
Silver has really taught me a lesson these past two days. SLV and SIVR plummeted by half, and the double-leveraged AGQ basically shattered into pieces. A -22% drop made the long positions feel completely liquidated. This round of emotional volatility: just the day before yesterday, people were talking about capital flowing into silver, and in the blink of an eye, it's all a mess. Those trapped can only comfort themselves that the fundamentals haven't changed, and JP Morgan is still calling for an average price of $81. Whether it's sideways movement or a sharp drop, to be honest, my conviction is a bit shaken. In this market, you can only tough it out, take a casual glance with a zen attitude, and not mess around anymore.
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