Keyword: silver
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The sudden halt of CME Globex futures trading on Friday, Nov 28, triggered a wave of speculation online — especially from silver traders who noticed the outage occurred minutes after silver futures touched fresh all-time highs above $54. As CME Group issued a statement citing a cooling issue at its CyrusOne data center, social media exploded with theories linking the halt to the ongoing silver breakout. Earlier in the day, CME confirmed: “Due to a cooling issue at CyrusOne data centers, our markets are currently halted. Support is working to resolve the issue…” The exchange clarified that the disruption was...
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Trading gradually resumed after coming to a standstill on the Chicago Mercantile Exchange on Friday, as a cooling issue at one of its data centers impacted traders across the globe.
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How India Is Turning Silver Into Money. In a move that has stunned global markets and delighted advocates of hard assets, India has quietly detonated a monetary bombshell: the Reserve Bank of India (RBI) is bringing silver back into the financial system. Beginning April 1, 2026, Indian banks will be authorized to accept silver as loan collateral. It’s the first modern recognition of silver as a monetary asset since the metal was gradually sidelined from global finance a century ago. But this is no symbolic gesture—it’s a calculated strategy that connects household wealth, national reserves, and geopolitical realignment under one...
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By Leslie Hook Financial Times, London Thursday, November 6, 2025 The U.S. Department of the Interior has added copper, silver, and metallurgical coal to its list of "critical minerals," increasing the likelihood that these materials could be included in future tariff policies. The three materials are among 10 elements added today to the list, which is updated every three years by the U.S. Geological Survey. The list determines which minerals are included in the upcoming Section 232 tariff review of levies applied for national security purposes. It also plays a role in determining which domestic projects may receive federal support....
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It won’t catch any fish, but the discovery of as many as 20,000 silver coins and pieces of jewelry dates back to the early Middle Ages. Here’s what you’ll learn when you read this story: A fisherman digging for worms at his summer home in Sweden instead discovered over 13 pounds of buried silver treasure. The hoard comes from the early Middle Ages, and includes mostly coins (and some jewelry). The entire cache of silver was tucked inside a copper pot. A Swedish fisherman searching for gooey, juicy worms to use as bait near his summer home near Stockholm instead...
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An amateur metal detectorist profoundly believes in that maxim and it came true when he uncovered up to 15,000 Roman coins buried in a hoard that could be Wales' biggest-ever treasure find.The BBC reports David Moss, 36, from Cheshire, made the discovery that left him in disbelief after he dug up up two clay pots in an undisclosed northern part of the country.But the epic find in a muddy field left him fearing they could be stolen, so he slept with the treasure in his car for three days before taking the coins to experts, the BBC notes.The coins are...
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Shortages hit London too. The silver market is broken. Key Takeaways Vipin Raina’s company, India’s largest precious metals refinery, ran out of silver stock for the first time in its history due to high demand from Indian customers. The shortages in India were soon felt globally, with the London silver market also running out of available metal, and traders describing a market that was “all but broken”. The silver market crisis was caused by a combination of factors, including a multi-year solar power boom, a rush to ship metal to the US to beat possible tariffs, and a sudden spike...
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Wall Street’s power brokers are using a gold revaluation to rewrite the rules—turning massive silver losses into multi-billion windfalls overnight and signaling a seismic shift in the global financial…. That’s exactly how JP Morgan Chase is playing the metals market today. The bank has been hammered on its sprawling silver short—dozens of holes down, figuratively speaking. But instead of folding, it’s hit the most audacious “press” in modern finance: going long gold. By championing the narrative of $10,000 gold, the institution is resetting the game mid‑round, leveraging the new bet to erase the sting of the old one. If the...
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China’s $128/oz Premium Sets Global Benchmark, Triggering a Worldwide Silver Supply Shock and Redefining Pricing Everywhere. Raw silver is commanding $128 per ounce in China, the world’s largest physical silver marketplace—a price more than double prevailing global spot rates. In an interconnected world, silver always flows to the market that pays the most and treats it best. When benchmark prices surge so dramatically in one dominant region, those levels ripple outward, redefining what buyers everywhere must pay for the real metal. As word spreads of China’s sky-high premiums, sellers and traders naturally align their offers to match, making $128 not...
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A man hunting for fishing worms near his summer house in the Stockholm area has made an amazing discovery: a large hoard of silver coins and jewelry from the early Middle Ages. The hoard, weighing around six kilograms (13 pounds), consists of thousands of silver coins mixed with rings, pendants, and beads. The finder immediately informed the Stockholm County Administrative Board, which began an archaeological excavation of the site. The hoard is described by experts as unusually large and well-preserved. The items were placed in a copper cauldron that has mostly decayed over the centuries. “This is likely one of...
