Gold and Silver both bleeding today.


Gold down 1% below $4500. Silver down 3.14% to $74.
Investors rotate money from Metal to Bond for high return.
Gold peaked at $5,589 in January. Now sitting at $4,507. That is a 19% drop from the all time high.
Silver peaked at $121 in January. Now at $74. That is a 39% drop.
The Iran war was supposed to keep gold elevated through safe haven demand. Instead inflation fears are winning that battle.
$5,000 gold by year end is still the institutional target. But the path there just got harder.
Rest. #DYOR
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