The Silver Market May Be Closer to Breaking Than It Looks | Andy Schectman
The Deep Dive May 4, 2026
Summary
Physical silver is steadily leaving the COMEX system, creating a shrinking cushion between open interest and registered metal that could trigger a market break.
U.S. deficit spending and deteriorating debt fundamentals are driving a larger macroeconomic shift, positioning gold as a long-term wealth preservation asset.
Current price weakness in precious metals is misdirection from paper markets rather than a true reflection of underlying physical supply and demand dynamics.