Mexican Silver
Will they or won’t they? In 2023, 99% of Mexico’s silver exports went to the United States. Will they use this nuclear option in retaliation to Trump’s tariffs?
Given that silver is fungible and has global demand, I am sure the Indians and Chinese would be happy to buy Mexico’s silver without any tariff attached. Might that be part of the plan to bring about a short squeeze and end the manipulation?
Not only is Trump moving to make America Great Again, he could end up making Mexico greater than it has ever been. If he goes forward with Special Operations against the cartels, he can unleash Mexico from the hold they have had for at least 50 years. Just as important, if the tariffs indirectly lead to the end of the silver price manipulation and silver is priced more in line with it’s industrial demand and monetary value, Mexico’s economy will soar, as it is the largest producer of silver. While the new Mexican President has to talk and ACT tough for domestic political consumption, she probably welcomes Trump cleaning out the cartels for her and will benefit from both that and the higher silver prices. MMGF Making Mexico Great Finally.
Interesting Theory CM