Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136
Secure Private Ordering
We use the latest online security processing,
so your order is safe & private.
We DO NOT disclose any customer
information to ANY third party company.
Our customer privacy is our priority.
Over 30 Years Experience
Park Avenue has over 30 years
experience buying and selling
Rare Coin and Precious Metals.
We have the knowledge and
ability to provide our customers
with the best products and services.
5.1.26 - The Comex Silver Crisis is Real
5.1.26 - The Comex Silver Crisis is Real
Gold last traded at $4,615 an ounce. Silver at $75.41 an ounce.
The Comex Silver Crisis is Real -ZeroHedge
The current state of the COMEX silver market reflects a tightening structure. Registered inventories have declined to just under 80 million ounces, while open interest has fallen to levels not seen in over 15 years.
That combination is significant. It indicates that market participants are stepping back from paper exposure at the same time the pool of deliverable metal is shrinking.
This retreat from paper is occurring against a backdrop of persistent physical demand. China's import appetite remains elevated, continuing to draw silver out of the global system and away from Western exchanges. At the same time, one-month lease rates have turned positive.
In practical terms, this means the cost to borrow physical silver has risen, reflecting tighter availability and a growing premium on immediate access to metal. This is a key confirmation signal. Inventory data shows the drawdown, while lease rates show the stress in sourcing.
