We are standing on the edge of a financial bombshell and the countdown has already begun. For decades, silver has been treated like an industrial commodity. Quiet, obedient, and cheap. But behind the scenes, something has changed. Investors are no longer just looking at silver for its use in electronics or solar panels. They're waking up to its true purpose, monetary protection. And as this realization spreads, the demand for physical silver is turning from a simmer into an inferno. Vaults are being drained, ETFs are tightening, and the futures market is showing cracks that could split wide open at any moment. This isn't speculation. This is a structural failure in real time. You've heard about gold's historic surges during financial panics, but silver. Silver doesn't just rise, it detonates. In 1980, silver exploded nearly 800% in under a year. In 2011, it quadrupled in just months. And now, all the same conditions are back, but worse. The dollar is wobbling. The Fed is trapped. And silver, it's cornered in a market that cannot handle what's coming. This isn't just a market correction. It's a fullscale revaluation. And when it hits, it'll happen faster than anyone's ready for. So what happens when a commodity sized supply meets a monetary sized panic? What happens when a market structured for stability collides with a tidal wave of fear? The fuse is lit and silver's nuclear moment is coming. >> Realize that we are not yet in the final sprint to the endgame because the the next printing round hasn't even started yet, right? The reverse repo extra money bank has been depleted, but the Fed hasn't stopped QT. It hasn't stopped shrinking its balance sheet. It's slowed it down, but it hasn't stopped it. It hasn't cut rates to zero, and it hasn't started buying bonds net yet. It just nothing is happening. And the fact that gold has gone so far, so fast before the next printing route has even started, it kind of surprised me. So my point is that gold is not going to go up and up and up and up every single day until the next printing round starts. I mean just like it was in CO the Fed cutting to zero immediately because there was a there's a bank scare or JP Morgan says they have to whatever it is the big banks come together and say the Fed we need you to move and then they print twice three times four times as much money as they did during co then gold and silver should go up and up and up day after day after day without any kind of pullback at all. But we're not there yet. So it until we are there, the dollar is going to be in a perpetual short squeeze, meaning there's always more debt than dollars exist. So at the point when somebody starts defaulting, then you have it's like a game. It's like a game musical chair. The music stops and everybody's got to sit down and whoever doesn't sit whoever sits down last doesn't get a chair. So when the music stops and the defaults start, that's when there's a rush for dollars. And there's going to be an there's going to be a big rush for dollars at some point. And gold and silver are going to sell off just like everything else. It's just that gold is going to sell off less than everything else just like it did in CO. Gold sold off during the the lockdowns. It did and it reached a low of 1450 and the and the miners got clobbered. I don't know, 20, 30, 40% in a few days. I don't know if it's going to be that magnitude this time. It's going to be the same kind of thing. And then the Fed's going to reinflate. And then at that point, we can say we're in the final sprint. It's going to take a few weeks until until the dollar collapses. But we're not there. We got to wait for that to happen. And meanwhile, we can we can play the game of, well, what was the approximate cause that that made gold and silver fall down specifically on October whatever it was, 21st, and then we could look at the the movements in the market. But that's all inevitable. It's all this it's always the same story. There's going to be something that is going to cause a correction until the Fed reinflates. So wait for that to happen and then you can say that there's going to be no more corrections. But until then, you got to stay balanced. We can't be too euphoric and we can't be too discouraged because we're still in a a dollar short squeeze where there's more debt than dollars that exist. The silver market wasn't built for this. It was designed to function smoothly under the assumption that most of its demand would come from industry. Solar panels, electronics, medical tech. These sectors are predictable, price sensitive, and manageable. But monetary demand, that's a different beast entirely. It's volatile, emotional, and potentially infinite. And now, as fear spreads through the financial system and investors scramble for hard assets, silver is being dragged into a role it was never structurally prepared to handle. This mismatch is already causing stress fractures across the system. Vaults that once brimmed with ounces are being emptied to meet ETF flows. The London market is under visible strain. Spot futures spreads are warping and arbitrage windows are tightening. Signs of systemic pressure building beneath