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Silver prices today, Thursday, August 20, 2026: Silver opens higher on Treasury’s news of increased debt buybacks

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DW NOTE

The Treasury is buying back debt while the federal deficit runs at $2 trillion and the debt ceiling just got a $5 trillion lift. That's not deleveraging — that's managing the maturity wall with freshly borrowed money. Silver isn't rising on fiscal discipline; it's rising because the alternative to hard assets is a bond market that requires its own issuer as buyer of last resort.

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Silver prices today, Thursday, August 20, 2026: Silver opens higher on Treasury’s news of increased debt buybacks

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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

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