Here's an interesting bit of news from a Macro perspective.

Japan's largest Precious Metals dealer and refiner, Tanaka, recently announced they will restrict the withdrawal of physical bullion starting December 16th 2025

Sprott did an excellent piece on why Silver is key to the Green energy transition

This is key for two reasons
1. Industrial use will increase

And more importantly

2. This changes the view on mining for investment. For 40+ years mining has been considered a dirty business and so large retirement funds from Calpers, Ontario Teachers Pensions, Ivy League and other college endowments were restricted from investing in mining.

But if Silver is now classified as key to the "Green Energy Transition" then these large pension and retirement plans can invest in Silver and Silver miners as they are now considered "Green"
https://sprott.com/insights/silver-s-critical-role-in-the-clean-energy-transition/