-
Silver Follows Smart Money
From hero to zero, it takes just one step. Once hailed as "gold on steroids," or "gold squared," silver has now turned into the "widow-maker." It can quickly punish traders who overvalue its upside. That is exactly what happened at the end of January, when XAG/USD plunged by 36%, marking an all-time negative record. At that moment, it became clear the bubble had burst. The situation inevitably brings to mind the story of the Hunt brothers, who cornered the silver market in 1980 and drove prices up to $50 per ounce. After that, the market collapsed and failed to return to those levels for more than 4.5 decades. The ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Gold and silver markets remain stuck in volatile, two-way trade after January delivered record price swings across precious metals. While sharp end-of-month sell-offs produced classic reversal signals on higher timeframes, history suggests such patterns can lose potency following extreme volatility. With price action now marked by whipsaws and fading ...
From fxstreet.com | Feb 6, 2026
Silver (XAG/USD) trades firmly higher on Friday and hovers around $76.20 at the time of writing, posting gains of 3.50% on the day. After coming under pressure earlier in the day, the white metal attracts dip buyers amid a renewed shift toward safe-haven assets and revived speculation about a more accommodative US monetary policy. The return of risk ...
From kitco.com | Feb 6, 2026
The recent price action in gold and silver is unsettling for many investors by any historical standard. Intraday swings that once seemed implausible for precious metals have become routine, challenging long-held assumptions about gold’s role as a source of stability in uncertain times. Beneath this volatility, however, many analysts argue that the market is ...
