Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / The Silver Rigging? 🧐 Why Miners See $70 Silver vs COMEX $55 #shorts
Transcript
- 0:00During the fourth quarter of 2025, the silver price was on
- 0:04average. The average for October,
- 0:06November, December was $55 per oz.
- 0:09That was the average over the entire three month period.
- 0:13When you take all 90 days and divide it by 9, you know how to
- 0:17figure out an average. OK, so Hekla, the America's
- 0:22biggest silver mining company, and 1st Majestic, who happens to
- 0:25own our sponsor first, meant right.
- 0:28They should have on average sold their silver for around $55 per
- 0:32house because that's what the comex price says that it was on
- 0:37average for the whole month. But guess what, it was a little
- 0:41bit different. OK, let's go take a look what
- 0:44people were actually paying for hecklers.
- 0:47December quarter is the cleanest towel.
- 0:49The company reported an average silver price sales price of
- 0:55almost $70 in Q4200025. How could that be?
- 1:02If the COMEX says the average silver price was $55 in Q4, how
- 1:07could Hekla be selling physical silver for $70.00?
- 1:11But wait, there's more, because it says here.
- 1:15Then First Majestic comes in and confirms the pattern
- 1:18independently in its Q Four 2025 highlights.
- 1:22First Majestic reported an average sales price, also of
- 1:27almost $70 per oz. Says two different producers,
- 1:31two different sales books, Same result.
- 1:33Negotiated physical price is running well above what the
- 1:38futures market says it is. OK, that's the real story.