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China’s Growing Control Over the Global Silver Supply


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Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 The Chinese government was going to step in and regulate the amount of silver, refined silver, leaving the country.
00:00:11.180 70%, almost 70% of all silver is refined to pure in China.
00:00:17.900 A lot of us have heard that China mines 95% of rare earths.
00:00:21.460 They've effectively now included silver along with those 95% of rare earth elements and control them.
00:00:32.740 And for their own processes, including solar panels, which are produced in China,
00:00:36.240 and electric vehicles, which are being produced in China, silver is a vital ingredient.