In this week’s Money Metals Midweek Memo, host Mike Maharrey opens with blunt news: the federal government shut down at midnight. Lights off. Doors locked. Theater on.
Gold and silver markets surged over the last few days, with gold climbing near record highs near $3,750 per ounce and silver touching $44 in Monday morning trading.
The metals have already gotten a boost from rate cut expectations, so there won’t likely be much effect from the cut itself. That has already been built into the price.
Researchers from the University of Helsinki and the University of Jyväskylä have discovered a way to recover silver from electronic waste using cooking oil.
The U.S. government knew then, as it knows now, that silver is too critical to expose. As both money and machine, silver’s scarcity is the empire’s most fragile secret.
By ceding informational power and programmatic focus to China, Bateman has potentially undermined the US strategic autonomy in silver, essential to economic strength and military survival.
