$XAG is acting like a coiled spring right now. While oil is mooning, silver is playing it cool, but you can’t fight economic gravity—high energy costs always eventually ignite metals.

The fact that COMEX contracts are closing rather than rolling over is a huge tell: paper trading is drying up, and everyone wants the physical stuff.

With Open Interest at rock bottom, any major buyer could send prices to the moon. We’re likely witnessing the moment where paper manipulation finally breaks against real-world shortages.

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