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  1. 13th December 2025, 07:43 AM #1
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    Silver Demand

    Smelters are not even accepting sterling now, dealers are paying several dollars under spot for 90% junk silver coins because the smelters are backlogged.
    This sounds like industrial demand to me, not momentum investors. If demand is caused by weak dollar, what does that have to do with smelters?
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