there have already been a ton of posts on this
@sasaFeb is not a futures contract expiry month - so typically not a peak delivery month. Next futures contract expiry is end of March.
But contract holders are asked to indicate intention to stand for delivery one month out. That + contract holders can elect to take delivery at end of any given month - just that most won;t do it early.
So the near term catalyst in silver futures may well be notice of big open interest owners standing for delivery in March
Its possible but perhaps not probable that would be enough to get your breakfast.
bear in mind that record inflows into JP Morgan custodian ETF's (SLV, ETPMAG, SIVR etc etc) mean they have been given massive additional firepower with which to suppress the futures market in the short term - depending on the risks they are willing to take in using cross asset lending and rehypothecation of the actual silver bars they do have or can get a virtual footprint over from the LBMA
