Ray Dalio: COMEX Has 27 Days Left — The Silver Default Nobody Is Talking About

Video Description

Ray Dalio breaks down the COMEX silver delivery crisis and why February 27th, 2026 could be the most important date in precious metals history. With 366 million ounces of open interest against only 102 million ounces of registered physical silver, and 26% of COMEX inventory withdrawn in a single week of January, the math behind a potential silver default has never been more alarming. This video covers why Samsung bypassed exchanges entirely to lock up an entire mine's silver output, how China's export restrictions cut 60-70% of global refined silver supply, why the LBMA and COMEX are simultaneously under maximum delivery stress, and the five-step action plan for positioning before February 27th. If you hold silver ETFs or paper silver positions, understanding the difference between paper claims and physical allocated silver could be the most important financial decision you make in 2026. Learn why the LME nickel crisis of March 2022 is the perfect template for what could happen next, why physical premiums surging above paper prices is the critical signal to watch, and why the six-year consecutive supply deficit makes this delivery crisis unlike any before. Ray Dalio has studied commodity market failures for fifty years. This is his analysis of the COMEX silver countdown.