The Battery That Just Beat Toyota. What It Means for Silver

From silverpriceforecast.com

Silver is trading around $80 today, roughly 34% below the January 29 all-time high of $121.67 and within 3% of the April 17 intraday peak, recovering sharply as news broke that the US sent a one-page memorandum of understanding to Iran through Pakistani mediators, sending oil down more than 6% and easing the inflation expectations that had weighed on silver throughout April. The Fed transition is in its final days: Warsh cleared the Senate Banking Committee 13-11 on April 29, with a full Senate floor vote expected the week of May 11. None of this has altered the supply picture documented in the World Silver Survey ... (full story)