China just posted its biggest silver grab in eight years. Here’s why it matters as the country is tightening its grip on the world.

Why Supply Can’t Catch Up — Global mine production is projected at around 820 million ounces this year. Most of that silver comes up as a byproduct of copper, lead, and zinc mining. That means the new supply depends on whether copper and zinc producers want to expand.

As we detailed in our recent copper analysis, China announced on April 10 that it would halt sulfuric acid exports starting May 1. That restriction also tightens global silver supply, since most of the world’s silver comes up as a byproduct of the same copper, lead, and zinc operations that run on that acid.

https://prinsights.substack.com/p/the-silver-squeeze-just-got-real