Trump’s latest tariff threats—potentially as high as 25% on Canadian and Mexican imports—have the financial world buzzing. Commodity markets are already rattled, and analysts are scrambling to predict the fallout. Some fear supply chain disruptions in metals like copper and zinc. Others worry about rising costs in energy markets. But here’s the real story the mainstream isn’t telling you: tariffs are just another mechanism for inflation, and inflation is fuel for gold and silver prices. According to Bart Melek, global head of commodity strategy at TD Securities, the biggest impact won’t be supply shortages of gold and silver—it’ll be the inflationary pressure caused by broad-based tariffs. “If we do see these broad tariffs against commodities, against manufactured goods, ultimately I…
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