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Futures were suspended to avert default in silver, trader Vince Lanci says
2:46p ET Friday, February 27, 2026
Dear Friend of GATA and Gold:
In his daily commentary for the Arcadia Economics channel at YouTube, market analyst and futures trader Vince Lanci offers his suspicion about the "technical issue" that supposedly caused the brief suspension of the U.S. commodities futures market on Wednesday. Most likely, Lanci says, there were so many more buy orders than sell orders for silver on the eve of contract closing that the exchange needed more time to balance them or delay delivery on some to prevent a public default.
Lanci's commentary is 12 minutes long and can be found at the Arcadia Economics channel at YouTube here:
https://www.youtube.com/watch?v=pqgmHuyfpkI
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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