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Price Wars Begin: US Fires Back at China on Silver, Critical Minerals

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by ITM Trading
Thursday, Feb 05, 2026 - 20:08

Vice President Vance told 50+ nations the US will establish coordinated price floors on critical minerals — silver, copper, rare earths — everything China has held hostage through its refining monopoly.

Washington's message: not so fast.

But, while the US scrambles to build refining capacity that's a decade away, Xi Jinping just published his blueprint to replace the dollar with a gold-backed yuan. Dollar share of global reserves? Down from 71% to 57% and falling.

Taylor Kenney connects the dots between the commodity war escalation, China's gold offensive, and the debt doom loop that makes this whole house of cards inevitably collapse on anyone still holding paper promises.

Watch now. 

Follow Taylor Kenney on X.

About ITM Trading: ITM Trading has spent nearly 30 years helping clients prepare for monetary resets, inflation, and systemic risk using physical gold and silver. We focus on education, historical context, and strategies designed to protect wealth when trust in the system breaks down.

Contributor posts published on Zero Hedge do not necessarily represent the views and opinions of Zero Hedge, and are not selected, edited or screened by Zero Hedge editors.
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