Why 90% Silver Feels Broken Right Now

90% silver is getting crushed right now… or at least that’s what it looks like. Shops are selling it around spot, but buying it back at 65–75% of spot. That’s a massive spread, and a lot of stackers are starting to question whether 90% silver is even worth stacking anymore. But here’s what most people are missing… this isn’t just happening to 90% silver. During the last run-up, coin shops and dealers didn’t just stop buying junk silver, they slowed down or stopped buying generics too. In some cases, generic silver was getting hit at 10–15% back of spot. Even now, American Silver Eagles are carrying spreads close to $17–$20. This isn’t a 90% silver problem. This is a market-wide liquidity crunch. In this video, I break down: • Why 90% silver buybacks dropped so hard • What really happened during the silver run-up • How refinery backlogs are affecting prices • Why spreads widened across ALL silver products • The truth about liquidity in a stressed market • And what the future of 90% silver actually looks like If you’re stacking silver, this is something you NEED to understand. Because this isn’t about 90% silver failing… it’s about understanding how the system works when it’s under pressure. Whether you stack junk silver, constitutional silver, .999 bullion, or gold, this breakdown will help you think more clearly and stack more intentionally. 📈 Stay consistent. Stack smart. Think long term.