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Chart The silver market just witnessed a seismic event: On the evening of October 9, Bruce Ikemizu, Chief Director of the Japan Bullion Market Association (JBMA), confirmed that the 1-month implied lease rate for physical silver in London erupted to a jaw-dropping 39.2%. This extraordinary spike, captured in recent market data, signals acute physical supply distress—metal in the vaults is running out, and lenders are demanding a premium for any silver that remains. Last Call for Physical: Delivery Demands Trigger Metal Crunch Gone are the days when buyers were content to roll over paper contracts. Now, contract holders are standing...
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Silver is spiking simultaneously across the globe: China’s e-commerce platform JD.com lists silver at $59 per ounce. London’s lease rate rockets to a historic 19%. Physical shortages in Asia &The West. -$50 dollars is the new floor on Silver with no resistance above. -Silver short sellers will get their faces ripped off. (polite way of saying it) -Earlier this week the SLV lease rate spiked to over 12% -Today LBMA lease rate hit 19% -China industrial silver users hoarding physical silver All indicating a global silver shortage China’s state-run Chengtong Precious Metals—the direct descendant of the State Council Ministry of...
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The classic Downfall bunker meme gets a 2025 twist. Silver has smashed through $50, the short-side generals are panicking, and their trusted market-rigging AI — COMEX-GPT — starts glitching and twitching. Watch the mayhem unfold as the paper shorts crumble and the physical market takes control.
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China’s audacious orbital energy station showcases high-tech ambition—powered by sun and silver—positioning the nation as a leader in the next era of global energy innovation. China isn’t just aiming for the stars—it’s building them. The country’s bold leap into the future comes in the form of a one-kilometer-wide solar power station, launched into geostationary orbit 36,000 kilometers above the Earth. This is not some sci-fi proposal, but an ambitious, state-led drive epitomizing China’s technological swagger and strategic focus. Daylight Never Stops: Power From the Void Picture a solar array so massive and advanced, it basks in the sun’s full intensity...
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Police in Louisiana have arrested three suspects in connection with the theft and destruction of a statue depicting Abraham Lincoln The incident took place at the Houmas House Estate and Gardens, a historic plantation located in Darrow, a small town between Baton Rouge and New Orleans. Located on a curve of the Mississippi River, the site first attracted European settlers in the early 1700s; construction on the property’s large Greek Revival-style mansion started in 1829. Today, the 38-acre site is a tourist destination, Kevin Kelly, the site’s owner, noticed the antique, solid silver statue of the nation’s 16th president was...
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As India corners the world’s silver and China gobbles gold, Western investors pile into sky-high tech valuations—could one major move into silver send prices rocketing in the blink of an eye?…… The Great Silver Rush: Is India Outsmarting the World? India isn’t just importing silver—they’re scooping up every ounce they can find, pushing prices through the roof and sending a signal to global markets. Can anyone stop India’s relentless pursuit of “the people’s precious metal”? What do they know that Western investors ignore? China’s Golden Appetite: Why Gold, Why Now? Just as India is flooding its vaults with silver, China...
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Understanding the Silver Supply-Demand Deficit: A Market in Transition The global silver market has undergone a remarkable transformation in recent years, shifting from a position of consistent surpluses to a persistent structural deficit. This fundamental change in market dynamics represents one of the most significant developments in the precious metals sector, with implications for investors, industrial consumers, and mining companies alike. The Emergence of a Structural Silver Deficit For nearly half a decade, silver demand has consistently outpaced available supply, creating a sustained market imbalance. This deficit began in 2021 when consumption suddenly exceeded production by approximately 75.3 million ounces...
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The US dollar is not what most people think it is. There are a constitutional dollar (C$) and a Federal Reserve dollar (F$). The former is money; the latter is a money-substitute circulating in place of money. They are fundamentally distinct with different definitions. Many modern economists struggle to define money. Often beginning with an historical overview of the concept of moneyness, they generally end by describing the functions of money. What money ‘does’ is not a definition of what money ‘is’. Throughout history, money has always been defined as a specific weight of gold or silver. In colonial America...
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The Department of the Interior on Monday released a draft 2025 list of 54 minerals deemed critical to the US economy and national security. The update, developed by the US Geological Survey (USGS), includes six new additions: copper, silver, potash, silicon, rhenium and lead. Arsenic and tellurium were recommended for removal.
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Silver bugs: Saudi Arabia Central Bank now buying Silver.
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