Silver Shatters Records with Unprecedented Performance This Year
Silver has delivered a historic rally, gaining 37% in under a month and setting new all-time highs. The metal, traditionally a safe-haven asset, has exhibited volatility akin to altcoins, with its price breaking key resistance levels after three attempts. Investment guru Peter Schiff attributes the surge to central bank buying amid concerns over dollar erosion, while analysts debate whether the rally mirrors 2008's market conditions.
Market observers remain divided on silver's trajectory. Patrick Karim emphasizes historical patterns suggesting sustained momentum, while Bald Guy Money anticipates shallower corrections than those seen in previous cycles. The metal's performance continues to defy expectations, blending characteristics of both precious metals and speculative assets.
