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24.01.26 - 04:54
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Meet The Man Who Bought $1 Billion In Physical Silver Before The Rally (ZeroHedge)
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Meet The Man Who Bought $1 Billion In Physical Silver Before The Rally
The precious metals complex resumed its upward trajectory overnight. Shortly after the US equity cash open, silver surged above $100 per ounce for the first time on record, while gold approached the $5,000 per ounce level.
As Rick Privorotsky, head of Delta One at Goldman Sachs, noted to clients earlier, flows suggest some speculative participation, but the dominant driver remains structural: "There is clearly hot money involved, but first and foremost gold is a central bank trade… a slow erosion of the dollar's exorbitant privilege rather than a sudden loss of confidence..."
What first came to mind as silver broke above the $100 level was Warren Buffett's late-1990s bet on the precious metal. Berkshire Hathaway accumulated 129.7 million ounces of physical silver, or about 4,000 metric tons, ahead of the Dot Com bubble crash. The position was disposed of around 2006, generating a substantial profit for Berkshi...
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24.01.26 - 01:06
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S&P 500 Poised for First Two‑Week Loss Since June as Silver Tops $100 | The Close 1/23/2026 (Bloomberg)
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Wealth Enhancement's Ayako Yoshioka, Mizuho Securities' Nick Setyan, Apple Former Executive Tony Fadell, Bessemer Trust's Jeff Mills, Richard Bernstein Advisors's Richard Bernstein, Zellerfeld's Cornelius Schmitt, Candle Media's Kevin Mayer, The Record Academy's Harvey Mason Jr. (Source: Bloomberg)...
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23.01.26 - 20:18
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In metals we trust: Sizzling silver surges past $100/Oz (Times of India)
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Silver reached an unprecedented $100 per ounce for the first time, while gold neared $5,000 per ounce. This surge is driven by geopolitical uncertainties, a declining dollar, and strong industrial demand for silver, particularly from EV, semiconductor, and solar sectors. Analysts also cite a historic short squeeze in silver and China's export controls as contributing factors....
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