Reports are now circulating which CLAIM Hecla and other mining companies are refusing delivery to COMEX at listed prices.
Hecla is the oldest Silver Company on the New York Stock Exchange. It is also the largest silver producer in the United States and Canada.
According to the claims circulating in public today, COMEX prices are so out-of-sync with actual physical metal prices, that mining companies are ALLEGEDLY declining to sell silver (and possibly Gold) to COMEX at the prices listed on COMEX.
As of 8:39 AM EST on Friday, February 6, 2026, the COMEX price for Gold is $4209.00 per ounce, and the COMEX price for Silver is $74.65.
In actual physical metal markets like Shanghai, Gold is near $5,500 per ounce and silver is near $120 per ounce.
This wide disparity between COMEX (paper) prices and actual metal prices in places like Shanghai, caused the mining companies to ask "Why should we sell our Silver for $74. when we can sell the same Silver in Shanghai for near $120?"
