US Wars Against Russia, Iran & threats against China Yields Massive Shortage of Silver and Semiconductors. National Stockpile Insufficient.
Shareholders in some of the Largest Silver Mining Companies Getting Crushed by The Silver Institute's Incompetence
The Silver Institute's lack of warning, leadership, and expertise has resulted in significant consequences for shareholders in the mining industry.
Under their watch, the Department of Energy deleted Silver as a critical mineral despite our massive silver shortage.
This decision has left many questioning why Silver was not listed as a critical mineral in the first place. The answer lies in the Silver Institute's failure to educate lawmakers on the importance of Silver used by the primary users of Silver in the US (which are undisputedly defense contractors, Department of Energy, Aerospace, AI, computing, electronics, photovoltaic, and technology.)
The United States claims to recognize the significance of critical minerals in establishing a military bureau called the Defense Logistics Agency but has failed to secure a robust or resilient supply chain and ensure national security.
Recently, attempts have been made to get the Biden administration to address or even recognize the lack of strategic stockpiles, reduce dependence on foreign sources (and prevent supply chain disruptions).
Remember that during the Biden regime, we witnessed the most significant drawdown of Strategic Petroleum Reserves, which occurred for no apparent reason other than lowering gas prices before the mid-terms.
Unfortunately, without proper advocacy and education from the Silver Institute, Silver was overlooked as a critical mineral in the eyes of lawmakers.
As a result, shareholders in companies such as Hecla Mining, Coeur Mining, Endeavour Silver Corp., SilverCorp Metals, Gatos Silver, Pan American Silver, Vizsla Silver Corp.Industrias Peñoles, and Fresnillo now face the loss of billions of dollars.
The absence of Silver as a critical mineral means that these companies lost billions, impacting their shareholders and the broader economy.
Editor's note: The Silver mining companies listed above are not to blame for the Silver Institute's negligence. The following points should be established
1. Silver is the most critical mineral due to its physical properties (ductility, malleability, thermal properties, corrosion resistance, conductivity and reflectivity)
2. Short trading on the futures market has created an artificially low price of Silver. (A year's mining activity can change hands in two or three Wall Street trading sessions. This practice of short selling is not permitted on the Shanghai Exchange)
3. Bankers like JP Morgan Chase and Bank of America take these wreckless short sale positions amidst a massive silver shortage. They understand that they make out like bandits when they cover, and if they lose, the public will bail them out.
4. The Silver Institute serves the interests of banking, the military, the Federal Reserve, and Dept of Treasury elites.
5. One way they do this is by peddling pathetic research they name the World Silver Survey (that no one asked for)
6. Misguiding Silver investors by publishing grossly deceptive data for the past 20 years has irreversible consequences. Silver investors have been misled by an incorrect picture of supply vs. demand dynamics.
5. The Silver Academy believes physical Silver is a strong recommendation because Silver is the world's most undervalued commodity.
6. The Silver Academy believes buying Silver mining equities is a way to gain exposure to Silver leveraged when selecting the right miner with high-grade Silver with the right team in place to bring their metal to market
7. The Silver Institute is scheduled to appear on GoldChain on March 19th to answer questions by Reddit "silver stackers."
Video - “2 suspects named in Silver Price Rigging Scandal?”
and a second video emerged
More sources:
https://www.cfr.org/backgrounder/state-us-strategic-stockpiles
https://www.defensenews.com/congress/2022/05/23/congress-and-pentagon-seek-to-shore-up-strategic-mineral-stockpile-dominated-by-china/
Why is Silver Missing?
https://www.bloomberg.com/news/features/2024-02-20/us-china-washington-ramps-up-hunt-for-ev-metals-to-secure-its-own-supplies?srnd=premium-canada&sref=bsUD5q46&embedded-checkout=true
US Bid to Loosen China’s Grip on Key Metals for Is Stalling
Washington’s efforts have so far had limited success, and some mining executives complain of a lack of coherent strategy at a time when metal prices are falling.