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Will the COMEX default in March?

You’ve probably seen the headlines: 400 million ounces of open interest… only 100 million ounces of registered silver… “This isn’t speculation, it’s a math problem.”

Sounds terrifying. But is the COMEX actually at risk of default?

In this video, Alan Hibbard breaks down the viral claims circulating right now — what’s accurate, what’s misleading, and where the logic completely falls apart.

He covers:

– The “98% delivery rate” claim (and why it’s a denominator error)
– Why February and March aren’t comparable months
– What a COMEX “delivery” actually means (hint: the silver doesn’t move)
– His honest take on the odds of a March default

Plus — why you shouldn’t want the COMEX to break, even if you’re bullish on silver.

Related: Watch my 2026 Silver Price Prediction → https://goldsilver.com/industry-news/video/best-investment-of-2026-silvers-setup-is-hard-to-ignore/
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Author

Shin John
Shin JohnYtv Market News
Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.