Gold "emotional amplifier" out of control! Silver prices more expensive than crude oil, market value surpasses Google. Is the final chapter of the "Silver Rhapsody" $100?
According to the Zhitong Finance and Economics APP, as of the close of the US stock market on Friday, the trading price of silver spot has reached a new historical high, with silver hitting a record high this year and an astonishing increase of 135%. What is even more surprising is that the trading price of one ounce of silver is significantly higher than that of a barrel of crude oil - except for the unprecedented chaos of the "negative oil price" in April 2020, this has never happened before. With the silver trading price stabilizing above $66, the total market value of silver has surpassed the current hottest AI technology stock in the US stock market - Alphabet, the parent company of Google, and has risen to become the fourth largest asset in the world in terms of market value.
Latest

