Price Action
- Thread starter Kooka30
- Start date
Silver Gates Have ClosedA Geostrategic Analysis of the Impact on Inflationby Jay MorseReality does not negotiate. There are decisive geostrategicconsequences of the two Gates of Silver closing at the same time.The first Gate of Silver that closed is that the world’s silver price isnow the price of physical silver, which is fixed largely in Shanghai andin Chinese Yuan (CNY), not US Dollars (USD).The second Gate of Silver that closed is that as of January 1st. Chinanot only dominates the world’s silver refining capacity no matter wheresilver is mined, it requires a permit to export silver, so Beijing decidesto whom silver can be exported. For example, Mexico leads the globalmining of silver but bans export of silver, except of ore to China forprocessing, so China decides who can buy silver refined from oremined in Mexico. Fully 70% of globally traded refined silver ultimatelycomes from China (World Population Review, 2025; Marketwatch,2026). The, US in contrast, produces as little as 20% of its total silverneed (MoneyMetalsExchange, 2025; Birch Gold Group, 2025).The salient consequence of both Silver Gates closing is that Chinadecides who gets silver and why, and when Beijing does permit theexport of silver it decides the currency of payment. Since January 1when silver export permitting took effect, Beijing has canceled theloading of scheduled shipments which until now had been paid for withUS Treasury Notes.
