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UNITED STATES 60% of COMEX Silver Vanished in 4 Days — Is the Paper Market Breaking? Over 47.6 million ounces of silver were claimed from COMEX vaults in just four trading days — wiping out nearly 60% of registered inventory almost overnight. Mainstream media barely mentioned it. Bloomberg didn’t explain it. But the data tells a very different story. In this video, I break down the largest COMEX vault drain in modern history, cross-referencing: COMEX delivery reports Bank of America’s December 2025 commodities forecast London silver lease rate spikes Backwardation data Shanghai Futures Exchange inventory levels What emerges is deeply concerning for the paper silver market — and potentially explosive for physical silver prices. 📊 What This Breakdown Covers Why COMEX registered silver collapsed from ~229M oz to ~138M oz What London lease rates spiking to 35% really signal Why backwardation is flashing physical scarcity What Bank of America’s actual silver model assumes — and what it ignores Allegations surrounding JPMorgan’s massive physical silver repositioning Why industrial demand (solar, EVs, AI data centers) changes everything How today’s setup differs from the 1980 Hunt Brothers squeeze Three possible price scenarios for silver — conservative, aggressive, and corrective The 4 real-world indicators I’m tracking daily to confirm which scenario is unfolding This is not price hype. This is market structure, physical supply stress, and institutional behavior intersecting in real time. ⚠️ IMPORTANT DISCLAIMER: I am not a financial advisor. This video is for educational and informational purposes only. Nothing in this video constitutes financial, investment, legal, or tax advice. Always consult with qualified professionals before making investment decisions. The views expressed are my personal analysis and interpretation of publicly available data. Past performance does not guarantee future results. All investments carry risk. 🔔 Subscribe for more economic analysis and financial education content.