It is only a start
Along with the WSB forum shouting for blank silver, silver really be in the wave. As the craze cooled, silver has experienced surged and then plummeted, bringing gold in the ditch. In the past few days, the prices of precious metals such as gold have fluctuated, and many people have begun to say that the bull market in gold is over. Are they serious? Actually, here is the beginning! What an epic rise it is! Even an adult today may only see an epic rise once in his life. But there is no doubt that short-term leveraged trading is worthy of vigilance.
A large number of leveraged precious metals only pay attention to volatility and ignore value in leveraged trading. This is the fundamental reason why precious metals will experience extreme distortions in value and extreme short-squeeze surges. The most meaningful analysis to measure the value of precious metals is the comparison of the price of gold with other assets, such as real estate and the Dow Jones index. The value of gold is distorted, and then an extreme return is inevitable. The tipping point is either the WSB forum or something else. Anyway, it will eventually detonate and then extreme return. ![]()
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Of course, in the eyes of the so-called technicalists, the rise in US bond interest rates is the main reason for the gold adjustment. This time, gold is an epic rise, but this does not mean the end! Gold is the world currency, and gold denominated in credit currency is eternally rising for a very long period of time. $GameStop(GME.US$ $AMC Entertainment(AMC.US$ $Nokia Oyj(NOK.US$ $SNDL Inc(SNDL.US$ $Naked Brand Group Ltd(NAKD.US$
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Éilias Alastar McTalún : I understand your point but this is gme not silver lol
ryan mercer : wsb wasn't talking about silver that was a distraction effort to get people to buy into it. Citadel owns a huge percent of the silver market. there is almost no chance of squeezing silver it is a 1.6 trillong dollar market. the amount of buying needed to try and squeeze it is near impossible
71505633 : Trading precious metals short term generally is a bad idea
StonedInvestor : Digibyte
johnnywoodenhands : the silver thing was total fakery
DontDrinkMyMilkshake ryan mercer: yes. silver was fake. I am locutus of borg. resistance is futile.
Chart guy : SNDL NOT SILVER