International spot silver has been rising steadily recently, breaking through $80 on Monday and reaching a new high of $83. Silver has increased for six consecutive trading days, with a year-to-date gain of over 185%, marking its best annual performance since 1979, mainly driven by speculative funds and supply disruptions.
Do not short against the trend; historically, silver short squeezes can be very fierce. Currently, it's a gamble on stupidity. You can be bearish but avoid shorting because you don't know how long irrationality will persist. #白银
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International spot silver has been rising steadily recently, breaking through $80 on Monday and reaching a new high of $83. Silver has increased for six consecutive trading days, with a year-to-date gain of over 185%, marking its best annual performance since 1979, mainly driven by speculative funds and supply disruptions.
Do not short against the trend; historically, silver short squeezes can be very fierce. Currently, it's a gamble on stupidity. You can be bearish but avoid shorting because you don't know how long irrationality will persist. #白银