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The silver market just shifted. Today, Friday, February 20th, 2026, we are witnessing a decisive snapback. After hitting a low of $75.44 on Tuesday, silver has surged back to $78.88 as three critical catalysts converge: Hong Kong’s high-conviction reopening, the release of the Fed’s preferred PCE inflation data, and the Silver Institute’s confirmation of a sixth consecutive annual structural deficit. In this briefing, AG analyzes why the "Year of the Horse" opening in Asia just set a bullish floor for the entire metals complex. With the HKGX Chairman projecting $6,000 gold by Q2 and institutional giants like JP Morgan and Goldman Sachs refusing to back down from their targets, the January crash is increasingly looking like a massive leverage flush—not a fundamental shift. Inside the Intelligence Report: The Hong Kong Signal: Why the HKGX Chairman’s public projection of $6,000 gold is a "physical demand" alert. Technical Structure: Breaking down the "Higher Lows" pattern and why today’s $78.50 weekly close is the line in the sand. The PCE Impact: How today’s 2.81% inflation print (Cleveland Fed model) determines the Fed’s next move and silver’s momentum. Structural Deficit 2.0: Deep dive into the Silver Institute's 2026 outlook and the projected 67-million-ounce shortfall. The Institutional Scorecard: Why BofA, Saxo Bank, and UBS are holding their $135+ silver and $6,000+ gold targets. The buyers are back, the liquidity is returning, and the February 27th COMEX reckoning is just 7 days away. Subscribe to AG for data-driven analysis of the global silver recovery. Stay ahead of the move. hashtags #SilverPrice #SilverSnapback #MarketAnalysis2026 #HongKongGold #PCEData #SilverSqueeze #COMEX #GoldPrice #FinancialWarfare #Investing ⚠️ OFFICIAL DISCLAIMER: This content is for educational and informational purposes only and is intended as "Financial Warfare Education." This is NOT financial, investment, or legal advice. Precious metals and futures trading involve significant risk. Always conduct your own due diligence and consult a licensed professional before making any financial decisions. The creator (AG) is not a registered financial advisor.