the surface. And yet the mainstream narrative still talks about silver as if it were just another industrial metal. That's the mistake. Because unlike copper or lithium, silver has a foot in both worlds. And when its monetary role is awakened, it behaves more like gold on steroids. The shift is underway and it's feeding on itself. As the price rises, more investors pile in. As more investors pile in, the physical supply shrinks. And as supply shrinks, the panic grows. This is not just bullish sentiment. It's a structural transformation. And when a market built for stability is suddenly hit with instability, the result isn't a slow correction, it's a break. The disconnect between silver's design and its destiny is reaching a critical point. >> Practically no more of them. I think the count last one was like 3 billion which is basically nothing. Uh so the the quantitative tightening the QT the shrinking of the balance sheet that the Fed has engaged in since it started at the peak of the balance sheet was sometime in 2021 for the so for the last four years maybe 2022 I don't remember it's all blurring together all this co and the printing and and AI it's all kind of like mushing together in my head of whatever is happening in the world. Uh so it for so since the Fed started QT they've been shrinking effectively the reverse repo amount which is money that's outside of the banking system and now it's no more. So all the QT is going to it has been draining bank reserves and bank reserves are used as the grease as the slime that coats the repo market. That's that's the money that's being traded. That's those are the dollars that are being traded every night. 3 trillion of them, the bank reserves. Now, I had a theory which ultimately proved wrong. I don't I don't think it's in principle wrong. I just think that I missed the technical aspect that I suspected I might have missed, but I didn't really take it seriously. Um I I thought that the amount of reserves could not um be less than the amount of repos that are traded every night because they're trading the reserves. So, it turns out they can. I just don't know by how much. I don't think by that much. So right now the the ratio reserve the bank reserves are falling. They're now at like 2.9888 trillion like below three trillion and this week's number which should be out in a few hours. I think two and a half hours it'll be out and I'll check it. It should be like something like $80 billion less because the government shutdown, right? It means that the government isn't spending as much money. It's spending I think on mandatory spending but not on discretionary or something like that. I don't know exactly what the technical details are, but it's spending less money than it otherwise would. So all the money that it's sucking out of the bank system is not being spat back into it. Um, so they're raising money. I think the um the total um dollar cash that they have was like 930 something billion. It was whatever it was. It was like 60 or 70 billion more than it was last week. So that's money that's taken from reserves. So yeah, and now you have 2.988 trillion minus about 70 billion. So it's like 2.91 trillion or something. And the the the amount of repos that are being traded is over three trillion. It's like 2.98. It's it fluctuates between like 2.95 trillion and 3.0 or 3.1 trillion, something like that. Like h how how much longer can this go on? Uh, I mean, we're looking at the repo rate, the it's called the SOFR rate, and it keeps wobbling. It wobbled again 2 days ago, up seven basis points, and now it was down three, and tomorrow could be up 10. Who knows? Um, if it's already wobbly, that means things are already tight. And the, um, the standing repo facility that the Fed instituted after CO, uh, it provides emergency repo money to banks that can't get it because maybe the the the reserves has run out. It's a it's it's being used in sparingly like a few billion dollars a night but it is being used now. It wasn't being used before. So we know that some banks are out of reserves so they can't get any. So there there is a shortage here. It's going to get worse as uh as um repo trading keeps expanding as it does because you have all these hedge funds that are I don't know trying to pick up pennies with basis trades. I don't even want to go into the technicals of that. It's just they're trading around dead zombie money and earning a few pennies on levering it up like 50 times each night. So, this is going to end and it's going to end soon because the repo rate just before we get going, we just launched the official silver news daily telegram. To kick things off, we're running a 10oz silver giveaway. Yes, real physical silver. Not a voucher, not digital credits, actual bullion. This telegram will be our new home for real-time silver discussions, market insights, collection picks, and everything precious metals. It's where the community truly comes alive. Here's how to enter the 10oz silver giveaway. Be subscribed to Silver News Daily on YouTube. Turn on the notification bell, comment 10O giveaway on three separate videos. Be an active member of the Telegram group and