#523 ART -Silver's Surge, Trust's Collapse
Description
A conqueror once tipped the scales with a sword and called it justice. That line from Rome echoes through today’s markets as silver, gold, and Bitcoin are repriced by hard reality: physical demand, fragile paper claims, and institutions quietly cornering supply. We trace the last year’s whiplash—from Bitcoin peaking then sliding, to silver spiking toward $60, to gold setting records—through a single lens: trust. When counterparties wobble and delivery matters, the market stops listening to narratives and starts counting ounces.
We unpack why India’s appetite for silver has become the swing factor, redirecting metal from London to Mumbai and, at times, by air from Asia. We dig into the multi‑year supply deficit, constrained mining pipelines, and why “peak silver” appears to be behind us for now. On the gold front, central banks aren’t the only whales; stablecoin issuers like Tether are now among the top buyers, signaling a structural shift where private monetary networks back digital liabilities with hard collateral. Layer in the quiet fade of petrodollar arrangements and a rise in de‑dollarization, and a new settlement architecture comes into view: stablecoins for rails, gold and Bitcoin for reserves.
Zooming out, we connect the monetary reset to geopolitics and information warfare. War powers talk around Venezuela underscores how resource security bleeds into markets. Meanwhile, a new Psyops recruitment push embraces memetic culture, reminding us that perception is a battlespace and words are weapons. The takeaway is practical: choose custody over claims, weigh what you can hold, and build resilience before the next shock forces your hand.
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