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Is COMEX Prepared for Silver’s Structural Shift?

#Silver is no longer just an industrial metal. It has become strategically embedded in energy systems, advanced technology, and defence infrastructure.

But the Western benchmark for silver remains anchored to #COMEX, a futures market built around leverage and probabilistic settlement.

So what happens when a tightening physical market sits beneath a highly leveraged paper system?

In this episode, we examine silver’s structural rebalancing and whether margin tightening, delivery participation, and shrinking registered inventories signal a shift from paper dominance toward physical gravity.
This is not about squeezes or headlines.

It’s about structure.

If something is changing in silver, the signals will show up in open interest, vault levels, spreads, and margin #policy.

We’ll be watching.

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