Silver as an asset for investment diversification

[STT]

OP is DeBeer and we're discussing diamond market    I'm taking notes but I wonder how diamonds can compete vs new technology to produce them industrially.
  Silver and gold remain elements with strong demand both monetary and industry even for gold those its a minor to central banks buying.  The net purchase by central banks has been true since the century start, its been a while but China for example started with 0% reserves and they remain far behind I believe.

  Both China and Japan have reduced their dollar foreign reserve holdings contributing to some weakness in the dollar index.  I think all these trends continue but prices might become less volatile returning to averages.  The pullback in silver is a reflection of less leverage available in some major markets such as Chicago.
   This trade is just loose money but the base demand at use vs production supply remains bullish over years is likely true, thats good for miners as years is what it takes them to pull the physical out of the ground.

[juttsab@]

Silver was definitely at a good level when the topic started, so anyone who bought back then is sitting comfortably now. The recent run-up has been strong, but I agree that chasing it at current prices isn’t ideal.
We’re still close to the ATH, and silver is known for deep corrections after sharp moves. A 25–30% pullback wouldn’t be unusual at all. Personally, I’m also waiting for a better entry rather than jumping in right now. Patience usually pays off with silver.

The recent decline in Silver's price shows that some people are taking profits and it might not be a good time to get in at this point.
We can't surely say whether the price will keep falling or not because as of today the price is quite stable.
Silver is taking it well and we will have to monitor the situation to see if the price goes up or down.
I am still wondering what to do in case the price starts pumping again.
Should I consider going in any way or hope that the dump will occur and then start buying Silver.

Silver is looking excellent investment at that time because many people have not enough money to invest in Bitcoin and they have not enough money to invest in Gold . Many people are are poor but they want to invest online and silver is best for them because we are watching high price increase day by day . We saw the silver when it was at 49$ and we saw price of that at 80$ and many people made money at that time and they sold the silver at that time. Many people are earning good in gold but they invested lot in gold but they have to invest little amount to get more profit. Millions of people are watching silver at peak and thet will Invest and many people will sell at that time but you should invest because its price will increase 3 percent yearly.

[DrBeer]

OP is DeBeer and we're discussing diamond market    I'm taking notes but I wonder how diamonds can compete vs new technology to produce them industrially.
  Silver and gold remain elements with strong demand both monetary and industry even for gold those its a minor to central banks buying.  The net purchase by central banks has been true since the century start, its been a while but China for example started with 0% reserves and they remain far behind I believe.

  Both China and Japan have reduced their dollar foreign reserve holdings contributing to some weakness in the dollar index.  I think all these trends continue but prices might become less volatile returning to averages.  The pullback in silver is a reflection of less leverage available in some major markets such as Chicago.
   This trade is just loose money but the base demand at use vs production supply remains bullish over years is likely true, thats good for miners as years is what it takes them to pull the physical out of the ground.

This often happens when comparisons or examples with other similar or related assets are made

Okay, let's get back to pure silver! HSBC is not the most obscure source of analytics, and it says the following:
"HSBC raises silver price forecasts due to continuing deficit. HSBC has raised its silver price forecasts, arguing that the continuing physical deficit, strong investor demand, and favorable macroeconomic conditions will continue to provide support in 2026, even as some components of demand weaken.
The bank now expects the average price of silver to be $68.25 per ounce in 2026, up from its previous forecast of $44.50, and $57.00 in 2027."

[SamReomo]

We saw the silver when it was at 49$ and we saw price of that at 80$ and many people made money at that time and they sold the silver at that time.

Well, Silver has been very profitable for investors who invested in it when it was still below $50 per ounce, but the ones who invested in Bitcoin at the start of the year have also made some good profits to be honest.

Now, the price of Silver is going down because people are taking profit from their investment but if it goes worse then we might see Silver down to $70 or even $65 per ounce.

So it's on investor who could hold the investment for long term to take good profits from it and also to keep hoping when the asset is going down in value, but not selling it at loss.

[DrBeer]

Thank you—a very interesting selection and analysis.
I also believe that silver, and with it copper (these metals are actually mined together, as silver is rarely found in its pure form, most often it is present in ores of other metals, especially copper), may continue to grow in the near future precisely because of the growth in technological demand. The problem is that there is currently no substitute for them, and demand is growing. Of course, copper is more difficult in terms of investing in real metal for private investors, but I do not rule out that tokens backed by industrial reserves of this metal will also be issued.

