Valcambi, PAMP Suisse, Argor-Heraeus, and Metalor refine China's SGE dore bars (SGE is the physical market) to .995 or better for GFD bars in western markets. and since traders on the LBMA/CME (fake markets) have been taking delivery on contracts, those refiners are beyond capacity.
Moreover the SGE has restricted all gold and silver exports, now requiring export licenses, thus shifting demand back to stretched producers and London's fake EFP market, which is unable to behave honestly or fairly.
Likewise the former United States has declared silver to be a strategic mineral and is planning a reserve, especially since silver is key to building the weapons that the US war department urgently needs. Unlike the phony bitcoin reserve, the US strategic mineral reserves will be real reserves used in practical applications.
Yes, Trump can create an executive order to make possession of gold and silver unlawful for US subjects again. But the Feds can confiscate anything including even your life, and that's probably what it would take to get PM's out of one's "cold dead hands".
Hopefully these points are easy to understand. There is much nonsense being perpetrated by CNBC and other media outlets and spouted by MMT people. Thank you for your attention to this matter!
