FELIX PREHN DAILY MARKET NEWS By Goat Academy · Felix Prehn

Felix Prehn - COMEX Silver Runs Out on THIS Date… Here's the Real Plan + Stock Market News 07 February 2026 (Goat Academy)

February 7, 2026·35 min·1 clip

5:1 contract-to-silver ratio—if 10% demand delivery, vaults are empty

Felix Preen opens with a blunt claim about COMEX silver supply. The exchange, he says, has roughly 103 million ounces available for delivery right now. That sounds big until he sets it beside more than 400 million ounces of open contracts. He frames the gap as a dinner problem: not enough plates for the crowd showing up. February 27, the first notice day for March delivery, becomes the date to watch. The vaults are draining by about 785,000 ounces a day, and he treats that pace as the real story. The math is the warning. If the outflow keeps going, the market does not get to pretend the physical side is optional. He says the delivery rate is running near 98 percent. More than 18 million ounces have already been delivered this month. That suggests buyers are not just trading paper for fun. They want metal in hand. Felix says dealers are telling him delivery may not arrive until June or July. He treats that as proof that the physical pipeline is tight. From there, he moves into why anyone would buy paper silver and convert it. Profit matters. Greed matters. So does speed. He also floats the idea that industrial users may be getting involved, looking for supply faster than miners can promise it. He uses chip manufacturing and robots as examples of demand that cannot wait around. The argument stretches beyond silver. Felix ties the squeeze to the broader economy and even to AI, insisting that metals sit under the tech story whether people notice or not. He keeps the tone urgent and skeptical throughout. The show is less interested in calm analysis than in exposing pressure, contradiction, and timing. Winston joins the push by helping hold the numbers in place while Felix translates them into plain English. The episode keeps circling the same core claim: paper silver can look liquid until physical delivery starts asking hard questions. Felix does not pretend to know exactly how the market resolves the tension. He does insist that something has to give. The close leans into that uncertainty with a mix of warning, sarcasm, and a promise that the next move will be worth watching.

As heard by us

Felix Preen turns COMEX silver into a deadline story, backed by delivery data and a looming March notice date.

Felix Preen treats COMEX silver like a clock running down. The numbers do the work: 103 million ounces available for delivery, more than 400 million ounces in open contracts, and February 27 set as the first notice day for March delivery.

Read the full review in PlayNext →

Why you'd press play

Silver supply math, a March delivery countdown, and a market where the vault numbers do not add up.

Read the full recommendation in PlayNext →

Listen to the show on

Apple Podcasts Spotify

Play clips from this episode More from FELIX PREHN DAILY MARKET NEWS By Goat Academy