L.Lim
01-27

Honestly considering how high it jumped, that was an anomaly, likely hinting that the rally will still continue.

If anything, it seems like the world has fully bought into the idea that the turbulence will not go away quietly, especially with the us president wanting to stick his fingers in the pies of friends and foes alike. The trend of seeking refuge in precious metals will continue.

I seriously worry for the industrial application side of silver, specifically for solar panels as there will be no suitable substitute, despite claims of looking for viable substitutes among common metals. Solar panel prices dropping over the years, has been a accelerant for a greener and more sustainable future, but is now threatened by the volatility of the world.

How ironic that the us president is a climate change denier, and his actions has gone full circle to impact an arm that helps to combat it. Truly a genius at causing chaos and destruction.

Silver -14%! Continue to Short To $60?
Precious metals sold off sharply in Asia. Spot silver plunged 14%, breaking below $76/oz, while gold slid over 2.5%, falling through $4,840/oz. Easing geopolitical tensions in the Middle East and U.S.–China relations, combined with resilient U.S. economic data, reduced safe-haven demand. How do you view Silver's plunge? Would it decline further to $60 or $50? Have you taken profits? What price would be adding chance?
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Comments

  • Mayflying
    01-28
    Mayflying
    He is a truly narcissist and businessman, rather than doing things to combat the climate change or not. Never a concern to him.
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