India Joins The Scramble For Silver

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Just a quick note today to wish you a wonderful and happy New Year!
It really truly has been an historic and incredible 2025 if you are a precious metals investor, and hopefully you’ve just been taking some time during the holidays to appreciate everything that we’ve been blessed to witness.
Both gold and silver are trading lower again today after an incredibly volatile holiday week. Although today’s sell-off aside, we’re still ending the year at historic prices.
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Additionally, as you may have seen on our YouTube channel, the evidence that the silver squeeze has not only not yet been resolved, but seems to be intensifying, continues to mount.
I mentioned on Sunday night how a junior silver producer in Peru received two phone calls from groups in China that were trying to buy their silver production at an $8 premium on Friday. And then on Monday, he received a similar phone call from a group in India that was also offering an $8-$10 premium.
Video Length: 00:08:21
That video is only eight minutes, and I think well worth your time. Of course, the first question that came to my mind upon hearing the news, is whether this Indian group made the phone call because they saw what was going on in China and just wanted to be proactive, or if there is legitimate concern that they’re about to go back into another shortage like we saw in October.
I’m working on getting in touch with someone directly on the ground in the Indian silver supply chain, and fortunately I’m making some progress, and I’ll report back what I find.
But that’s enough analysis for 2025, and just go out there and have a wonderful, happy, safe, and healthy New Year!
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