Topic: Lbma

Inventories at the LBMA and Comex are reportedly being drained as capital flees paper systems. The concept of "The Great Taking" is discussed, where banks maintain ownership of depositor assets. Recent silver price volatility is explained as a result of short sellers being squeezed and forced into liquidations.

The American silver dollar was originally based on the Spanish "Piece of Eight," the world's dominant currency during the American Revolution. Bracken notes that China has recently banned silver exports, removing its supply from the global pool managed by the LBMA and ComEx. He predicts that the U.S. will eventually be forced to blockade silver from Mexico and Peru to prevent it from reaching China.

Dr. Kirk Elliott reports that the LBMA vaults in London are projected to be depleted of silver within four months. This coincides with a February 2026 executive order by Donald Trump that will allow $12 trillion in 401k assets to be invested in alternative assets like gold and silver. Elliott also notes that the government shutdown allows Trump to downsize the federal workforce without the usual legal recourse.

Reports from TD Bank and the LBMA indicate that London's free-floating silver inventories are reaching critically low levels, with total depletion possible within four months. This scarcity is driven by massive industrial requirements for silver in solar panels, electric vehicles, and AI hardware. The depletion of stockpiles is expected to lead to convex price increases as manufacturers scramble for remaining supplies.

Major banks allegedly shorted 483 million ounces of silver in a single day, representing 57% of global annual production. This massive short position, combined with Trump's 50% tariff on copper, is expected to trigger an explosive "short squeeze" in silver prices. Reports from the LBMA and Comex indicate that "free float" silver is at its lowest historical point, suggesting a physical supply shortage is imminent.