Скачать или смотреть LONDON BROKE: LBMA Suspends Physical Delivery (Why $106 Paper Silver Just Became Worthless)

LBMA Suspends Physical Delivery — Why $106 Paper Silver Just Became Worthless & Physical Hit $147

This is an emergency breakdown.

At 3:47 PM GMT on Wednesday, January 28th, 2026, the London Bullion Market Association (LBMA) — the backbone of the global precious metals system for 129 years — announced a suspension of physical silver delivery.

That single decision split the silver market in two.

📉 Paper silver (futures, ETFs, certificates): $106

🪙 Physical silver (bars, coins, real metal): $147+

🔥 Instant premium: +38.7% and widening

This is not a correction.
This is not volatility.
This is a structural break.

The paper market can no longer deliver metal.
And once delivery dies, price discovery dies with it.

⚠️ WHAT THIS VIDEO BREAKS DOWN (STEP BY STEP)

The exact LBMA announcement and why the wording matters

Why a “temporary suspension” is effectively a default

How cash settlement replaces metal delivery — and who loses

Why the paper price instantly became meaningless

How a two-tier silver market formed in real time

Physical pricing from London, Shanghai, Mumbai, Dubai & Zurich

Why COMEX is next if London can’t deliver

The historical parallel no one is talking about: LME Nickel 2022

How ETFs like SLV are structurally exposed to LBMA vaults

Why unallocated silver holders are now trapped

The difference between allocated vs unallocated metal

What happens when industrial buyers can’t source silver

Why paper silver can fall while physical explodes higher

The cascading domino effect across exchanges, ETFs, and sovereign buyers

Why this moment permanently changes the silver market

This isn’t opinion.
It’s market mechanics.

🔍 WHY THIS EVENT IS HISTORIC

The LBMA has survived:

Two World Wars

The Great Depression

The collapse of Bretton Woods

The 2008 financial crisis

But it just suspended physical delivery.

That has never happened in LBMA history.

When an exchange can’t deliver what it sells, trust is gone — and trust is the only thing holding paper markets together.

🧠 PAPER VS PHYSICAL — THE GREAT SEPARATION

If silver were truly “crashing”:

Dealers would be flooded with metal

Premiums would collapse

Inventories would rise

Instead:

Dealers raised prices

Inventory vanished

Delivery times exploded

That tells you everything.

Selling was paper.
Buying was physical.

⚠️ IMPORTANT CONTENT DISCLAIMER (PLEASE READ)

This video is for educational and informational purposes only.

This is NOT financial advice

I am NOT a financial advisor

Nothing here is a recommendation to buy or sell any asset

The episode discusses market mechanics, historical precedents, and a hypothetical scenario based on how exchanges handle delivery stress, force majeure, and cash settlement.

Any references to exchange actions are discussed as scenario analysis and should be independently verified through official statements and credible reporting.

Markets involve risk.
Always do your own research and consult a qualified professional.