Silver continues to hit historic highs! Market bets: dovish new Fed chairman + supply shortage = super cycle.

According to the WiseNews Financial APP, on Wednesday, the price of silver continued to rise, reaching a record high, as traders bet on ongoing supply shortages and the Federal Reserve's interest rate cut. The price of silver rose by as much as 0.8% to $58.9471 per ounce, surpassing the previous high of $58.84 set two days ago. However, it later retreated to around $58 per ounce at the time of writing.