say hi. Once we hit 500 active Telegram members, we'll pick one lucky winner to receive 10 ounces of silver shipped directly to you. So, get in early, stay active. If there's a pressure point in the silver market that could trigger a total blowout, it's the ETFs. On the surface, they look safe. Easy exposure to silver without the hassle of physical delivery. But under the hood, these instruments are backed by vaults that are rapidly emptying. The EyesShare Silver Trust, better known as SLV, has been bleeding metal for months, even as retail and institutional flows remain positive. Where is that silver coming from? And more importantly, what happens when it's gone? Here's the danger. SLV and similar funds promise each share is backed by real metal. But if enough investors decide to redeem for physical or if institutions quietly begin to hoard what's left, the custodians will hit a wall. At that point, they'll have two options: default or decouple. A default would be catastrophic. But even a soft decoupling, where paper price breaks from the physical, would send a shock wave through global markets. Because if SLV can't deliver, it exposes the lie at the heart of the paper silver system. This isn't some hypothetical threat. It's already playing out. Comx registered stocks have dropped to multi-year lows. Physical delivery is slowing and the available float for large-scale redemption is drying up. Every time a new ounce is promised in a digital contract, it relies on a shrinking pool of real silver that may not be there when the music stops. ETFs were never built for a monetary panic. They were built for convenience. But when Silver's true monetary role reawakens, that convenience turns into a time bomb. The result, a rush for the exits, a scramble for anything tangible and a wave of panic buying that will leave the paper price in the dust. >> I we just have to remember that this is what has happened every time since 1918, you know, since the end of World War I, which was the end of a huge inflation that funded the Great War back then. And then at the end of that inflation, silver outperformed gold until a silver dollar uh was worth more than a gold dollar. Not that silver was worth more than gold, but if you had a silver dollar coin versus a gold dollar, a gold dollar coin, I think they had those coins back then, then this the the silver dollar was worth more than the gold dollar. Uh so it it was 1918 was was the first time this century. You had it in 1968, 1980, and 2011. Every single time there's some sort of a monetary reset, minor or major, then silver always handily outperforms gold. Like obviously, uh like uh what's that word? Not sporadically. Um uh like in a frenzy, there's just a huge bid for silver. And we didn't see anything near that at all. And we were we were applauding. We were like, you know, giving a nice little polite round of applause to silver when it finally caught up to the rate that gold was rising. And even that wasn't every day. And so maybe since what is maybe since August or September, silver has has very slightly outperformed gold, but okay. So it went from a ratio of like 107 to one in April to now 80 to one uh a few days ago. So okay, fine. It's a little bit of an outperformance, but you're counting from 107. That's a that's not a normal ratio. So, whatever is happening now, it's not an intermediate top. If it wasn't if if it is a major top, it would be like any of the other ones that we've experienced since 1918. If you want to go into the why, um, it depends where your vision is is most keen. What aspects of the golden zone market you connect to or you look at are you able to analyze the best? And I'm always broadly monetary. So whenever gold outperforms, sorry, whenever silver outperforms gold, it's a signal that credit is breaking down and either the Fed intervenes and it saves the credit market by adding more credit. Adding more credit means adding more debt because it's the same thing. Credit and debt are two sides of the same coin. So, if the Fed's able to add more credit, add more debt, and then uh it's like a borrower who's who you're you're demanding you repay he pay you back and he gets more credit from someone else and he's able he's able to pay you back in credit and you're like, "Okay, fine. So, you know, I'll extend the I'll extend the term on your loan and you'll keep giving me this credit." So, that's what the Fed does. It just keeps extending the loan. So, as long as it can do that, it can calm down the money markets and expand the credit markets. But when silver outperforms gold, that means either the Fed has to reinflate and and suppress the the monetary prices in terms of credit or it's done. And this time they'll try to reinflate and it won't work. It'll be done. And and um we're just waiting for that last surge of silver over gold. It's going to end somewhere around 15 to1. We don't know exactly when, but my guess is there's a bank crisis of some sort. The Fed cuts to zero, starts QE again, and then the metals just go up, limit up one day, limit up day two, limit up day three, limit up day four. It's going to be like the end of 1979, the beginning of 1980, except