There is no benefit for tokens that are backed by any kind of reserve or metal, that does not make sense. That is just another paper instrument that is used to scam, similar to how many parties have been trading paper silver for decades. It causes harm and does not bring any benefit except to the intermediary parties that are making fees on these things. Copper is definitely not a material for investment.

The fact that there was a slight decline in value does not mean that silver has the same volatility as Bitcoin. The reason is very simple: hysterical sentiment always drives prices “by inertia,” in this case upward. Hysterical sentiment has calmed down, leaving pragmatic and market sentiment, and the price has adjusted slightly.
 I am still betting that the growth will continue, although not at the same rate as in 2025 (more than x2), but primarily due to the technology market.

If Bitcoin has little volatility like silver or gold, then silver and gold have failed. Even at this current movement it shows that Bitcoin is very stable for what it is, you didn't understand my point. If silver can crash 9% in a day and metal bugs are silent then they should be silent when Bitcoin crashes a bit more than that. I don't see evidence that the price rise has anything to do with the technology market, I think you are just speculating.

1. Yes, the topic of tokenized metals often causes controversy, as dishonest players do not provide real metal backing for the tokens they issue. Therefore, it is important to be extremely careful in this market (the “metal” token market). There's no arguing with that! But... we believe in stablecoins that are supposedly backed by other assets, right?
2. “I don't see evidence that the price rise has anything to do with the technology market, I think you are just speculating.” - well, this only means that YOU don't see it, and there can be many reasons for that And a simple accusation of speculation, given the arguments I have presented, looks rather unconvincing, not convincing at all Let's assume that you are the one speculating, and you are using the dubious argument that you simply “don't see demand for silver in the technology sector of the economy,” and let's discuss this argument and come to some conclusion?

[Hanadawa]

We saw the silver when it was at 49$ and we saw price of that at 80$ and many people made money at that time and they sold the silver at that time.

Well, Silver has been very profitable for investors who invested in it when it was still below $50 per ounce, but the ones who invested in Bitcoin at the start of the year have also made some good profits to be honest.
Now, the price of Silver is going down because people are taking profit from their investment but if it goes worse then we might see Silver down to $70 or even $65 per ounce.
So it's on investor who could hold the investment for long term to take good profits from it and also to keep hoping when the asset is going down in value, but not selling it at loss.

With the current geopolitical situation, I think more people will turn to silver because the price of gold is rising, making it difficult for most people to afford it. I've seen many people on social media promoting silver as a safe haven alternative to gold or Bitcoin. Many are already interested in silver, as $100 provides about 150 grams of gold, which can be converted into silver bullion or jewelry. Meanwhile, if you buy gold, you only get about 0.6 grams for $100, which is only enough to buy a small piece of gold. Of course, gold is much rarer than silver, but I believe more people will begin to consider silver as an asset in the future.

[Zanab247]

We saw the silver when it was at 49$ and we saw price of that at 80$ and many people made money at that time and they sold the silver at that time.

Well, Silver has been very profitable for investors who invested in it when it was still below $50 per ounce, but the ones who invested in Bitcoin at the start of the year have also made some good profits to be honest.

Now, the price of Silver is going down because people are taking profit from their investment but if it goes worse then we might see Silver down to $70 or even $65 per ounce.

Silver is still profiting people that understand the investment very well, because people are not in an hurry when the price of the market is not good for them to sell off their silver. There are some people who will not believe you that other asset is profitable than silver, because they have not tested other asset investment but the silver investment they have been used to, is profiting them the way they want it. Don't forget that whenever the price of silver is going down some people will be using that opportunity to buy, because they know that the price will still go up to allow those that want to sell to make good profit from silver.


If I have opportunity to add other asset to my BTC investment, I will add silver, because is profitable than gold, and silver is good for long time hodling.

[colinistheman]

If I have opportunity to add other asset to my BTC investment, I will add silver, because is profitable than gold, and silver is good for long time hodling.

