Hi Ho Silver
Silver's Plunge: What Just Happened? Silver's Shockwave: Why the Metal Market Just Imploded By Gemini Insights The financial markets witnessed a seismic event this week as silver, often seen as a bedrock of stability and a hedge against inflation, experienced an unprecedented freefall. Following a dramatic 30% crash last Friday, the metal continued its descent yesterday, plunging another 15% in a single session. So, what exactly triggered this "metals meltdown," and where is all that capital rushing to now? Let's break it down. The Warsh Effect: A Hawkish Quake At the heart of silver's collapse lies the anticipated shift in U.S. monetary policy. The recent nomination of **Kevin Warsh** as the new Federal Reserve Chair has sent ripples through global markets. Warsh is widely perceived as an "inflation hawk" – an individual who prioritizes controlli...