… or is something likely to break?
3 Likes
Silver has been more parabolic and volatile than gold. While I made good money in a relatively short period of time, I sold out of $SLV and might do the same with $GLD. The ETF’s seem to not be tracking the price of the metal itself much these days. I think either something very bad is brewing with the USD, or metals are going through a short-term risk to safety, or worse (as some have speculated) are going through a short squeeze.
If something bad is brewing with the USD (which I don’t dismiss), I personally feel a bit safer with $VGK and $IDVO than a precious metals ETF. Who knows just how wrong I might end up being.
2 Likes
Prompted with the hint of JNK doing ok, AI suggests -
Gold + silver ripping while JNK is fine =
Not “something is breaking,” but “confidence in the monetary/fiscal regime is eroding, while the real economy is still standing.”
Think slow-burn pressure, not imminent collapse.
…
History says:
You are in a regime-anxiety phase, not a crisis phase.
It usually precedes:
• Inflationary pressure
• Financial repression
• Currency debasement
• Asset price volatility
• Policy experimentation
5 Likes