Precious Metals

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Author Collin Plume predicts spike in silver

“Bitcoin disrupted global finance just a decade ago, now, silver is emerging as the next keystone of global transformation—poised to reshape industries, currencies and geopolitics.”

 “With reserves projected to run out in just 20 years, Plume predicts silver’s price could surpass $60 per ounce.”

According to Plume, nonsourced calculations are “showing the U.S. would need over 3.5 billion ounces [109,375 tons] of silver to transition to 100 percent solar power.” The writer and his publisher say this ties into “how China’s dominance in silver production threatens U.S. strategic interests.”

Source – Recycling Today

More Info on Author

Collin Plume author of Silver is the New Oil

Article on Collin Plume CSQ

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Gold recession warning

“I’m basing this whole forecast on the fact that the Fed is going to be wrong,” Hemke stated, emphasizing his belief that the current economic strength is overstated.

Craig Hemke is a precious metals analyst.

Source – The Jerusalem Post

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Trump Tariff Fears Spark Disconnect in Silver and Copper Markets

“Investors around the world have started the year looking for protection against sticky and potentially rising inflation, fiscal debt worries and the unpredictability of Trump,” said Ole Hansen, head of commodities strategy at Saxo Bank. 

“The market is sleepwalking into a squeeze right now,” Daniel Ghali, senior commodity strategist at TD Securities, said in an interview. “People are completely disregarding this risk.”

Source – Bloomberg / Yahoo Finance

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Gold up Silver down

The price of 24-carat gold surged by Rs 10 in early trade on Thursday, with ten grams of the precious metal trading at Rs 78,830 according to the GoodReturns website. The price of silver fell by Rs 100, with one kilogram of the precious metal selling at Rs 92,400.

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 78,830.

Source – Business Standard