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On April 14, a Chinese battery startup backed by one of the world's largest automakers rolled the first A-sample all-solid-state battery cells off a production line in Guangzhou....The company is targeting GWh-scale output by the end of 2026, twelve to eighteen months ahead of where Toyota’s timeline stood at the start of this year. The silver market has not priced this in.... ...Greater Bay Technology’s A-Sample Changes the Timeline Greater Bay Technology (GBT) is a battery startup backed by GAC Group, China’s fourth-largest automaker by volume. On April 14, GBT confirmed that A-sample all-solid-state battery cells are now rolling off...

Introduced in House (05/07/2024) Monetary Metals Tax Neutrality Act of 2024 This bill exempts gains or losses from the sale or exchange of certain coins or bullion from recognition for income tax purposes. The exemption applies to gains or losses from the sale or exchange of (1) gold, silver, platinum, or palladium coins minted and issued by the Department of the Treasury; or (2) refined gold or silver bullion, coins, bars, rounds, or ingots that are valued primarily based on their metal content and not their form.

Key Takeaways A Historic Reclassification: The U.S. Department of the Interior officially designated silver as a Critical Mineral for 2025, reclassifying it from a historic precious metal to a strategic asset essential for national defense and economic stability. Hidden High-Tech Dependencies: While often associated with solar panels, the graphic reveals silver's less visible but "irreplaceable" role in Artificial Intelligence (AI) thermal management and the non-flammable batteries required for advanced military munitions. The Supply Chain Response: With the U.S. currently relying on imports for 64% of its silver, this new status triggers federal "fast-track" permitting and tax incentives designed to break...

China imported approximately 836 tonnes of silver in March, the highest monthly total ever recorded, as demand from the country’s solar manufacturing sector and retail investors simultaneously overwhelmed domestic supply, according to Chinese customs data reported by Bloomberg. The March figure is 78% above February’s 470 tonnes — itself a record for that month — and runs 173% above what March typically sees — the 10-year seasonal average for the month sits at around 306 tonnes. Year-to-date imports through March now stand at approximately 1,626 tonnes, the highest on record for the first quarter. Solar panel manufacturers — China dominates...

Archaeologists in Chile have uncovered a 16th-century silver coin, confirming the location of one of South America's most infamous failed colonial settlements at the site of Rey Don Felipe – later known as Puerto del Hambre, or "Port Famine".Located on the north shore of the Strait of Magellan, Rey Don Felipe was founded in 1584 with around 300 Spanish settlers. According to historical accounts, the extreme conditions led to the settlers starving or freezing to death, and by the arrival of English navigator Thomas Cavendish in 1587, the settlement was mostly in ruins.The coin, valued at eight reals and bearing...

Basel III and Silver: What It Means for Investors The regulatory revolution reshaping precious metals markets and creating unprecedented opportunities Introduction The implementation of Basel III banking regulations marks a watershed moment for silver investors, creating unprecedented opportunities alongside significant market disruptions. While gold captures most regulatory headlines, silver's extreme paper-to-physical leverage ratio of 300:1 positions it as potentially the bigger beneficiary of these sweeping changes. As Basel III forces banks to unwind decades of paper silver positions, investors who understand these regulatory shifts can position themselves ahead of what industry experts describe as a "coiled spring" ready to propel...

Key Points Bank of America's metals chief just issued a silver price target so wide it raised eyebrows even among bullsThe physical silver market has now recorded deficits for five straight years, and 2026 is expected to make it six There is a specific scenario that could send silver to levels not seen since a famous market squeeze decades ago The bank’s metals team is projecting silver could reach anywhere between $135 and $309 per ounce before the end of 2026. That is not a typo. And the reasoning behind it deserves more attention than most investors are giving it...

119th CONGRESS 2d Session H. R. 8007 To amend the Commodity Exchange Act to reduce systemic risk while increasing geographical diversity and competition with respect to depositories for the storage of precious metals, and for other purposes. IN THE HOUSE OF REPRESENTATIVES March 19, 2026 Mr. Fulcher (for himself and Mr. Harris of North Carolina) introduced the following bill; which was referred to the Committee on Agriculture A BILL To amend the Commodity Exchange Act to reduce systemic risk while increasing geographical diversity and competition with respect to depositories for the storage of precious metals, and for other purposes. Be...

U.S. Fiscal Situation Continues to Deteriorate In just the past week, the debt and deficits of the United States took further blows as spending increases, falling revenues, and geopolitical hostilities tightened the funding vice. Distractions vs. Long-Term Trends Even if you're primarily a precious metal investor, you've likely been distracted by war headlines for the past few weeks. Over that same time, however, other long-term headlines have surfaced that will greatly impact gold and silver over time. You may have missed them, so, for this week's post, let's recap. Monthly Treasury Report – March Deficit Let's start with the latest...