Just because silver has outperformed gold in 2025, does not mean it will always outperform gold.
It is no coincidence that gold has consistently been the top choice for longterm investors for over a century. Meanwhile, silver is hardly ever mentioned, and only attracted attention when its price rose to $70 this year. Like you, I believe you've never considered investing in silver before. But now, you're being swept up by FOMO in the metal market

I believe that if you take the time to study and compare the price charts of gold and silver over the past century. I believe you will no longer want to invest in it long term

[tygeade]

Just because silver has outperformed gold in 2025, does not mean it will always outperform gold.
It is no coincidence that gold has consistently been the top choice for longterm investors for over a century. Meanwhile, silver is hardly ever mentioned, and only attracted attention when its price rose to $70 this year. Like you, I believe you've never considered investing in silver before. But now, you're being swept up by FOMO in the metal market

I believe that if you take the time to study and compare the price charts of gold and silver over the past century. I believe you will no longer want to invest in it long term

Yeah, I highly doubt that it really even matters. For simple reason that they are assets for valuable materials and that's it. So in a sense, you can buy both of them, not sure what the prices are, but getting 100 dollars worth of gold and 100 dollars worth of silver, instead of getting 200 dollars worth of one of them is better.

Sure, some years silver will outperform, and some years gold will outperform but they both will go up, and most likely will go higher than the inflation (depending on your nation of course). So in the end, which one did better doesn't really matter, does it? Because the real better answer would be just getting both of them and that way you can definitely do a better job of it.

[Dogedegen]

OP is DeBeer and we're discussing diamond market    I'm taking notes but I wonder how diamonds can compete vs new technology to produce them industrially.
  Silver and gold remain elements with strong demand both monetary and industry even for gold those its a minor to central banks buying.  The net purchase by central banks has been true since the century start, its been a while but China for example started with 0% reserves and they remain far behind I believe.

Diamonds are an great example of how people can be manipulated into artificial scarcity and value. They are terrible examples for investments and their real value is very low compared to their current value. There are many good videos about the trickery with the diamond business, I am surprised that so many people don't know this yet or even defend diamonds. Artificial diamonds are superior and cheap, there is no reason to retain the false value of the traditional diamonds but some people really refuse change even if the change would benefit them.

 Both China and Japan have reduced their dollar foreign reserve holdings contributing to some weakness in the dollar index.  I think all these trends continue but prices might become less volatile returning to averages.  The pullback in silver is a reflection of less leverage available in some major markets such as Chicago.

I would not comment too much on the situation with the reserves. Some people jump to put blame on the current administration, but it is obvious that even some basic analyst would be able to predict that the countries may do this in response to what happened with tariffs and other things last year. This leads me to believe that this was largely exactly what the US wanted to do and succeeded in doing it, although I can only speculate why they wanted this and what the goal is. I think we will see that in the near future.

Okay, let's get back to pure silver! HSBC is not the most obscure source of analytics, and it says the following:
"HSBC raises silver price forecasts due to continuing deficit. HSBC has raised its silver price forecasts, arguing that the continuing physical deficit, strong investor demand, and favorable macroeconomic conditions will continue to provide support in 2026, even as some components of demand weaken.
The bank now expects the average price of silver to be $68.25 per ounce in 2026, up from its previous forecast of $44.50, and $57.00 in 2027."

For me this mostly means that there will be a ramp up in production investments, and once new exploitation facilitates are actively working at full power that they prices will stabilize and eventually come back down. At the current prices it is definitely overvalued, but we can see how scarcity can create crazy price impacts. You can see this with DDR5 right now in tech, so there is no reason for why the same could not be happening in silver. The scarcity is transient and the price is fueled by increased demand, but once the supply catches up the price will slide back down and stop at some reasonable level.

[leonair]

Hello, everyone!
I read a lot about markets, cryptocurrencies, of course, but also other assets, such as metals, precious metals, of course. Gold, platinum, palladium are good options, but the entry price is quite high, which means that not everyone can afford to buy them in significant bars. And then silver comes to mind. First, there are many “hints” that the metal is currently undervalued. Second, it is quite affordable today.
The essence of the question is this: there is an idea to diversify part of the stablecoins into something that will not be subject to inflation, such as the dollar value of stablecoins, and has the potential to grow in value in the same dollar.
The question is: what do you think?
I'm interested in your assessment of both the idea itself and the idea of silver.

PS: as a last resort, cast bullets and shoot the evil spirits

A good friend of mine repeatedly told me a year ago, that silver has enormous potential that many underestimate, so now that it's starting to rise, I see he was right. But it's hard for me to understand what other potential silver has. Perhaps, compared to how it was previously priced against gold and how things are now, silver still has great potential. On the other hand, there's a perception that markets have passed their growth phase and could now be entering a phase of accumulation for several years.

