Silver is trading at $78.67 on the Monday London session after a 35% crash from its record peak last Thursday. The move from $121.00 to $78.67 is not merely a technical correction; it is a structural “reset” of the precious metals market. The primary driver is the “Warsh Factor.” Market participants view Kevin Warsh as a monetary hawk likely to prioritize balance sheet discipline and inflation control over open-ended liquidity. This shift in Fed leadership expectations has caused US Treasury yields to surge, making the non-yielding Silver less attractive. Additionally, as reported by Yahoo Finance, the Shenzhen Stock ... (full story)