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Black Tuesday bloodbath in gold and silver does not negate the macro logic of the bullion trade

From matein.substack.com

The biggest silver squeeze in my life since the Hunt brothers of Texas tried and failed to corner the devil’s metal is now blowing up in real time, an endgame that was inevitable after silver, with its psychotic volatility at 1.8X that of Dr. Auric, rose a parabolic 80% in 2025 before all hell broke loose at 54.62 an ounce at the tail end of last week. Silver has fallen to 48 as I write, down a ghastly 7.5% in a classic liquidation trade. I have zero interest in being Matt, the juggler of falling radioactive knives now that Mr. Market has gone berserk in the House of Argentum, which is definitely not getting a $20 ... (full story)

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  • Category: Fundamental Analysis