this time there's going to be no correction back down. >> No, you mentioned how really the fundamental >> if you're looking for the epicenter of the physical silver crisis. It's not New York, it's London. The LBMA, home to the world's largest over-the-counter silver trade, is showing signs of extreme stress. Over the past year, London Vault holdings have drained by hundreds of millions of ounces. And now, registered silver, the metal actually available for delivery, is approaching critically low levels. This isn't just tightness. This is depletion. The signs are everywhere. Spreads between London and New York spot prices that once ballooned in late 2023 have now narrowed. Not because supply has stabilized, but because both hubs are feeling the squeeze. The market is choking. And as physical metal becomes harder to source, it's not just investors who are affected. It's the entire price discovery mechanism. London has always been the quiet engine behind global silver pricing. But when that engine begins to sputter, everything tied to it starts to fail. Here's the terrifying part. Most silver contracts don't settle in metal. They roll. They cash out. They move paper. But when a sufficient number of players demand actual silver, physical bars in their hands, the system gets cornered. And right now, London can't afford a corner. The vaults aren't prepared. The supply chains aren't ready. and the market structure is far too fragile to absorb even a modest surge in redemption. We're watching a slow motion train wreck in the one place that can least afford it. And when London finally seizes, when the vaults dry up and the arbitrage disappears, the illusion of silver's liquidity will shatter. At that point, the price won't rise gradually. It'll gap, and those left holding paper will discover just how little it's worth. I think it's just a peculiar thing going on with London because the ETFs happen to be stored there are metals has happens to be mostly stored in London. Um I think SLV has a little bit New York but the the amount of silver in uh being stored for SLV New York hasn't changed in many years. It's the same in the same JPM vault. What what changes the flow the what changes is the the vaults in London. So it's just signaling that that London which is the phys the main physical spot market for the world is shorts is short on silver not not that they're selling it short I was saying they don't have enough supply and you can see that in in the float because they have to store for the ETFs and though ETF uh storage is not anywhere near where it was in 2011 it's slowly building back to that as investment demand is growing so uh it you know silver squeeze was an interesting movement back in February 2021. Now is when it could really succeed because if people bought uh you know a bunch of silver ETFs, then uh they could they could really blow that spread out because then London would really need the silver to to be shipped there immediately. It's just so it could keep the ETFs in line with price because what would happen to these ETFs is my this is my theory that if the if SLV for example couldn't store or couldn't buy silver because there wasn't enough in London then uh then how would it be tethered to the to the SL to the silver futures price? It couldn't be tethered and then you'd have the SLV because it was was lacking shares just spiraling higher and higher and higher. And then that would that would create a feedback loop where where it would force London to import silver from anywhere it could at any price just to keep SLV under control. And then you'd have this positive feedback loop that I don't I don't know how they would get it back in control. That that's what that's what silvers was trying to achieve. And I think it could achieve that now specifically because of the spread between London and New York. But why I say it's not backwardation is because New York silver is a different good from spot London silver. According to Mises in his book, Theory of Money and Credit, he differentiates between goods in different places or technically different goods. They're similar goods, but they're different because um let's say, you know, um a bushel of wheat in a starving African country is not the same good as uh your marginal barrel bushel of wheat, you know, in some warehouse in Nebraska or whoever grows wheat is. It's very it's worth very much. It's very worth very little there but it's worth a lot in Africa or whatever country might be starving there and you know so um what backwardation would be is uh New York spot silver meaning October silver would be this month would be more expensive than let's say December future silver that we're not seeing yet but we will see that and when we see it we'll know that silver is really in backation and then things could get uh pretty spiraly >> and I think that >> but this entire setup doesn't explode until the macro fuse is lit. And that fuse runs straight through the Federal Reserve. For now, the Fed is still pretending it has control, slowly tapering, quantitative tightening, watching reserves drain, and hoping the system holds together. But underneath the surface, the