gold news

 In the early hours of Monday morning, silver hovered around a spot price of $96 an ounce. And now, at the time of recording, it has pulled back and has stabilized near $88 an ounce. Alongside that, gold has absorbed roughly a $100 blow in the past 12 hours as well. So, what precisely is happening? Why are these safe haven instruments shedding value on the headlines of these unfortunate adverse events? And what does this signal for spot price progression going forward? Well, today without wasting any time, we're going to

discuss silver's refusal to react in line with current negative global developments and why silver trading in the 80s right now rather than above 100 is actually a positive development. Let's dive into it. First and foremost, we must recognize that innocent lives are being lost in this confrontation. And I'm wishing and hoping that this scenario reaches a resolution as quickly as possible. Now, on to the video. And let me begin this video by clarifying that none of this constitutes financial

advice. Conduct your own due diligence. Reach the most informed conclusions you can base on what you uncover. At the time of recording, silver has dropped nearly $10 from its 24-hour peak. That has caught most of us offg guard, myself included. I anticipated today would be the session that silver tests the $100 threshold and possibly breaks beyond it. But at the time of recording here, midway through the trading session, silver has done the complete reverse, which on the surface doesn't make much

sense at all. Considering that we are in the midst of the most significant silver bull market ever, it would be entirely logical for silver to post substantial upward moves in spot price and reaction to geopolitical developments and elevated tensions. But that's not what we are presently witnessing in the marketplace. So what does this imply for the ongoing rise of silver spot price? Is this an indication that silver is overpriced? And is this a signal that the bull market is losing momentum? And

all of this seemingly inverted price behavior has created understandable confusion. Why would both primary safe haven assets decline in the aftermath of these developments? Why are we observing sharp volatile price swings within just a few hours? Well, in my view, we are not actually observing a reversal at all. In fact, I believe silver and gold are responding exactly as they should in reaction to these hostile events. At the start of February, silver and gold both initiated their rebound from price

corrections after reaching record highs on January 28th. Gold topped out near 5,590 and silver reached slightly above 120. Silver underwent a rapid drop into the low70s and gold declined by roughly $1,000. During the first half of February, spot prices for both metals advanced through waves of volatility. And by midFebruary, specifically on the 17th of February, both metals began far steadier price gains from one day to the next. By the time the March market opened, gold once again positioned itself comfortably above the $5,000 mark

with a spot price around $5,400 and silver deep into the mid90s. Spot prices reacted and rebounded so swiftly from both of these massive record declines that if you were to examine it on a 5-year chart a few years from now, you likely wouldn't notice it without zooming all the way in. So, if bullish price action is clearly very strong, why would Metals retreat on the announcement of war? Well, in my opinion, this downward movement isn't quite what it appears to be. The dispute and escalating tensions between the United

States and Iran have dominated the headlines for several weeks. The mood between nations was evident. So, we all understood the onset of this confrontation was approaching in the near term. And as a consequence, the spot price advances from this act of war were already factored in before these military actions ever unfolded. Essentially, the market purchased the rumor and once confirmed, liquidated on the news. This pattern has occurred numerous times before, particularly in the cryptocurrency sector. Of course,

metals differ from cryptocurrency, but market psychology is generally universal. excitement and speculation surrounding a prospective event shift the market significantly rather than the event itself. And after the event materializes, the short-term catalyst driving the price disappears, leading to prices pulling back afterward. But when we assess the twoe performance for both metals, present prices after this correction remain far above where they stood just 14 and even seven days ago. So in my view, this event was already

incorporated in advance and the price gains still remain. Silver presently trades in the high8s and will very likely revisit the mid90s by the end of the week, especially now that Trump has indicated that this confrontation could persist for to 5 weeks or longer. It's a harsh world we inhabit, and I hope that the loss of human life ends immediately. Looking ahead, the next FOMC meeting will occur midway through March. And despite the reality that the entire market understands we probably won't

receive a rate reduction, price behavior still reflects substantial upward drive. I believe this bull market is positioning itself for some very very large moves because rate reductions are among the strongest catalysts for precious metals. And despite the likelihood that we won't get one this month, spot price continues not only to climb week overw week, but also to rebound from his store price collapses in record time. The momentum is unmistakable in this market, and in my opinion, $100 silver isn't merely

possible. Instead, it's unavoidable. But ultimately, whenever we witness a pullback in the short term between two price zones that silver is relatively accustomed to, I interpret it as constructive. Now that silver has fallen from 120 down to 70, we can proceed with at least some assurance that the foundational floor for silver is likely somewhere in the $65 to $70 range. And as spot price advances from here, if silver continues to encounter dips that retest the mid $80 range over time, we can likely begin to build confidence

that silver has a solid resistance level somewhere near the $80 mark. In summary, whether geopolitical developments are unfolding or not throughout this bull market, silver absolutely requires these price corrections and subsequent retests for its spot price durability to remain intact. I have absolutely no doubt in silver's capacity to reach extremely high price levels like 150, 160, perhaps even 200. My only concern is the pathway it takes to reach those levels. At what speed and what layers of support and

structure will exist beneath these new record highs that we're likely to witness in the coming months. That is primarily where my attention lies. What matters most isn't necessarily the peaks. It's how elevated the troughs are averaging. Ultimately, a higher low is what truly counts here. And the more frequently silver spot price retests the same zone, the more assurance we gain in its capacity to progress toward higher average prices over time without collapsing. But it's going to be an

extremely volatile ride throughout this entire year. And we are nowhere near the conclusion of this bull market. Stay secure out there everyone. Keep accumulating. Peace. If your priority right now is not chasing returns, but protecting what took decades to build, I've put together a private road map linked below. If your priority right now is not chasing returns, but protecting what took decades to build, I've put together a private road map linked below. Oh.