Just as all other coins in the crypto market depend on Bitcoin for their price increase, so does the price of gold, including silver, depend on it. For example, as long as the price of gold was low and stable, the price of silver did not increase much. But suddenly, due to the high price of gold, people's interest in silver is increasing a lot. This is because the price of silver is not yet very expensive. Due to which there is enough time to buy and hold a large amount of silver. So suddenly the price of silver also starts increasing. And the price of silver will also increase a lot in the future. So silver can be a choice for investment.

[DrBeer]

Hello, everyone!
I read a lot about markets, cryptocurrencies, of course, but also other assets, such as metals, precious metals, of course. Gold, platinum, palladium are good options, but the entry price is quite high, which means that not everyone can afford to buy them in significant bars. And then silver comes to mind. First, there are many “hints” that the metal is currently undervalued. Second, it is quite affordable today.
The essence of the question is this: there is an idea to diversify part of the stablecoins into something that will not be subject to inflation, such as the dollar value of stablecoins, and has the potential to grow in value in the same dollar.
The question is: what do you think?
I'm interested in your assessment of both the idea itself and the idea of silver.

PS: as a last resort, cast bullets and shoot the evil spirits

A good friend of mine repeatedly told me a year ago, that silver has enormous potential that many underestimate, so now that it's starting to rise, I see he was right. But it's hard for me to understand what other potential silver has. Perhaps, compared to how it was previously priced against gold and how things are now, silver still has great potential. On the other hand, there's a perception that markets have passed their growth phase and could now be entering a phase of accumulation for several years.

Just as all other coins in the crypto market depend on Bitcoin for their price increase, so does the price of gold, including silver, depend on it. For example, as long as the price of gold was low and stable, the price of silver did not increase much. But suddenly, due to the high price of gold, people's interest in silver is increasing a lot. This is because the price of silver is not yet very expensive. Due to which there is enough time to buy and hold a large amount of silver. So suddenly the price of silver also starts increasing. And the price of silver will also increase a lot in the future. So silver can be a choice for investment.

I beg to differ.
I took historical moments of sharp increases in the price of silver and found information about them:
The 1930s. The United States, the Great Depression — inflation and fear of dollar devaluation
1979–1980, the story of the Hunt brothers — inflation and fear of dollar devaluation
2009–2011 (after the 2008 crisis) — fear of inflation;
distrust of banks and fiat currencies
2020–2021 (COVID era) - unprecedented money supply,
supply chain disruptions,  growth in industrial demand (solar panels, electronics)
2026 - Silver production is stagnating, and most of it is a by-product of copper, zinc, and lead mining. It is difficult to rapidly increase production. Structural supply deficit, new type of industrial demand


In other words, after 2021, the key factors will be DEMAND and a SHORTAGE of silver.

[DrBeer]

Global gold and silver prices hit new highs after US President Donald Trump announced new 10% trade tariffs on Germany and seven other European countries because of their stance on Greenland. On Monday morning, January 19, after the start of the trading week on Asian stock markets, the price of gold, a key asset in times of turmoil, peaked at $4,690.59, while silver reached $94.12."
https://www.dw.com/ru/ceny-na-zoloto-i-serebro-vzleteli-do-istoriceskih-maksimumov/a-75557741

It seems that with such processes, we may see silver at $100+ very soon! Global destabilization and trade wars are one of the strongest triggers for moving away from fiat to more stable assets.

[philipma1957]

Hello, everyone!
I read a lot about markets, cryptocurrencies, of course, but also other assets, such as metals, precious metals, of course. Gold, platinum, palladium are good options, but the entry price is quite high, which means that not everyone can afford to buy them in significant bars. And then silver comes to mind. First, there are many “hints” that the metal is currently undervalued. Second, it is quite affordable today.
The essence of the question is this: there is an idea to diversify part of the stablecoins into something that will not be subject to inflation, such as the dollar value of stablecoins, and has the potential to grow in value in the same dollar.
The question is: what do you think?
I'm interested in your assessment of both the idea itself and the idea of silver.

PS: as a last resort, cast bullets and shoot the evil spirits

winning call 52 is now over 92.


I am selling mine now as I was at 18-30 on the buying side.

