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Silver Stage Set for Delivery Meltdown: Keith Neumeyer Dissects COMEX, LBMA CRISIS!

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by ITM Trading
Friday, Nov 07, 2025 - 16:51

Keith Neumeyer isn’t mincing words. The First Majestic CEO, long dismissed as a silver bull, now warns that the real crisis is here: a “huge physical shortage” hitting both the LBMA and COMEX. With inventories plunging 33% and 29 million ounces vaporized in a month, emergency airlifts are scrambling to plug the gaps.

“Paper trading can’t hide reality anymore,” he says. After five years of structural deficit, silver’s paper illusion is cracking — and Neumeyer’s calling for $100 silver and $5,000 gold. If he’s right, the next melt-up won’t be digital — it’ll be physical.

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About ITM Trading: ITM Trading has been a trusted leader in precious metals for over 28 years, helping clients protect and grow their wealth with custom gold and silver strategies designed for economic downturns and currency resets.

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