stress is unmistakable. The reverse repo facility has almost nothing left. Liquidity is tightening and the SOFR rate is spiking with alarming frequency. These are not signs of strength. They're warning flares from a financial system running out of oxygen. The final sprint begins the moment the Fed breaks. And make no mistake. It will break. It always does. When the pressure becomes too great, when the Treasury's borrowing needs collide with evaporating demand for US debt, the Fed will do what it always does. pivot, cut rates, halt QT, reignite QE. But this time, the pivot won't be about policy. It'll be about survival. And when that happens, the message will be clear to everyone. The dollar is finished. And that's where silver ignites. Because gold may be the first responder in a monetary crisis, but silver is the accelerant. The minute the Fed hits the panic button, institutional flows will flood into real assets. Gold will rise, but silver will explode. Why? Because its price has been artificially depressed. Its supply chain is on life support. And its role as monetary metal is still vastly misunderstood. That misunderstanding is the opportunity. When silver is revalued as money, not just metal, the repricing will be violent. The Fed is boxed in and the market knows it. All it takes is one slip. One rate cut too soon, one liquidity injection too large, and Silver's detonation sequence begins. This isn't just about policy error. It's about a system that no longer has the tools to fix itself. And when the world realizes that, the rush into silver will make 1980 look like a test run. Um, if you read these books on hyperinflations, isolated hyperinflations in the world, um, I remember reading once, maybe it was when money dies, I forgot who the author was, but it was about VHimar and he was talking about during the late 1923 when the hyperinflation was in full swing, you had uh government agents of the um of the Vhimmer Republic just like raiding people uh and and stealing whatever hard money they had on them to try to get ahead of the hyperinflation where they had gold coins in their pockets or silver coins. And they even outlawed platinum because some people were hoarding platinum and using platinum for exchange because they couldn't use the stupid papermark that like so even back in 1923 platinum was still being hoarded as some kind of a money as some better money than paper money. Uh so the reason platinum would be disjointed not necessarily because there's a sudden demand for catalytic converters or whatever you know is the platinum is used for primarily and that's primarily catalytic converters and cars and other other strange um nichy kind of things that I really have no understanding of. I'm not I don't understand car parts or anything like that. Um, but since it is a pseudo money and the liquidity is so low, you know, uh, people could think, well, gold's too expensive. It's like $4,400 an ounce. I mean, there's probably a little bit of a physical premium on it. To get a an ounce would probably 434,400 today despite the fall. And uh, they might get some silver, but they might also want something that's more value dense just to preserve their wealth. And they don't want gold. and they think the platinum is really cheap because, you know, they think of the '9s and like, okay, well, platinum was much much more expensive in the '9s than than gold was. That's why like the platinum credit card is considered a higher line of credit than the gold credit card, you know, that's left over from that decade. So, in their mind, platinum could be more valuable. And as markets shift from industrial to monetary, industrial demand is demanded by the creators of whatever uh piece of capital equipment they're producing for industry, right? Or consumer good. But monetary demand is by definition everyone. So even the slim amount of monetary demand would be more than the very specialized industrial demand for platinum. If you have even a tiny percentage of monetary wakeup of people looking for a preservation of value and they don't want gold because it's too expensive then they they'll see platinum is cheaper so want to take that maybe they'll go for it and that could overwhelm the very very thin platinum market as it's overwhelming the silver market which is why you're seeing all this disjointing through London and New York. What that what that means just very broadly in a broad broad brush strokes is that the moni the monetary demand for silver is starting to wake up and the silver market is not it's not structured for that. It's structured for silver as a commodity and it doesn't have the capacity to satisfy the demands of people are demanding silver suddenly as money because they're panicking. >> If you want to know when silver will truly go vertical, look no further than the gold silver ratio. Right now, it's quietly screaming for attention. Historically, whenever the ratio sits above 70, it signals that silver is deeply undervalued compared to gold. And today, despite a modest decline from last year's high of 94 to1, we're still hovering around 79 to1. That's not normal. It's a setup. Because in every major precious