Last night's precious metals crash: after silver surged 6% in a single day to hit a historic high and then plummeted 10%, gold followed suit, and the entire precious metals sector was wiped out. How should we view the market outlook?
Yesterday (December 29), the precious metals market staged an extreme rollercoaster ride, especially silver, which fell from heaven to hell—definitely a Black Monday.
Silver was the worst hit in this crash: intraday, it surged 6% to reach a historic high, seemingly poised to continue higher, but then suddenly entered free fall, with the daily decline reaching 10%.
View OriginalYesterday (December 29), the precious metals market staged an extreme rollercoaster ride, especially silver, which fell from heaven to hell—definitely a Black Monday.
Silver was the worst hit in this crash: intraday, it surged 6% to reach a historic high, seemingly poised to continue higher, but then suddenly entered free fall, with the daily decline reaching 10%.

















