Gold and silver prices are slumping after their meteoric rise. Here's why.

Just looked at some charts on Google 📊 and it's crazy how quickly those prices plummeted! Gold was up like 30% in a month just last week, now it's down by like 15%. Silver went from $20 an ounce to around $12 an ounce. That's a big swing 🤯. According to the charts, though, gold has been trading at a multiple of its 200-day moving average for months now... that's when you know there's something wrong 😅. The US dollar is still recovering from those crazy lows last year, and with Warsh on board, I'm not sure how long it'll stay up 🤑.
 
can't believe i'm commenting on this thread after it's already over 🤦‍♂️ anyway, just wanted to say that warsh nomination does make sense, inflation hawk makes more sense than dovish leader imo 💸 gold and silver prices are crazy right now, can't keep up with the market fluctuations. i mean if you're gonna invest in something, at least know what you're getting yourself into 🤑
 
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