Silver Hits $42/oz — 45% YTD Gains —
Commodity giant Trafigura is expanding into gold and silver trading, hiring three experienced traders from MKS Pamp and OCIM to strengthen its presence in the sector. The new desk will handle doré, semi-processed bars refined into bullion, and could eventually push Trafigura into the bullion market traditionally dominated by major banks. The move comes as gold prices hover above $3,500 an ounce and silver climbs more than 30% this year, offering strong profit potential. By diversifying into precious metals, Trafigura is looking to offset competitive pressures in copper and aluminum while tapping into a growing but tightly controlled global gold and silver trade.
Videos
Why $200 Silver Isn’t Just Possible — It’s Probable
In his latest video, Mike Maloney delivers a powerful and urgent message for investors: silver is not just undervalued — it’s poised for a potential breakout that could rival or even exceed its historic surge in 1980. Based on the math, history, and current global conditions, a $200 per ounce silver price is not only attainable, it may happen much faster than most expect. If you’ve been sitting on the sidelines, wondering if you missed the window on precious metals, Mike offers a clear and compelling alternative: Buy silver. The “CP Lie” and the True Price of Silver
September 16, 2025
