The market followed the usual script overnight with war optimism sending stocks, bonds, precious metals and copper all higher. Silver surged more than 5% through last nights session, trading back to mid-March levels, noticeably not as strong as stocks because the market was way too long into February as the speculative bubble burst causing the precious metal to halve in price.
- We can see silver re-testing the $US100 area through 2026, or ~30% higher.
MM is bullish towards silver ~$US80
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