Six Paper Claims, One Ounce of Silver: What First Notice Day Reveals

September’s COMEX silver contract hits First Notice Day with 161.8M oz of open interest against just 99.1M oz of registered, deliverable silver. Here’s what the gap means — and doesn’t.
The Fed Votes Wednesday. Watch the Tally, Not the Decision.

The Fed votes Wednesday. Most coverage will tell you to watch whether it holds or hikes. That is the wrong number. The vote tally — unanimous or split 10-2 — is the signal that defines September rate-hike expectations and gold’s real yield path. Here is the mechanism most headlines will miss.
Gold Is About to Trade 24/7. A Prediction Market Just Filed to Make It Never Expire.

CME starts 24/7 gold futures trading this Sunday. Kalshi just filed for gold contracts that never expire. Here is what both changes mean for physical gold owners.
COMEX Silver First Notice Day April 30: What to Watch

The COMEX May 2026 silver contract hits First Notice Day on April 30 — the same morning as Q1 GDP data and one day after the Fed decision. With the coverage ratio below the 15% stress threshold for six straight months, here’s what to watch.
What Is a COMEX Silver “Delivery”? — And Why Most People Get It Wrong

Every big COMEX silver delivery month, the same question erupts online: millions of ounces delivered, but inventory barely moved. Here’s the one mechanic that explains why — and what you should actually be watching instead.
