🚨 SILVER HAS HIT $100 FOR THE FIRST TIME IN HISTORY.
And this could be the beginning of something worse for the big banks and exchanges.
For years, big banks have been aggressively shorting Silver.
On the other hand, exchanges like COMEX have been issuing paper contracts of Silver.
At this point, there are 300+ oz of paper Silver contracts for every oz of physical Silver.
At $30 Silver, no one was interested in owning physical Silver.
But now, everything wants the real Silver instead of a paper contract.
This means, there could be a massive repricing as you can't mine 300x more silver overnight.
And that's not all.
Looking at the actual demand side, Silver is becoming even more scarce.
- China has already implemented Silver exports restrictions - Just the Solar demand is taking 30% of annual production - AI hype is going parabolic and data centers require Silver for massive conductivity as they took almost 40% of annual production.
This means the demand is surging even more while supply is getting scarce.
And every time, this results in just one thing.
A massive rally to the upside.
And when that happens, big banks short positions will be in huge trouble.
COMEX won't be able to fulfill the paper contracts.
And the markets will probably enter a Supercycle, but it'll be of "Precious Metals".