I predicted that yesterday was the peak - Why this is just the beginning
I predicted that gold and silver would peak as a result of the market finally realizing the dividends of Trump's economic success and today, silver lost over a third of its value in the span of a few hours.
Most people in the comment section were laughing at me and saying that it was time to buy more, but they aren't laughing now.
Here is my next prediction - Gold will go below $2000 an ounce and silver will go below $30 an ounce when the markets realize that Trump has made the economy better than the economy under the Biden administration and the world a safer and more stable place having ended many wars including possibly the war in Ukraine (which is likely to happen this year).
The s&p 500 will make record years just like it did during his first administration off of renewed optimism.
China will not invade Taiwan because of the man sitting in the oval office right now just like how Russia wouldn't have invaded Ukraine if Trump was elected in 2020.
All of the rallies in precious metals have mostly been a result of a market doubting president Trump's abilities and when the market realizes that it's unsubstantiated and that the sky isn't falling, metals will more than completely revert.
When we have over 4% GDP growth, the Fed cutting rates because it knows that inflation is under control unlike during the Biden administration, Trump ending wars and bringing peace throughout the world, China literally telling Trump that they wouldn't invade Taiwan because he's in office, Trump is reducing geopolitical uncertainty, not adding to it.
This isn't even taking into consideration the possible annexation of Greenland and Canada which would strengthen the dollar if it takes place.
TLDR; Gold goes to $2000 and Silver goes to $30 when geopolitical anxiety due to Trump is proven over time as being unsubstantiated.
Those who believed in president Trump's abilities will be rewarded, those who doubted him will get burned.