[arwin100]

Hello, everyone!
I read a lot about markets, cryptocurrencies, of course, but also other assets, such as metals, precious metals, of course. Gold, platinum, palladium are good options, but the entry price is quite high, which means that not everyone can afford to buy them in significant bars. And then silver comes to mind. First, there are many “hints” that the metal is currently undervalued. Second, it is quite affordable today.
The essence of the question is this: there is an idea to diversify part of the stablecoins into something that will not be subject to inflation, such as the dollar value of stablecoins, and has the potential to grow in value in the same dollar.
The question is: what do you think?
I'm interested in your assessment of both the idea itself and the idea of silver.

PS: as a last resort, cast bullets and shoot the evil spirits

winning call 52 is now over 92.


I am selling mine now as I was at 18-30 on the buying side.

These precious metals is having a great streak these days and it seems more demands coming.

Also great to know that you are gaining and its fantastic range that you start buying at 18 - 30 then could able to sell at 92 which could produce you already a huge profit.

Congrats for people will take a profit on silver these days and let's see if we could see more good price action on this asset. Since looks like more demand will came as silver became more valuable these days.

[DrBeer]

Hello, everyone!
I read a lot about markets, cryptocurrencies, of course, but also other assets, such as metals, precious metals, of course. Gold, platinum, palladium are good options, but the entry price is quite high, which means that not everyone can afford to buy them in significant bars. And then silver comes to mind. First, there are many “hints” that the metal is currently undervalued. Second, it is quite affordable today.
The essence of the question is this: there is an idea to diversify part of the stablecoins into something that will not be subject to inflation, such as the dollar value of stablecoins, and has the potential to grow in value in the same dollar.
The question is: what do you think?
I'm interested in your assessment of both the idea itself and the idea of silver.

PS: as a last resort, cast bullets and shoot the evil spirits

winning call 52 is now over 92.


I am selling mine now as I was at 18-30 on the buying side.

Taking profits is a smart decision. I assume that the upward price race will stop and a downward price rollback is likely, although not to last year's level. But there will be an opportunity to buy again at a more favorable price in the future, since demand in the technology market will still not be fully satisfied.

[STT]

Here is the silver to gold ratio, which is a similar level to 2011 which was a peak for silver and also gold.   I take note but I dont see it must be a sell signal absolutely.


Theres always reasons for caution but commodities generally are likely to do well not just this year but for a decade.  I would not purely focus on silver as that would not be diversified and it adds too much risk on purely one market.   Silver a great elemental commodity not easily replaced or even acquired but eventually due to higher prices, more supply will become available.  I do think the supply is lagging demand and miners also do not reflect the future pricing or long term demand

[DrBeer]

Here is the silver to gold ratio, which is a similar level to 2011 which was a peak for silver and also gold.   I take note but I dont see it must be a sell signal absolutely.


Theres always reasons for caution but commodities generally are likely to do well not just this year but for a decade.  I would not purely focus on silver as that would not be diversified and it adds too much risk on purely one market.   Silver a great elemental commodity not easily replaced or even acquired but eventually due to higher prices, more supply will become available.  I do think the supply is lagging demand and miners also do not reflect the future pricing or long term demand

It can be assumed that a replacement for silver will be found! And the decline in demand itself will cause prices to fall. BUT, there is a catch—finding a replacement for silver and modernizing production facilities for the new resource will take TIME. And we're not talking weeks or months, but most likely years. Therefore, we can also assume that growth in demand = price growth, and this process will continue for several years.

[Dogedegen]

Just as all other coins in the crypto market depend on Bitcoin for their price increase, so does the price of gold, including silver, depend on it. For example, as long as the price of gold was low and stable, the price of silver did not increase much. But suddenly, due to the high price of gold, people's interest in silver is increasing a lot. This is because the price of silver is not yet very expensive. Due to which there is enough time to buy and hold a large amount of silver. So suddenly the price of silver also starts increasing. And the price of silver will also increase a lot in the future. So silver can be a choice for investment.

Of course they are assets that are correlated, and there were ideas before that Litecoin is the silver and Bitcoin is the gold but this is not true. Real silver has many uses and different kinds of demand, even if the current rally has taken it too far. Litecoin does not have any real use except as a testing ground for some ideas. I wonder if some of the money that has flown into gold, and then silver, will eventually go towards Bitcoin. Even a small amount of 5-10% would move mountains. The market has low liquidity, and even a short period where the sentiment is positive again would take us quickly above $100k.

