The truth will set you free

Bessent will buy back up to $6B in long-dated USTs today between 1:40 and 2:00 PM ET.

And since the US is broke, he has to issue T-bills to finance that.

At the same time, Warsh has been busy printing money to buy more T-bills than covid era.

Can you say QE?

add 17 trillion to above graph

A gift some would say...

If you purchased silver at 60,70,80,90 and 100Plus

the whole silver thesis is still intact

1. 🇨🇳 Shanghai Futures Exchange: 220.2 billion oz
   
2. 🇬🇧 LBMA (London OTC): 148.4 billion oz
   
3. 🇺🇸 CME: 139.7 billion oz
   
4. 🇮🇳 MCX: 27.4 billion oz
   
5. 🇨🇳 Shanghai Gold Exchange (T+D): 2.6 billion oz

Silver 2025 mine output: 0.85 billion oz

Servers overheating and all

Provident sold well over 15 percent of all of its 10 oz 1 kilo and 100 bars...Look at the starting inventory with time stamp to the ending balance as of this afternoon...So when bankers short silver stackers buy in full force...I expect to see more than 20 percent of these bars to be gone by the end of the day..Provident also added 700 k of inventory today so net sales are almost 1.5 million dollars on only these bars .

Been trading stocks and commodities for 40 years

does one have to track the purchase and sale price of a ring with precious metals in it, like if the marriage goes south and i sell a wedding band and the price of precious metals goes way up in the mean time. Am I held liable for gains taxes for just a ring?

What an upside down world this is.

This is a problem for Bessent. This is the only paper he’s issuing.

Who is going to buy all of this?

tesla demand for silver


Tesla and its CEO Elon Musk face a growing industrial demand for silver, driven by the metal's use in electric vehicle (EV) electrical systems and solar energy products, even as global silver prices surge. [1, 2]

Silver Usage in Tesla Vehicles
Per-Vehicle Consumption: Each battery electric vehicle (BEV) typically uses between 25 to 50 grams(roughly 0.8 to 1.6 ounces) of silver, which is about two to three times more than a standard gas-powered internal combustion engine (ICE) car. [1]
Production Volume: With hundreds of thousands of quarterly deliveries (such as 358,023 vehicles in Q1 2026 alone), Tesla's auto production accounts for thousands of kilograms of silver consumption each quarter. [1]
Critical Conductivity: Silver's unmatched electrical and thermal conductivity makes it vital for high-efficiency power electronics, wiring, and battery management systems where copper cannot be easily substituted without performance losses. [1, 2]

Solar and Energy Expansion
Solar Integration: Tesla and related clean energy ventures rely on silver for photovoltaic solar cells, where silver paste conducts the electricity generated by the panels. [1]
Macro Supply Pressure: Elon Musk has publicly voiced concern over soaring silver prices and new export restrictions (such as those from China), noting that silver is a critical input across multiple high-tech manufacturing processes. [1]

Market Context and Constraints
Global Deficit: The wider market has experienced consecutive years of structural supply deficits where industrial and investor demand outstrips global mine production. [1, 2]
Cost Impact: While soaring commodity prices draw attention, industry analysts note that silver remains a relatively small fraction of a total vehicle's manufacturing cost, meaning minor price fluctuations rarely cripple overall EV production economics. [1, 2]

Would you like to know more about silver substitution efforts in EVs, or are you looking for current silver market pricing and trends?

With this being said why is the price sluggish?