Thread by @honzacern1

1/9

🚨 STACKERS, WAKE UP.

This is the moment we’ve been watching for years.
The silver paper house of cards is starting to crack.
February 2026 set the stage — March could be HISTORIC.

2/9

📦 February 2026 deliveries: INSANE.
In just the first few days:

➡️ ~19 MILLION ounces taken physically.

That’s nearly ALL of last February’s deliveries — in under a week.

Even more telling: ~98% of open interest stood for delivery.

Buyers don’t want paper. They want REAL METAL.

3/9

📊 Now look at March 2026:

• Open Interest: ~80,500 contracts
• That’s OVER 400 MILLION ounces demanded
• COMEX registered (deliverable) silver: ~103 MILLION ounces

Do the math.
If even 25–30% stands for delivery like we’re seeing now…

👉 THERE ISN’T ENOUGH SILVER.

4/9

🌍 This isn’t isolated. The drain is GLOBAL:
🇨🇳 China (SHFE + SGE):

• Less than 30 MILLION oz left in visible vaults
• They’re absorbing metal aggressively

🏦 LBMA estimates:
• ~150M oz global free float — total

That’s not abundance.
That’s tightness.

5/9

🚨 Silver lease rates just spiked above 6% — highest in years.
This is the canary in the coal mine.
Banks are paying up to borrow metal to cover shorts.

High lease rates =

• Physical scarcity
• Stress in the system
• A classic squeeze setup

Only this time… it’s bigger.

6/9
🧠 Stackers, let’s be honest.

While the world chased:

• Fiat illusions
• Paper promises
• “It’s just a pet rock” narratives

YOU stacked real money.
You survived the dips, the suppression, the mockery.
Now the system itself is blinking.

7/9
⏳ The next 2–3 weeks matter.
📅 First Notice Day: Feb 27

Possible outcomes:
• Massive short covering
• Violent price discovery
• Cash settlements — or worse

If March follows the 3–4× delivery trend of recent years?

👉 200M+ oz demanded.
That’s GAME OVER for paper games.

8/9

🪙 To every silver stacker reading this:

• HOLD STRONG
• ADD if you can
• Remember why you stacked

Not for quick flips —but for generational wealth.
The screen price lies until physical forces the truth.

9/9

We’re weeks from potential default territory.
Paper silver is being exposed.
Physical silver is reclaiming its role.

Stackers win. Always.
Who’s still stacking in 2026? 👇
Reply & RT — let’s wake the community.#PhysicalSilver
#SilverSqueeze
#COMEX

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