Silver has jumped to $38/oz, driven by a wave of demand, tightening inventories, and rising geopolitical tensions. Prices are now up 35% year to date, with no signs of slowing. This latest breakout follows a burst of preemptive buying from investors concerned about President Trump’s new round of tariff threats targeting Mexico, the world’s largest supplier of physical silver. The rush in demand is running headfirst into a strained supply, with experts forecasting a global silver deficit continuing into 2025. Silver Rally Gains Steam with 30% YTD Surge: Over the weekend, silver prices spiked to $38/oz, representing a ... (full story)