Worries about tariffs on importing gold and silver into the U.S. are creating a potential opportunity in the gold and silver markets.

As Midweek Memo host Mike Maharrey explains, the movement of metal into the U.S. incentivized by tariff fears is depleting London vaults and setting up a potential squeeze. This has ramifications for the price of gold and silver.

In this episode, Mike also points out some things investors should keep in mind as we move into the Trump era.