According to a statement released by the Autonomous University of Barcelona (UAB), the Romans extracted gold from alluvial deposits in the Eastern Pyrenees. Using optically stimulated luminescence dating techniques, Oriol Olesti Vila of the UAB and Jorge Sanjurjo-Sánchez of the University of A Coruña dated two samples of fill from the remains of an ancient hydraulic structure on the Segre River to the third and fourth centuries A.D. The researchers explained that Roman miners would have eroded gold deposits from the riverbanks with water, and then washed them, either by channeling water through the sediments or flooding the sediments with...

The COMEX Inventory: Silver is published by the Commodity Exchange Inc. (COMEX). This indicator is used to track the amount of silver held in COMEX-approved warehouses. It serves as a key benchmark for assessing supply levels and potential market movements in the silver market. A high inventory level may indicate a surplus, potentially leading to lower prices, while a low inventory level may suggest a shortage, potentially driving prices higher. The inventory data is calculated based on the total amount of silver held in COMEX-approved warehouses. This includes both registered and eligible stocks. Registered stocks are those that are available...

RAY DALIO SAYS THE MONETARY ORDER IS BREAKING DOWN AND FIAT IS NO LONGER A CENTRAL BANK ASSET. GOLD AND SILVER BECOME THE ANCHOR WHEN PAPER CONFIDENCE CRACKS.

https://www.cmegroup.com/delivery_reports/Silver_stocks.xls

The Last Time the CME Halted Trading, Silver Surged 127% Over the Next 60 Days Silver Was Trading at $53.26/oz When the CME Halted Trading for 10 Hours overnight November 28th for “COOLING ISSUES”. Silver then immediately spiked to an all time record high $56.78 immediately upon resumption of trading on November 28th. Silver then proceeded to more than DOUBLE to $121 over the next 2 months as a historic physical short squeeze played out. The CME “Cooling Issues” Trading Halt just HAPPENED to occur on First Notice Day for the December Silver Contract- Reportedly After a CHINESE INDUSTRIALIST notified...

President Donald Trump has kicked off $12 billion project to stockpile critical minerals used by the defense and technology sectors as a hedge against Chinese dominance of the strategically important industry in what the White House will call “Project Vault.” The public-private effort — first reported by Bloomberg — would use $1.67 billion in private seed funds and combine that cash with another $10 billion from the U.S. government’s Export-Import Bank for the purchase and storage of critical minerals and rare earths such as gallium and cobalt, a key ingredient in rechargeable batteries as well as modern jet engines used...

China Sets The Price Now GFN – SHANGHAI Trading in a major China-listed silver fund was halted for a full session on January 30 as regulators moved to contain price distortions, while global silver prices fell sharply from record highs amid elevated volatility and tighter derivatives margin requirements. China’s Shenzhen Stock Exchange suspended trading for the entire day on January 30 in the UBS SDIC Silver Futures Fund LOF, according to an official fund announcement. The notice stated that trading would be halted from the market open through the close as part of exchange risk-control measures. “该基金将于2026年1月30日开市起停牌至收市。” (“The fund will...

The price of gold fell from a record $5600 to $4770 per ounce. On Friday, the price of silver fell by 31%. This is the biggest percentage drop in the price of this bullion since March 1980. What could be the reasons for such declines?Gold hit a new record high on Thursday at $5600 per ounce. Silver was trading at $120 per ounce. Suddenly, precious metal prices began to fall. By Friday evening, gold was already costing $470 per ounce. Gold fever reached a new high at the beginning of 2026, with prices hitting a record earlier this week....

High-flying gold and silver took a staggering hit in overnight trading with the precious metals losing roughly $6 trillion in just 30 minutes — as oil prices surge over fears over Iran. Gold tumbled back after hitting a new record at $5,595.47 an ounce as investors rushed to assets deemed safe, including silver, which reached its own record of $120.44 an ounce. The dollar steadied after losing ground most of this week. Gold declined more than five per cent and silver plunged more than eight per cent, while copper and nickel prices also fell, as traders reassessed the market. “The...

Gold and silver prices plunged Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve concerns about the central bank’s independence and sent the dollar soaring. Spot silver was down 28% at $83.45 an ounce, trading near its lows of the day. Silver futures plummeted 31.4% to settle at $78.53, marking its worst day since March 1980. Meanwhile, spot gold shed around 9% to trade at $4,895.22 an ounce. Gold futures dropped 11.4% to settle at $4,745.10. The sharp moves down were initially triggered by reports of Warsh’s nomination. However, they...

Call it the Post Powell Panic! After The Fed decided to do nothing at the FOMC meeting. Gold is down -12% from the peak, trading below $5,000. Silver is down -21%, trading below $100 for the first time since Friday, officially in a BEAR MARKET. Rough night in the precious metals market space. An absolute BLOODBATH. Is the top behind us? Gold -6% Silver -12% Copper -4% Platinum -13% Palladium -11% Trillions in market cap wiped out in a few hours. Powell at The Fed FOMC meeting imitating former Fed Chair Janet Yellen. And Trump has nominated Kevin Warsh for...