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Scott Melker highlights the surprising volatility in silver, traditionally seen as a stable asset.
In just 36 hours, silver has traded within a 22% range, with prices fluctuating between $121 at the top and $94 at the bottom. Melker attributes these sharp price movements not to fundamentals but to pure speculation, warning that many investors could face significant losses.
Such heightened volatility in silver serves as a reminder of the risks inherent in markets driven by sentiment rather than fundamentals. Similar concerns have surfaced in Melker’s exploration of the US’s use of Venezuelan oil to manage debt obligations, highlighting the unpredictable nature of financial strategies under pressure. Additionally, calls for greater market clarity remain pertinent as investors navigate environments shaped by both speculation and regulatory uncertainty.