Transcript
A (0:00)
Introducing your new Dell PC with the Intel Core Ultra processor. It helps you handle a lot, even when your holiday to do list gets to be a lot like organizing your holiday shopping and searching for great holiday deals and customer questions and customers requesting custom things. Plus planning the perfect holiday dinner for vegans, vegetarians, pescatarians and Uncle Mike's carnivore diet. Luckily you can get a PC with all day battery life to help you get it all done. That's the power of a Dell PC with Intel inside, backed by Dell's price match guarantee. Get yours today@dell.com holiday terms and conditions apply. See dell.com for details. This podcast is supported by Odoo. Some say Odoo business management software is like fertilizer for businesses because the simple, efficient software promotes growth. Others say Odoo is like a magic beanstalk because it scales with you and is magically affordable. And some describe Odoo's programs for manufacturing, accounting and more as building blocks for creating a custom software suite. So Odoo is fertilizer Magic Beanstalk building blocks for business Odoo exactly what businesses need. Sign up@odoo.com that's O D O O.com atomic symbol Au has been getting love from investors during these uncertain times, but let's spare a thought here for ag, I'm David Brancaccio in Los Angeles. We're coming up on two weeks since gold crossed above $4,000 an ounce for the first time at a time of uncertainty. Maybe gold would hold value if things were to fall apart is part of the logic now. Silver is not chopped liver either. It hit an all time high last week and it's gone up gold this year. Helping fuel that rally is an actual physical shortage, marketplace's Savannah Peters reports.
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At the beginning of the year, something weird was happening in the silver market. Huge volumes of silver bars were being flown from the Metals International trading hub in London to New York. People literally were putting metal on airplanes and shipping it across. Maria Smirnova is with Sprott Asset Management. She says silver is heavy. Shipping it by air across an ocean normally just isn't profitable. But fear over President Trump's tariffs was driving up silver prices on the US market. And that's starting to happen the other way now. People are putting metal on planes to go back, Smirnova says. That unusual flow of silver into the US in early 2025, plus a spike in demand for silver during the Diwali holiday in India, helps explain why the London exchange nearly ran out of physical silver last week. But underlying all of that is a longer term shortage of the white metal. There hasn't been enough investment in silver mines in the last 10 years. Global demand for silver has been outstripping supply since 2020, according to the industry trade group the Silver Institute.
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Quite frankly, right now where we speak, this fifth year will more than likely extend into a sixth year of a structural market deficit in 2026.
