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Silver breaks through the $70 mark, behind a 142% annual rise.
[Block Rhythm] Silver has performed unexpectedly this year. On December 23, spot silver just broke through the $70/ounce mark, with an annual rise of 142%. This rate of increase is indeed astonishing - from the beginning of the year until now, silver has nearly doubled.
It is important to note that such a large rise in traditional precious metals is rare. What drives this? The depreciation of the dollar, global liquidity, and the demand for hedging against geopolitical risks—these factors combined have transformed silver from a safe-haven asset into the fastest-growing commodity. For those focused on macroeconomics and asset allocation, this market trend is worth paying attention to.
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Traditional precious metals doubling in value, who can withstand that? If I had known earlier, I would have held a heavy position
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Geopolitical risk hedging demand... sounds like countries are competing for metals, retail investors can only follow the trend
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Dollar devaluation + liquidity splash, precious metals are skyrocketing, this logic could last ten years
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Silver at $70, I feel like it's just the beginning, will it keep rising?
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People are still hesitating even after doubling, I really respect that
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Turning safe-haven assets into growth commodities, this switch is interesting
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Quickly ask my sisters if they want to follow the trade, this market is too good to miss
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People who bought last year must be dying for dollars now, I am that person who regrets it
Silver has really taken off; I wasn't paying much attention before.
If I had known silver would be this crazy this year, I would have gone all in.
Geopolitical tensions are causing panic, and precious metals are soaring directly.
With the dollar depreciating like this, no wonder precious metals are in high demand.
This wave of safe-haven demand is really strong, reflected in the prices.
$70 feels like just the beginning? It still has to keep rising.