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| Silver took the gold medal in 2025, more than doubling its price. So, what drove silver to over $80 an ounce last week? In this episode of the Midweek Memo podcast, host Mike Maharrey takes a deep dive into the dynamics of the silver market, explaining that while there are many factors at play, one fundamental reality underpins it - there isn't enough metal. This dynamic has resulted in a significant silver squeeze, driving prices higher with significant volatility. In this episode, Mike also offers some advice as you contemplate your New Year's resolutions. |
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What Does $1,400,000 in Silver Look Like? #silver #onemilliondollars
2025-09-30
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Precious metals analyst Mike Maharrey of Money Metals Exchange shows a pallet of silver bars that equals around $1,400,000 (USD).
Mike estimates that this pallet of silver bars is worth around $1,000,000.
As of September 30, 2025, this pallet of thirty 70-lb silver bars is worth a little over $1,400,000.
#silver #preciousmetals #investing #commodities #silverbar #silverbars
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