Russia's recent move to temporarily ban the export of precious metals waste and scrap is a significant development in the ongoing economic war between East and West.
This aggressive acquisition strategy aims to secure silver for China's growing industrial needs, including solar panels, silver-zinc batteries, silver-plating, and electric vehicles.
Industrial demand for silver is on track for a new record high in 2024, and the silver market is on pace for its fourth consecutive annual supply deficit.
Anyone with wisdom and foresight should safeguard their hard-earned wealth with gold and silver—timeless forms of money that have reliably served humanity for thousands of years.
Has the Big Move Higher in Gold and Silver Prices Ended? What Are the Key Drivers Behind the Bull Market? Will Gold-Silver Stocks Continue to Disappoint?
What similarities can we draw from the first Trump election victory and the current one in the precious metals markets? What's next for precious metals in 2025?
Industrial demand for silver is on track for a new record high in 2024, and the silver market is on pace for its fourth consecutive annual supply deficit.
While gold and silver are experiencing a temporary pullback, history shows that all major bull markets have corrections along the way—and they often emerge stronger.
Krauth notes that while silver may often appear as a “laggard” early in a bull market, it historically outpaces gold in the long run, driven by industrial demand and investor interest.