metals bull run, silver doesn't just follow gold. It slingshots past it. And the GSR is the road map for when that happens. Back in 1980, the ratio collapsed to as low as 15 to1. In 2011, it dropped into the 30s. Each time it marked the peak of silver's outperformance and the moment when speculative frenzy took over. What triggers this reversal? Monetary panic. As faith in the currency evaporates, gold becomes the first choice. But silver is the levered bet. It's cheaper, more volatile, and when the crowd piles in, the price responds with nuclear force. The current ratio is like a stretched rubber band waiting to snap. And every week that gold inches higher while silver drags its feet, the tension grows. But it won't stay like this forever. As soon as the monetary panic spills over, silver's discount to gold will disappear and then some. A move from 80 to 1 to 40 to1 would already mean silver doubling. A return to 20 to1, that's silver near $250 an ounce if gold holds steady. And if gold rises in tandem, we're talking price levels most investors can't even imagine. But here's the key. The gold silver ratio isn't just a price indicator. It's a signal of structural imbalance, an imbalance that always resolves violently. And with every uptick in investor fear, with every new rate cut or liquidity event, that resolution draws closer. The ratio is warning us. Silver's moment isn't coming. It's already loading. Down the rabbit hole of um manipulation, the banks are in charge and and they'll be in charge forever and there's nothing we can do and they're going to smash slow down. It's going to be the same. magic. Don't get caught in these loops um that are unprovable um that there's nothing you can do about them. Like how are you going to stand up? If you think JP Morgan is all powerful, okay, fine. You think JP Morgan is all powerful. What are you going to do about it? Um just when when your brain goes into these into these dark places, just like you know, look where we are now. The 4,000 is a support zone. That's it. just just just calm down and and know that these sell-ups are going to happen until the final printing round kicks in. So just just take it in stride, relax, and don't don't get too po being too negative. Being too positive is just as dangerous as being too negative. Like when when gold was first hitting 4,400, we're like, "Oh, wow. It's going up hundreds of dollars a day. It's going to go up to 5,000 tomorrow." Maybe it could have, but but it didn't. But we also have to be ready for that. So be be ready for for serious ups and downs that are going to uh make you nauseous if you follow them too closely and just know where the endgame is. The endgame is where the dollar gold silver exchange rate doesn't matter at all because no one's going to want any dollars. It's just going to be how much do things cost in gold and silver? That day is coming and it's coming soon and let's just wait for it. >> But silver isn't the only metal flashing warning signs. Platinum is already whispering what's coming. In a year where precious metals have struggled to gain mainstream traction, platinum has quietly surged over 50% from its lows, outperforming even gold. Why? Not because of catalytic converters or jewelry. This isn't about industry. It's about money. Investors are beginning to treat platinum like a store of value. And that subtle shift is revealing something much bigger beneath the surface. You see, platinum is a tiny market, much smaller than silver and far less liquid, which means when monetary demand enters, even in small amounts, it causes massive price moves. And that's exactly what we're seeing now. With its historic discount to gold still intact, value focused investors are waking up to the metal's monetary potential. They're buying not because they need platinum, but because they no longer trust the system. This matters for silver because the dynamics are nearly identical but on a much bigger scale. Platinum is acting as a test case, a dry run for what happens when real monetary fear hits a metal market with no slack. And if this is what platinum can do with just a hint of demand, imagine what silver will do when the full force of the investment world crashes through the door. This isn't just about performance. It's about sequence. Platinum is first because it's small and overlooked. Silver is next because it's essential, accessible, and still massively underpriced. Platinum's rally is the canary in the coal mine. It's the early tremor before the earthquake. And if history is any guide, when silver starts to move, it won't walk. It'll run. Because unlike platinum, silver has something even more explosive behind it. a massive global army of retail investors, a broken paper market, and a supply chain teetering on collapse >> with with a retailer you trust who won't cheat you. And there are plenty of those. Um, you know, Miles Franklin is one. I wouldn't I'm not worried at all about them. Um, you know, certain coin shops that I know, I'm not worried at all about them. Uh but if you if you have a perspective like which if your perspective is which physical silver should I buy so that I can have more