2026 - Silver production is stagnating, and most of it is a by-product of copper, zinc, and lead mining. It is difficult to rapidly increase production. Structural supply deficit, new type of industrial demand

In other words, after 2021, the key factors will be DEMAND and a SHORTAGE of silver.

I don't think that the demand component is as strong as the shortage, you have to remember here that a lot of the silver that is being traded is paper silver. This is how the big guys suppress the price of assets until they are ready to let them flower and then they can take the profit on their setup.

winning call 52 is now over 92.

I am selling mine now as I was at 18-30 on the buying side.

It has excellent price performance for people who bought it in the period that was preceding the first bullishness, but I don't consider the long term performance to be that favorable. If you look at the state of gold now, even after this huge rally it did not even manage to do 10x over a period of 20 years or more. If you factor in the inflation in these years, it is less than 5x inflation adjusted. Much better than zero, but compared to SP500, Bitcoin and many other things it is not really that good.

Taking profits is a smart decision. I assume that the upward price race will stop and a downward price rollback is likely, although not to last year's level. But there will be an opportunity to buy again at a more favorable price in the future, since demand in the technology market will still not be fully satisfied.

It is always important to take profits when the gains are high even more so when they are achieved in short periods of time. Looking at both Gold and Silver, a rollback of even 40% is on the table and that would not return it to last year's level. I assume that you are talking about 2024 and not 2025? We don't really know where this will go and when it will start rolling back, but eventually it must.

Here is the silver to gold ratio, which is a similar level to 2011 which was a peak for silver and also gold.   I take note but I dont see it must be a sell signal absolutely.

Well it depends really whether history will repeat itself with this particular case of the market. Sometimes it does, but other times it can surprise us a lot. I would not put my money down that this is the peak because we live in really crazy times, we don't know what will happen in the coming months with the world. However people who are in profit should be taking profits when we hit some of those metrics, I usually make a plan and then sell in 10% increments according to targets. That way usually at least a few are hit successfully, even if the market starts reversing.

It can be assumed that a replacement for silver will be found! And the decline in demand itself will cause prices to fall. BUT, there is a catch—finding a replacement for silver and modernizing production facilities for the new resource will take TIME. And we're not talking weeks or months, but most likely years. Therefore, we can also assume that growth in demand = price growth, and this process will continue for several years.

This is where gold and silver are very different from Bitcoin and crypto. There is always more to be mined, but among many constraints one of them is the price. A higher price will lead to more mining and more exploration, but at the same time this pushes the industry to look for and research replacements. You are right about that, it is not a process that takes months. It will take years, but a high price of silver and gold like this will push many players to explore different options and that usually means that we will see several different replacements in the next decade. That is a good thing for innovation and technology.

[DrBeer]

...

Taking profits is a smart decision. I assume that the upward price race will stop and a downward price rollback is likely, although not to last year's level. But there will be an opportunity to buy again at a more favorable price in the future, since demand in the technology market will still not be fully satisfied.

It is always important to take profits when the gains are high even more so when they are achieved in short periods of time. Looking at both Gold and Silver, a rollback of even 40% is on the table and that would not return it to last year's level. I assume that you are talking about 2024 and not 2025? We don't really know where this will go and when it will start rolling back, but eventually it must.

It can be assumed that a replacement for silver will be found! And the decline in demand itself will cause prices to fall. BUT, there is a catch—finding a replacement for silver and modernizing production facilities for the new resource will take TIME. And we're not talking weeks or months, but most likely years. Therefore, we can also assume that growth in demand = price growth, and this process will continue for several years.

This is where gold and silver are very different from Bitcoin and crypto. There is always more to be mined, but among many constraints one of them is the price. A higher price will lead to more mining and more exploration, but at the same time this pushes the industry to look for and research replacements. You are right about that, it is not a process that takes months. It will take years, but a high price of silver and gold like this will push many players to explore different options and that usually means that we will see several different replacements in the next decade. That is a good thing for innovation and technology.

1. We are currently observing precisely this: after the risks of appointing the “wrong candidate” to the position of Fed chair disappeared, the dollar began to regain its value, and those who switched to gold, Bitcoin, and other assets during the dollar's decline are now actively taking profits, selling their “reserve assets” at high prices.
2. Gold and silver, i.e., physical assets, always have consumption in the physical market (jewelry, technology, medicine, financial systems, etc.). Cryptocurrencies do not have such value, and let's be honest, they are largely speculative assets.