Current location - Trademark Inquiry Complete Network - Futures platform - Will the price of silver fall again?
Will the price of silver fall again?
Silver is the shadow of gold. When gold goes up, it goes up, and when it goes down, it goes down more than gold. As for the reason, it will come down to the silver age, because silver was a symbol of imperial power a long time ago. But at present, silver can't be used as a safe haven currency. So the landlord should not rely on silver to avoid inflation or economic crisis.

I have also answered the questions of two netizens before. His question is, "If the world economy falls into deflation, to what extent will gold and silver fall?" And "Why has silver plummeted recently? Is it influenced by the United States? " I gave the following answer.

First of all, the price of gold and silver will not be adjusted back to the price before 10, and the maximum price is 1.300 USD/oz. We know that gold is a special precious metal and a hard currency. Judging from the current situation of international economic development, the main problems are the current debt crisis in the euro zone and the slow (lagging) economic growth in the United States. The European debt crisis cannot be solved in a day or two. The euro was buried before it officially became a currency in circulation (the consumption of the main members of the euro is negative, which exceeds consumption in advance), but there is no effective institution in every country in the region to control the sudden economic situation, so once there is a problem, its impact will be a chain reaction. Then it caused investors to panic and worry about the financial market, so that most investors took their funds out of the stock market to buy dollars and gold as a safe haven. The direct consequence of this is that the price of gold has been speculated higher and higher, which has deviated from its normal rising value. Then, because Fitch, the world's three most famous rating agencies, downgraded the credit rating of the United States, this led to greater panic among investors in the financial market. They withdrew all these investments and converted them into cash to avoid risks. Then the price of gold will definitely fall. After all, no one is stupid enough to go out shopping with gold bars. Then, as the news of the downgrade of the US credit rating is gradually consumed by the market, the rational return will slow down the decline of the gold price. After all, gold is more valuable than dollars, so when you buy dollars, you should also consider when it depreciates. At present, we can pay attention to the economic development of the United States and the euro zone. Although both countries have problems, the economy of the United States is relatively stronger than that of the euro zone countries. You can go and see several major precious metal fund institutions in the world. During this gold plunge, they didn't sell a lot of gold, and some of them were still adding positions. It can be seen that the current plunge of gold is preparing for the future rise. The value attribute of silver is basically the same as that of gold because it is the "shadow" of gold. To sum up, this gold/silver plunge can only be said to be a relatively big callback.