Elon Musk Sounds Alarm as Silver Prices Surge

Is Elon short silver? Tesla CEO Elon Musk has raised concerns over skyrocketing silver prices ahead of major export policy changes in China, warning that the situation “is not good” for industries that depend on the the precious metal.

As many of you have been reading my recent posts you already know the price of silver has climbed sharply in recent weeks, reaching record highs as the global market braces for export restrictions that Beijing plans to implement from January 1, 2026. Musk expressed his unease in a post on X, emphasizing that silver is essential in many industrial processes from electric vehicles and electronics to renewable energy technologies. It really seems like he does not want anything eating into his profits. I dislike Musk, but understand the concern among manufacturers that higher silver costs could squeeze profit margins and slow production plans. Such a surge can ripple through supply chains, potentially affecting prices of goods that rely on silver, but silver has been suppressed for many years and it's now finding it's actual price which manufacturers will have to navigate.

Currently I'm watching closely as China’s new regulations take effect early next year, the silver market is likely to stay volatile which opens opportunities for good trades.