CHINA'S SILVER EXPORT RESTRICTIONS COULD SHAKE GLOBAL INDUSTRY

Starting January 1, 2026, China will require government licenses for all silver exports.

The timing couldn't be worse.

Silver prices have nearly doubled since May, surging from around $38 to over $74 per ounce as physical markets struggle to meet demand.

Elon weighed in on the news, warning that silver is essential for "many industrial processes."

He's not exaggerating.

Silver is critical for solar panels, EVs, electronics, medical equipment, and 5G infrastructure.

It's the most electrically conductive metal on Earth, making it irreplaceable in many applications.

China controls a significant portion of global silver refining.

Export restrictions mean tighter supply, higher prices, and potential bottlenecks for green energy and tech manufacturing worldwide.

The energy transition just got more expensive.