dollars uh 6 months from now than I had before when I sell it back for dollars. That's not where I'm coming from at all. Like I'm not going to sell I don't intend to sell any of my silver for dollars. I intend to sell my silver for stuff. In other words, I intend to buy things with the silver because I don't think the dollar is going to work. And so then the question from my perspective is which coins will be taken the most easily in a market where people are actually handing coins to each other because credit is dead. So I'd say probably government coins would be more liquid. Uh I mean just because they're more recognizable. Um whereas if you have if you have um you know a silver ounce that's a round from some mint that has a nice uh a very pretty picture of it of something that nobody's ever seen before, it'd probably work. It' probably be okay because there they test it and they'd figure it out that it's real and they would offer they would sell to you. But I think it would just be easier if you want to get in out shake shock without, you know, people having to, you know, bring their scales or bring their electro magnetic whatever sensors to check that it's real. If you don't want to deal with that, just get junk silver, quarters, dimes, and nickels that people recognize or wherever whatever country in some legal tender that is in your country that people would recognize. It would just be easier. But I don't I don't think the difference is that great. Just before we get going, we just launched the official Silver News Daily Telegram. To kick things off, we're running a 10oz silver giveaway. Yes, real physical silver, not a voucher, not digital credits, actual bullion. This Telegram will be our new home for real-time silver discussions, market insights, collection picks, and everything precious metals. It's where the community truly comes alive. Here's how to enter the 10oz silver giveaway. Be subscribed to Silver News Daily on YouTube. Turn on the notification bell, comment 10O giveaway on three separate videos. Be an active member of the Telegram group and say hi. Once we hit 500 active Telegram members, we'll pick one lucky winner to receive 10 ounces of silver shipped directly to you. So, get in early. Stay active. Only question is, what do you have to offer to get people to to give it to you? H how much how much are they going to go for? Right. We've seen we've seen the the staggering amounts of silver in New York vaults. It's still like it's still above 500 million ounces which until until like you know four four or five weeks ago or whatever it was it was an all-time record. The s there is silver. There's a lot of it. You know even London has a lot of silver. It's just most of it is being stored in ETFs and in New York most of it's being stored by who who knows who is owns this stuff. It's there. It exists. It's just people aren't selling it for the $50 that that the exchanges say that it's worth now. So, what does the price have to go up to in order for this silver to be dispersed, you know, to the masses or to whoever wants it? It's probably prices are going to have to go up. Um, and in in the meantime, you have these um these market actors that can mess with the price. I'm not saying in a nefarious way. It's just um I don't know exactly what is causing it. the silver to sell off a few days ago specifically then. But um you know there is a lot of silver. It can it can get loose. The question is how many dollars do you have to pay for it? >> This is it. The moment when everything collides. Monetary panic, structural failure, and a market unprepared for what's coming. Silver isn't just set to rise. It's primed to detonate. For years, the system has relied on paper contracts, fractional reserves, and the assumption that physical demand would never overwhelm supply. But now, that assumption is dead. Vaults are emptying, ETFs are cornered, the Fed is boxed in, and the gold silver ratio is stretched to breaking. Every pressure point we've discussed is converging into a single irreversible moment. That moment is detonation. When it hits, the price won't climb. It'll gap. $50 will vanish in an instant. Then $100, then $250. And when the dust settles, we won't be asking if silver can hit $500. We'll be asking if that's just the beginning. This isn't a bubble. It's a repricing event, a monetary reawakening, a full-scale collapse of the illusion that silver is cheap, abundant, and unimportant. That illusion is gone. And when the market realizes it, the chase for physical metal will become frantic, chaotic, and global. You won't have time to react when the stampede begins. The moves will be fast, the premiums will explode, and those still holding paper will be left watching from the sidelines as real silver escapes their reach. If you're seeing the signs now, you're already ahead of 99% of investors. But the window is closing. The monetary fuse has been lit and the silver bomb is ticking louder with each passing day. Subscribe now if you want to stay ahead of this historic financial shift. And remember, this is not financial advice. Always speak to a licensed professional before making any investment decisions.