https://x.com/scottsdalemint/status/1885827169709920627
A significant amount of refined silver comes from Mexico. With the new tariffs, it now costs 25% more to import it. Looks like there is going to be a short squeeze on the the paper silver shorts, who typically operate on very slim margins. These traders often engage in a strategy where they buy silver contracts for the front month and sell contracts for a later date (future), hoping to profit from the price differential. However, with the increased sourcing cost, their positions are now deeply unprofitable. The carry trade they've been relying on has come to an end, forcing these short sellers to buy the physical silver they've promised to deliver, which could lead to further losses. This situation mirrors what happened in 2020 when gold and silver prices spiked due to refinery shutdowns.
If the tariffs move to Europe/Switzerland - the same would be for gold.
Meta and DropBox just recently announced their intentions to incorporate in Texas and plenty more are going to follow. Almost exactly a year ago, Judge Kathaleen McCormick overruled an original shareholder vote, and a second one reinstating the pay package in order to get back at Elon Musk. This will single handedly lose Delaware hundreds of billions of dollars.
Right after this Trump looked back and pointed at someone behind him and he looked rather stern. I wonder who he was pointing at? https://www.youtube.com/live/atCvS1ljpF4?si=P0kz6BqUuMM6nHq9&t=1164
I will spare you the video but you can find it on X if you look up the cousin, Suleiman Hilal al-Assad. He was arrested in 2015 for murdering a decorated guard, but was released in 2020 and also involved in drugs and weapons trafficking. I was looking out for official reports, and all reports that were indicating it was false was sourced from a link saying it's unconfirmed.
