Silver skyrocketing, earning 160,000 in 2 months? The shadow of a crash behind the myth of getting rich!
This year, it has risen over 120%, with some making 160,000 in just 2 months, making silver the top investment trend! But behind the celebration, controversies abound—Is this a real market created by photovoltaics and interest rate cuts, or are we repeating the 1980 Hunt brothers' crash?
On one side is a continuous 5-year supply and demand gap, with explosive growth in silver usage for photovoltaics and AI supporting the fundamentals; on the other side, retail investors are piling in, and leverage has soared to 5 times, leading the Shanghai Futures Exchange to urgently raise margins to 17% to cool down. History doesn't repeat itself but often rhymes: In October, there was a single-day crash of 8.7%, and back then, after the Hunt brothers' short squeeze, the silver price halved by 78%!
The story of getting rich is tempting, but chasing high prices at the peak is like catching a flying knife with bare hands. Don’t let the allure of “easy earnings” cloud your judgment; it’s best to participate with a small position of spare money, and leverage should be avoided!