Precious Metals Expert: Silver is About to Explode Higher

Now here’s a story!

Last year copper prices plunged more than 20 percent in one of the largest single-day declines ever seen in the market. What happened?

Alasdair Macleod

In late July 2025, the Trump administration announced that its 50 percent copper tariff would only apply to semi-finished copper products. The price of commodity copper, unfinished copper that was being stockpiled for protection from those tariffs, tanked.

Since then, the price of copper has climbed to all-time highs.But what does this have to do with silver? Most silver production is a byproduct of the mining other metals, notably copper.

Alasdair MacLeod, a well-known financial writer, researcher, and precious metals expert, explains the rest of the story in these bullet points:

• Global silver supply is tightening, because 56 percent of mine supply comes from copper and nickel ores the processing of which requires sulphuric acid which is not easily sourced due to the Hormuz closure and China withdrawing from exporting it.

• Copper and nickel prices are hitting record highs suggesting that silver should be as well.

• Industrial demand is increasing driven by a number of factors, adding perhaps 10% or more to The Silver Institute’s estimates of industrial demand, increasing the supply deficit. The industrial shortage is increasing significantly.

• China is severely restricting silver exports and has become a net buyer in record quantities.

Learn more at MacLeod’s Substack. To protect yourself and profit from higher gold and silver prices call or stop by Republic Monetary Exchange for a no-obligation consultation with one of our precious metals professionals.