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XAG/USD Set to Explode: China’s Export Curbs Collide with US Silver Stockpile Drive
China’s Ministry of Commerce introduced strict export licensing on refined silver, limiting permissions to a tight list of state-approved, high-volume entities. Protect their domestic manufacturing base. China dominates global solar panel manufacturing and electric vehicle (EV) infrastructure. Because silver is the most electrically conductive metal on Earth, they cannot scale their green-tech or advanced computing dominance without monopolizing the physical metal. To complement direct export limits, China implemented an export ban on sulfuric acid. Sulfuric acid is the essential chemical input used in heap-leach ... (full story)
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Iran's Islamic Revolutionary Guard Corps (IRGC) Navy announced that the Strait of Hormuz will be "temporarily closed until further notice," and no ship will be allowed to sail through the waterway, blaming the United States for violating the memorandum of understanding (MoU). The Strait will remain blocked until the US "ceases its interference in [the] region," the navy said in a statement. "Should the aggressor, exploiting this incident (which it itself caused), commit any further transgressions, we shall respond forcefully, and additional enemy bases in the region will be targeted," the IRGC Navy warned, adding that the blame for such an escalation would fall on the US, Israel, and "countries that have placed their territories" at their disposal. IRGC fired a missile at a commercial cargo ship that tried to pass through the strait of Hormuz, U.S. official says. Ship was hit and suffered damages
*US SAYS HORMUZ IS OPEN TO ALL VESSELS SEEKING SAFE TRANSIT The Strait of Hormuz is open to all vessels seeking to lawfully transit the international waterway. U.S. forces are positioned and prepared to ensure that freedom of navigation remains available despite unwarranted Iranian aggression, harassment, threats, and arbitrary… pic.twitter.com/FS3TUBOZEj
From thestreet.com | 1 hr 9 min ago
Four and a half months later, here is what $10,000 placed in each of five assets that Friday afternoon would be worth today. Two of the five made money, and neither of them is the one that was supposed to. For context, this is how this was calculated: Prices are closing levels on Friday, February 27, 2026, the last trading session before the attack, ...
