# Physical Silver Is Vanishing, Gold Won’t Break — And Washington Still Thinks Tariffs Fix a $2 Trillion Deficit

Page: https://stenobird.com/podcast/sd-bullion-6239204/physical-silver-is-vanishing-gold-won-t-break-and-washington-still-thinks-tariffs-fix-a-2-trillion-deficit
Text version: https://stenobird.com/podcast/sd-bullion-6239204/physical-silver-is-vanishing-gold-won-t-break-and-washington-still-thinks-tariffs-fix-a-2-trillion-deficit.md
Podcast: [SD Bullion](https://stenobird.com/podcast/sd-bullion-6239204)
Published: 2026-02-21T03:58:12+00:00
Episode link: https://sdbullion.podbean.com/e/physical-silver-is-vanishing-gold-won-t-break-%e2%80%94-and-washington-still-thinks-tariffs-fix-a-2-trillion-deficit/
Audio file: https://mcdn.podbean.com/mf/web/9b4ui8rsmye4qu2m/SDB_Mkt_Update_1_8clzk.mp3
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Duration seconds: 970

## Resource

Silver is disappearing from the COMEX at a pace never seen before, with roughly 90 million ounces leaving in just the past four weeks, while the U.S. government continues running deficits near $2 trillion annually, proving once again that tariffs and political promises won’t solve a structural debt crisis. Industrial silver supplies are tightening, ETF inventories are shrinking, and physical metal is steadily moving East. This is not normal market behavior, yet most investors remain distracted and underexposed. Listen to the full update to understand why silver’s vanishing act and America’s exploding deficit could be setting the stage for what comes next.

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## Transcript

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