Why Comex Won't Default

With the latest iteration of the "silver short squeeze, silver shortage" narrative, this time inspired by Wall Street Bets success with Game Stop, it is instructive to review Smaulgld's 2016's "The Four Reasons Why Comex Wont Default" video and blog post.
https://smaulgld.com/why-comex-wont-default/
While silver bulls continue to lap up this new silver short squeeze story, the price has gone NOWHERE in six months.
Meanwhile, "unbacked" cryptos are soaring 300, 400 , 500+ percent