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Silver Prices Keep Confounding Experts. I Won’t Be Surprised If They Hit $100 Soon.
Yahoo Finance· 2026-01-15 16:34
Core Insights - The recent surge in silver prices is considered one of the most remarkable market developments in the commodities sector, with prices reaching a record high of $53.765 in mid-October 2025 before experiencing a temporary decline [2][4] - The silver market is characterized by extreme volatility, with prices doubling in a short period, indicating a parabolic market behavior that defies traditional logic and technical indicators [4] Price Movements - Silver futures were trading at $36 an ounce in August 2025, achieving the $50 mark by November, showcasing a significant price increase [2] - After hitting a record high of $53.765 in mid-October, silver prices fell to a low of $45.51 in late October, reflecting the market's volatility [2] Market Drivers - Safe-haven demand is identified as the primary driver for the increase in silver and gold prices, influenced by aggressive U.S. foreign policy actions [5] - The uncertainty surrounding U.S. foreign policy is causing traders and investors to seek refuge in precious metals like silver and gold [5]
Marjorie Taylor Greene Slams Donald Trump's Strike on Venezuela
Benzinga· 2026-01-04 02:06
Core Viewpoint - Representative Marjorie Taylor Greene criticized President Trump's military strike against Venezuela, questioning its rationale and highlighting inconsistencies in the administration's approach to drug trafficking and narco-terrorism [1][5]. Group 1: Criticism of Military Action - Greene questioned why the Trump administration did not take action against Mexican cartels if the goal was to save American lives from drugs, emphasizing that fentanyl, responsible for over 70% of U.S. drug overdose deaths, comes from these cartels [2][3]. - She argued that the military action against Venezuela seemed more focused on controlling oil supplies rather than genuinely combating drug trafficking [4]. Group 2: Political Implications - Greene's comments reflect a growing divide within the Republican party regarding foreign policy and military intervention, suggesting a shift in priorities towards domestic issues [5]. - Her outspoken nature on these matters may continue to influence political discourse even as her congressional tenure concludes [5].
India now incurs higher U.S. tariffs than China. What does it say about Trump's foreign policy?
CNBC· 2025-11-03 08:02
Core Points - The strategic relationship between India and the U.S. has significantly deteriorated, with experts suggesting that rebuilding trust could take years [2] - U.S. tariffs on India have increased, with a 50% tariff imposed in August, including secondary duties of 25% on Russian oil purchases, contrasting with lower tariffs on China [6][7] - President Trump's approach towards India has shifted from valuing it as a strategic partner against China to a more transactional relationship [4][3] U.S.-India Relations - The U.S. has imposed higher tariffs on India than on China, with a notable 50% tariff and additional duties on oil imports [7] - Experts highlight that the relationship built over two decades has eroded due to various factors, including steep tariffs and visa fees [2] - The perception of India as a partner in balancing China has diminished under the current U.S. administration [3] U.S.-China Relations - Recent meetings between U.S. and Chinese leaders have led to a trade truce, reducing tariffs on Chinese goods from 20% to 10% on fentanyl-related products, resulting in an overall tariff rate of around 47% [6] - The establishment of military-to-military channels between the U.S. and China aims to deconflict and deescalate tensions [5] - The U.S. appears to be prioritizing its relationship with China over India, marking a significant shift in foreign policy [4]