Silver near $60: Why the August drop may not be over - KITCO
Silver near $60: Why the August drop may not be over - KITCO
Source: KITCO
―
DW NOTE
Silver dropped 48% from its one-year high because the wartime premium evaporated faster than the wars did. The Strait is still closed, Ukraine still gets shelled nightly, Lebanon is still a combat zone — yet silver priced in none of it by August. That's not a technical correction. That's the market saying it never believed the supply shock mattered in the first place.