On December 19th, Friday, the Asian market sees silver fluctuating and moving lower, with the pullback support level being a good opportunity for long positions. Currently, the rise in silver is mirroring the fervent market behavior of gold from months ago, and this upward trend has spread to other precious metals like platinum and palladium.

From the trend, silver and platinum have already broken through the high points after the IMF/World Bank annual meeting in mid-October, and palladium has followed suit, while gold is steadily approaching that high point. The trade-weighted U.S. dollar index seems stable, but in reality, it conceals the true strength—capital is flowing out of the dollar and into precious metals and safe-haven currencies, which is a typical signal of currency depreciation trading; the market is fully seeking quality safe havens to withstand debt monetization.