Silver flash-crashed 44% from its January high in a single week. What the price chart didn't show was happening inside the delivery system.

Two monetary and currency paradoxes emerge as the war rages. First, there is likely an immediate episode of some monetary disinflation, never mind the widespread concern about a looming jump in consumer prices. 

While the paper-driven silver price swings all over the place, the Chinese have been gobbling up physical silver. China imported 790 tonnes of silver through the first two months of 2026, with 470 tonnes flowing into the country in February alone. 

The “greatest economy ever,” as the king and all the king’s men (and women) keep calling it, is creating the greatest private-credit crisis ever. A crisis that is increasingly being described as something that could rapidly achieve critical mass like the Great...

The silver price has come down almost 50% from its January all-time high of over $121 per ounce, but what's happening behind the scenes, especially in China, tells a much different story.

Silver had a phenomenal 2025, more than doubling from around $30/oz to above $70 by late December, and the rally continued into the new year. Since then, however, silver and gold have both been volatile.

We finally saw the long-awaited silver squeeze drive the price well past the long-heralded $50 mark last year, and eventually get as high as $121.76.

Our long term stocks/bond model remains in favor of equities over bonds. Trend is down. Cycle is down. Correction in progress.

The dot plot delivered the bearish scenario on March 18. Silver fell. And the structural forces underneath the market didn't move by a single ounce.

The weakening Labor Market is reducing the flow of passive dollars into the stock market. Both labor supply and labor demand are falling in tandem.

On March 17, the U.S. national debt slipped above $39 trillion. If you're thinking, 'Wow, it seems like we just crossed the $38 trillion threshold,' you are correct. It was a mere 150 days ago on October 21. As of March 17, the national debt stood at $39,016,762,910...

The set-up for silver is now nothing short of extraordinary. In fact, it is unprecedented.

Silver pulled back from its $88.80 session high on March 10 to around $80–81 as of this writing. If you're watching that number and feeling uncertain, I understand the impulse. A 9% decline in a week invites doubt.

This has never happened before in the silver market. And it's a pretty rare event in capital markets history. What am I talking about? Well, it's a couple things. It's not only is it the breakout from a 45 yearlong base, the only base in capital markets history that...

I know you remember how silver crashed 36% in a single day back on January 30th, and now the BIS has revealed what they feel is the primary reason why.