When the price of silver skyrockets in the market, when various chat groups are flooded with messages like "silver must rise" and "no more chances to enter," and when countless people rush to invest their savings, it really feels like you all have gone crazy.
Most people haven't even seen silver, let alone studied the global supply and demand pattern for silver, yet they dare to hand over their hard-earned money, which is truly a moment of madness. The market's big players and institutions have long stocked up on goods at low prices, worrying about the lack of buyers, and this group of impulsive followers has become their "benefactors." The rush of new investors has driven up the price of silver, just in time for institutions to sell at high prices; when they make a fortune and leave, all that’s left is a mess of plummeting prices, trapping those who bought in at high levels.
Silver is neither edible nor usable, whereas gold is recognized as a general equivalent; even if turned into a gold chain, it can be liquidated anywhere, which is a property silver can never compare to. Yet, some people are blinded by obsession and remain oblivious.
$XAG
