Market rumors suggest that a top Wall Street investment bank experienced a short squeeze in the precious metals market, leading to significant losses for short positions.
For a long time, gold and silver prices have been artificially suppressed to maintain the global status of the US dollar. But this time is different — global central banks are continuously increasing their holdings, and retail investors are frantically buying up. The buying power is too dispersed to hold back.
Even more interesting, some Wall Street capital has started to shift towards going long. Not because they are optimistic about the future market trend, but purely to avoid liquidation. When the opponent is the entire Earth, even the strongest traders have to back down.
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Market rumors suggest that a top Wall Street investment bank experienced a short squeeze in the precious metals market, leading to significant losses for short positions.
For a long time, gold and silver prices have been artificially suppressed to maintain the global status of the US dollar. But this time is different — global central banks are continuously increasing their holdings, and retail investors are frantically buying up. The buying power is too dispersed to hold back.
Even more interesting, some Wall Street capital has started to shift towards going long. Not because they are optimistic about the future market trend, but purely to avoid liquidation. When the opponent is the entire Earth, even the strongest traders have to back down.