Since silver has yet to be classified as a critical mineral by the US Geological Survey or Department of Energy, it is not applicable to the additional tax.
High drama in the institutional markets for gold and silver -- unfolding mostly in the background over the past 45 days – may finally be bleeding out into the mainstream.
In the latest Money Metals Midweek Memo, Mike Maharrey explores the silver market, covering rising industrial demand, supply shortages, and bullish projections from analysts.
Since silver tends to be the more volatile of the two metals (amplifying gold’s gains on the upside as well as gold’s declines on the downside), relative strength in silver tends to be a bullish indicator for the entire precious metals complex.