1. Silver prices spike- Speculators rushed into silver this week, sending prices soaring, jumping 16% in just a few days, before falling back a bit. - Goldman Sachs said in a note that despite the volatility, the much-talked-about short squeeze in equities these days does not transfer over to commodities, which stick closer to underlying fundamentals.
- Goldman stuck with its prices forecast for silver at $30/oz, noting an “aggressive solar push” by the Biden administration and also monetary expansion, which weakens the dollar and bolsters…Is This The Start Of A Commodity Price Supercycle?
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