Elon Musk Raises Eyebrows as China’s Silver Strategy Sends Prices Soaring
Elon Musk has voiced his concern over skyrocketing silver prices, propelled by China's imminent export restrictions on silver starting January 2026. As China controls a major portion of the global silver supply, the new regulations could lead to significant supply shortages and price hikes, impacting industries like electronics, solar, and electric vehicles. Analysts predict volatile markets with potential price spikes reaching $100/oz in 2026 amid growing global demand.
Dec 27