COMEX FRAUD CONFIRMED Treasury Audit Finds 94% Missing Silver (DOJ Case)

The U.S. Treasury just released an audit that could become one of the most important credibility shocks in modern commodity history. The report claims COMEX “registered” silver inventory was massively overstated — and that raises a brutal, simple question: if physical delivery is the foundation of futures pricing… what happens when the metal isn’t actually there?

In this investigative documentary breakdown, we walk through the audit numbers, how COMEX inventory reporting is supposed to work (registered vs eligible), and why the Department of Justice escalation toward a criminal probe — including RICO language — is being treated as a historic turning point. Because once a delivery-based market loses trust, price discovery stops behaving like a normal chart. The screen price becomes a reference… while the real physical silver market starts moving somewhere else.

We connect the dots between paper claims vs physical supply, the hidden risks of concentrated short exposure, and the two outcomes markets fear the most: emergency cash settlement rules or outright default pressure. This is not a silver price prediction video. This is a mechanics video — and mechanics are what decide who gets the metal… and who gets a receipt.

Watch to the end, because the real story isn’t only silver. It’s what this event implies about every market built on confidence, reported inventories, and institutions policing themselves. If the audit is accurate, this isn’t just a “market move”… it’s a structural break.

If you think the paper system can survive this, tell me why. If you think it can’t, what breaks next?

TIMESTAMPS:
00:00 Treasury Audit Bombshell: “94% Empty” & Why It Matters
02:35 COMEX Explained: Registered vs Eligible & Delivery Mechanics
05:39 The Fraud Mechanism: Receipts, Reporting Games & Two-Book Reality
08:39 DOJ Criminal Case: Why “RICO” Changes Everything
12:22 Fallout: Premium Shock, Short Trap & What Happens Next