Price correction ‘improved the long-term risk-reward profile’ for both gold and silver – Sprott’s Smirnova - KITCO
Price correction ‘improved the long-term risk-reward profile’ for both gold and silver – Sprott’s Smirnova - KITCO
Source: KITCO
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DW NOTE
Sprott's bullish framing ignores the obvious: gold and silver didn't correct, they collapsed — down 16.9% and 43.2% from January peaks while Russia fires 174 ballistic missiles daily and 2,000 ships sit stranded in the Gulf. If wars and supply shocks can't hold these prices, calling the drawdown a "risk-reward improvement" is just repackaging capitulation as opportunity.