RE: AI guy and clones25 Jan 2026 11:51
The problem is there are so many Asian AI clones, so it becomes increasingly difficult to sort the wheat from the chaff. Most of what the guy says seems to be partly true but they are bending the "truth" possibly to suit their agenda or maybe just to make their videos more exciting and to generate views/subscribers.
I watched one video today saying spot is $103 in the USA but people are paying $130 in China and even $150 in some countries. They were making out the COMEX either needed to gap up to nearer $130 or risk creating a "silver run" where people holding paper promises would request their physical silver on Monday. In the comments people in those areas said it was still around $110 in China, Dubai etc so this video was just for shock value.
One video was saying there could be 300 derivatives for each physical ounce of silver available. These derivatives are ETFs, silver futures, people betting on silver longs and shorts. One way the COMEX attempts to control disorderly markets is to make margin calls for over leveraged speculators. This gets the people with silver long contracts to deposit $50K cash to continue holding their paper contract or for the paper silver contract to be liquidated (to be sold for longs, bought for shorts). This is supposed to be a trick that COMEX uses to slow down rises - they tried this 3 times in late December and after an initial dip, silver kept rising. IMO COMEX is getting low on available silver and may run out sometime before April if silver holders request silver rather than COMEX going boom tomorrow.
I'm not a silver expert and only started buying some physical silver in November last year after procrastinating for too long! I have owned shares in several mining companies for several years though, so I'm bullish on commodities.