The crisis behind the rise of silver: when the paper system begins to failWritten by: Xiao Bing | Deep Tide TechFlow
In December, the precious metals market's star is not gold, but silver, which is the most dazzling light.
Rising from $40 to $50, $55, $60, it has surged through one historic price level after another at an almost uncontrollable speed, leaving little room for the market to breathe.
On December 12, spot silver briefly reached a historic high of $64.28 per ounce, then sharply plummeted again. Since the beginning of the year, silver has increased by nearly 110%, far surpassing gold's 60% gain.
This appears to be an "extremely reasonable" rise, but it also makes it particularly dangerous.
The Crisis Behind the Rise
Why did silver rise?
Because it looks worth it.
According to mainstream institutions' explanations, all of this is reasonable.
The Fed's renewed expectations of interest rate cuts have rekindled the precious metals rally, with recent employment and inflation data showing weakness, and the market is betting on
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