THE LOCKDOWN BEGINS: Why 4 Major Banks Just Restricted Silver Withdrawals (Death Bag Phase 2)

London’s silver market is not what it appears to be.
On January 10, 2026, the London Bullion Market Association (LBMA) published official vault data claiming nearly 894 million ounces of silver are held in approved facilities. On paper, it looks like deep liquidity and stability.
In reality, $12 billion worth of silver has effectively disappeared.
This video exposes how the world’s most trusted silver market has become a system of phantom inventory — metal that exists on reports but cannot be withdrawn, delivered, or accessed when real buyers demand it.
Using LBMA vault data, lease rates, delivery delays, ETF structures, and global physical pricing, this breakdown explains:


Why most LBMA-reported silver is encumbered, leased, or legally unavailable


How only 80–95 million ounces may actually be accessible worldwide


Where the $12 billion “disappearance” occurred in just the last 100 days


Why a single 1,000-ton order froze the London silver market


How ETF silver inflates inventory numbers without increasing real supply


Why physical silver trades at $110–$130 globally while paper shows ~$91


How backwardation, soaring lease rates, and delivery delays signal failure


Why London’s shortage is about to become COMEX’s crisis


What happens when paper markets cannot deliver metal they promise


This is not a theft story.
It is a structural default story.
The silver exists — but it is locked, pledged, or untouchable. And when industrial buyers, futures contracts, and ETFs all demand delivery at the same time, the illusion breaks.
By the end of this video, you’ll understand:


Why the LBMA numbers cannot be trusted at face value


Why physical silver is already repricing outside the paper system


Why February 2026 is a critical inflection point


Why the adjustment will not be gradual — it will be violent


If this analysis helped you see what’s really happening beneath official reports, subscribe for continued breakdowns on silver, commodities, and systemic market risks the mainstream ignores.
💬 Comment: Do you think London admits the truth — or does the system break first?

DISCLAIMER
This video is for educational and informational purposes only. It does not constitute financial, investment, or legal advice. All analysis is based on publicly available data and market behavior. Always do your own research and consult qualified professionals before making financial decisions.