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Darren Sinden posted an update
19 hours, 11 minutes agoBloomberg on Precious Metals
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Darren Sindenreplied 19 hours, 8 minutes ago
Here is an generated summary of the video:
Core message
Precious metals are seeing unusually steep, historically rare price moves, which can look overdone but are supported by real supply, policy, and demand drivers, so many investors remain bullish and some even talk about silver reaching levels like 100.Key drivers of the rally
Physical scarcity in London, a key trading hub, because significant metal inventory is sitting in the US rather than in European vaults.Market distortion from worries that President Trump could impose additional tariffs on metals imports, which encourages stockpiling and leaves markets more volatile and prone to squeezes.
A strong “debasement trade” narrative: with central banks suppressing currencies, investors see hard commodities as stores of value.
Role of silver and AI link
Investor demand is not just safe-haven and jewellery; silver has important industrial uses.Silver demand is partly tied to technologies associated with the AI build‑out, adding another momentum factor on top of the macro and geopolitical story.
Why people stay bullish
The combination of tight physical supply, tariff risk, currency debasement fears, geopolitical risk, jewellery buying, and AI‑linked industrial use gives investors multiple reasons to keep adding exposure.Because these forces line up, some forecasters are comfortable with very aggressive upside scenarios and do not see the current volatility as purely speculative “silliness.”
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