Not only China, but now possibly the US, is putting restrictions on silver exports, because of its scarcity and economic and defense importance.

This, just in…

According to Bloomberg, much of the world’s readily available silver is sitting in New York awaiting the outcome of a US commerce department investigation into whether imports of critical minerals pose a national security risk. The review could pave the way for tariffs or other trade curbs on the metal, Bloomberg said, after China imposed a ban on silver exports, beginning January 1.

And, I just found out, the planned buildout of AI centers will use a HUUUGE amount of silver in their circuit boards and connections, at a time when silver is already scarce.

The price run up is starting to make sense…

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