Silver Price Smash AGAIN - What_s Next_ _ Craig Hemke

"Silver just got hammered—down 35% from its January peak. The headlines are screaming 'crash.' But according to Craig Hemke of TF Metals Report, this isn't the end of the bull market. It's a structural shakeout engineered by paper markets that are rapidly losing control."In this urgent episode, we sit down with Craig Hemke to break down exactly what's happening to silver—and what comes next. The World Silver Survey 2026 confirms the sixth consecutive year of structural deficit, now projected to widen to 46.3 million ounces[citation:3][citation:9]. Since 2021, a staggering 762 million ounces have been drained from global inventories—a drawdown with "no modern precedent"[citation:6].But here's the twist: demand is falling, yet the deficit is still getting worse. Total silver demand is forecast to drop 2% in 2026, while supply is falling faster—down another 2%[citation:3]. When both sides shrink but the gap widens, the physical market is tightening, not loosening.Hemke points to the COMEX margin hikes—two in recent weeks—as the primary trigger for the selling cascade[citation:5]. But he argues the physical bid remains strong, with Shanghai premiums persisting at 13% above London prices—a gap that cannot be arbitraged[citation:2]. Meanwhile, COMEX open interest has collapsed to historically low levels, with speculators now dominating what remains[citation:2]."Don't look at it and go, 'Oh, it's too expensive,'" Hemke warns. "Your currency is just getting weaker and weaker, and that trend is not going to change"[citation:1]. Coin and bar demand is forecast to rise 18% in 2026 as U.S. buyers return[citation:9].The paper smash is noise. The physical shortage is real. And patient investors at these levels may look back at $70 silver as the last great entry point. Press play for Hemke's full breakdown of what's next.