Market speculators are dumping silver futures

Are institutional investors trying to bring silver prices down?

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Global Markets Investor
January 27, 2026

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GLOBAL MARKETS INVESTOR’S PORTFOLIO IS 🔥UP +93%🔥SINCE JANUARY 2024

DURING THE MARCH-APRIL 2025 MARKET TURMOIL, MAJOR US INDEXES FELL NEARLY 20%, WHILE THE GMI PORTFOLIO GAINED OVER 5%, FIND OUT HOW BELOW:

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Hedge funds and other speculators on COMEX reduced their silver futures positioning by ~15,000 contracts over the last couple of weeks.

Since June, they have cut positioning by ~40,000 contracts.

This brings their net positioning down to the lowest level since early 2024.

Furthermore, silver-backed ETF holdings have declined by ~25 million ounces, to the lowest since mid-December.

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Meanwhile, silver prices had a WILD session on Monday, rising +10% to an all-time high of $117.5/oz, and subsequently falling -13% to $101.5.

Since then, silver is up another +11%, to $112.5.

All while the Shanghai silver price premium over Western prices spiked to $26 per ounce.

To put this into perspective, the previous record was ~$7 during the 2011 precious metals market rally.

Shanghai silver prices have exceeded $130 for the first time in HISTORY.

These premiums signal severe physical silver shortages in China and domestic demand that the market cannot satisfy.

Physical silver demand in China unprecedented.

The big question now is: is the top in?

⚠️CHART OF THE WEEK: Silver and gold prices hit $100 and $5,000 per ounce for the first time

Precious metals are rewriting investing history

globalmarketsinvestor.beehiiv.com/p/chart-of-the-week-silver-and-gold-prices-hit-100-and-5-000-per-ounce-for-the-first-time

What exactly is happening in the Japanese bond and FX markets?

Why there is so much disruption in the world's third-largest bond market?

globalmarketsinvestor.beehiiv.com/p/what-exactly-is-happening-in-the-japanese-bond-and-fx-markets

INVESTMENT PORTFOLIO UPDATE (January 26, 2026)

Please find out an update about my market positioning - only for Founding Members

globalmarketsinvestor.beehiiv.com/p/investment-portfolio-update-january-26-2026

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