Paper Control BREAKING? Silver Price SHOCK Ahead | Craig Hemke

Craig Hemke argues that gold and silver are still being held back by paper-market dynamics rather than fundamentals, with recent weakness tied to shifts in the dollar, interest-rate expectations, and central-bank activity. He says inflation, rising global debt, and geopolitical tension remain supportive for both metals, and that the current price action is not consistent with the underlying macro backdrop. Hemke also points to liquidity as a key driver of the outsized moves, saying thin trading conditions and algorithmic activity are amplifying short-term volatility. He highlights that some countries, including Turkey, have sold gold at times for liquidity needs, but frames that as a tactical flow rather than a change in the broader bullish case for bullion. Near term, the message is that silver in particular could see a sharp repricing if paper-market control starts to break and physical demand reasserts itself. The interview is more thematic than data-driven, but the trading implication is a constructive medium-term setup for gold and silver if the dollar softens or rate-cut expectations return, with liquidity conditions likely to determine timing and the size of any squeeze.