About silver
1. Insiders pointed out that silver not only has monetary properties, but also the application of new energy in the future will be a potential explosion point of silver. For example, solar energy technology, new energy green technology and so on. So the industrial demand for silver may surge.
In fact, silver has performed well in the past year. Driven by the fall of the US dollar and the expected recovery of the global economy from the epidemic, silver rose by more than 50%. In the report of 654381October 27th, Goldman Sachs Group called it "the preferred precious metal", and the price target was set at $30 per ounce.
3. However, due to the sustained recovery of the US economy, the market is worried that the Federal Reserve will tighten its monetary policy, and the gold ETF will continue to reduce its holdings, dragging down the price of gold and silver. Retail stocks rose unsustainably, and brokers plunged after introducing restrictions. Although the fundamentals of silver are bullish, there is no basis for high inventory, so the surge is unsustainable, and after the surge, CME greatly increased the trading margin of silver futures, resulting in a sharp drop in silver yesterday.
Silver returns to fundamental value
1. Regarding the trend of the subsequent silver market, Xue Na believes that this round of air-to-air war may come to an end temporarily. Domestic silver generally followed the trend of the external market, and forced air combat also led to a sharp rise and fall in domestic silver. It is expected that the price of silver will return to the fundamentals, and it should fluctuate and adjust for a period of time after the skyrocketing and plunging, and then there will be a new market. However, at present, the fundamentals of silver are still on the high side, but the risk of market inflation and plunge is greater. Investors are advised to wait and see temporarily. After stabilization, the trend of silver is still bullish before the launch of a new round of rescue plan in the United States.
2. Silver returns to fundamental value. The differentiation between the outer disk and the inner disk indicates that the sufficient production capacity and inventory suppression of silver in China will appear, and the "sleepless" scene of silver is expected to come out. Precious metals such as platinum and palladium deserve more attention. Because its supply, demand and trading market are not as extensive as silver, and there is a relatively perfect financial derivatives market, which conforms to the principle of game-station synergy promoted by derivatives and spot. Therefore, enterprises with palladium and platinum inventory or physical demand need to bear the risk of large price fluctuations in Dyke's later period.