Kim Morgan Accumulates Silver as BRICS Withdraws from COMEX: Is a Silver Repricing Strategy Ahead?

In the context of BRICS countries actively withdrawing physical silver from COMEX, Morgan has quietly begun accumulating silver on a large scale, sending a strong signal about the prospects of this precious metal market. This strategy reflects deep forecasts of significant revaluation in the near future.

BRICS Withdraw Physical Silver: A Market Restructuring Signal

BRICS member countries are implementing a strategy focused on precious metal reserves, with silver withdrawals from COMEX becoming a clear manifestation of this trend. The shift of physical assets from Western vaults to emerging economic centers reflects efforts to build an independent financial system and reduce reliance on traditional pricing mechanisms.

According to analysis from NS3.AI, the amount of silver withdrawn has created significant inventory pressure on COMEX, forcing the market to adjust its structure. This phenomenon has widened the price gap between COMEX and the Shanghai Silver Market, indicating a clear distinction between the valuation of different markets.

Morgan Implements Accumulation Strategy: A Sign of Revaluation?

Morgan has quietly increased its silver holdings systematically in this context. This action is not accidental but reflects deep forecasts about market potential. Analysts believe Morgan’s accumulation strategy is driven by expectations of a substantial revaluation of silver prices, as physical demand accelerates.

Morgan’s move coincides with tighter supply conditions for refined silver. The combination of increased demand from BRICS, Morgan’s accumulated reserves, and supply restrictions creates a favorable environment for silver revaluation.

COMEX Under Increasing Pressure, New Revaluation Opportunities Emerge

The price gap between COMEX and the Shanghai market continues to widen, reflecting liquidity and inventory tensions. Analysts warn that upcoming delivery demands could add significant pressure to the COMEX market, potentially causing major volatility in global silver prices.

Notably, Morgan has released updated forecasts for 2026, predicting an average silver price of $81 per ounce. This forecast is double the silver price in 2025, indicating a fundamental shift in supply and demand balance. If this forecast materializes, it will mark a major turning point in the valuation of this precious metal.

Outlook: Is Silver About to Enter a New Revaluation Phase?

The combination of BRICS’ silver withdrawal strategy, Morgan’s accumulation, and supply constraints is creating an evolving landscape for the global silver market. Morgan’s forecast of $81 per ounce in 2026 suggests a systematic revaluation is underway, with institutional investors positioning themselves to benefit from this change.