Silver pricing rockets as warehouses can’t supply everyone with obligations to deliver rare metal rather than unlimited fiat. The CME tries to help, but can’t change the long-term supply/demand equation here. China limits exports of silver as they continue to build stockpiles. US tech firms respond by publicly saying they’re looking at buying silver mines. … Read more
Overview: There’s been a lot in the news and on Fin-X lately about Japan, record gold prices, and skyrocketing silver. Here’s a quick summary of the situation(s). Japan: I was going to write a long explanation, and then realized I’ve covered this in detail in the past. The short version is Japan ran up … Read more
Lots of supply chain and trade war news this week. China renews and strengthens restrictions on export of rare earth elements and magnets. They’ve spent decades securing the upper hand in these crucial components leaving the west no choice but to invest in our own mining and refining capacity. Silver joins fellow precious metal gold … Read more
