刚刚！白银，也疯了！历史首次突破50美元/盎司

Core Viewpoint - Silver prices have reached a historic high, surpassing $50 per ounce for the first time since the 1980s, driven by increased demand for safe-haven assets and tightening supply in the London spot market [1][3]. Group 1: Price Movement and Historical Context - On October 9, silver prices surged to $51.06 per ounce, marking a 4.5% increase after breaking the $50 threshold, the highest level since the "Hunt brothers squeeze" in the 1980s [1][3]. - Year-to-date, silver has risen over 70%, outperforming gold, which has also reached historical highs [3]. - The previous record for silver was $50.35 per ounce in January 1980, which remains unbroken in the futures market [3]. Group 2: Market Dynamics and Supply Issues - Concerns over U.S. fiscal risks, an overheated stock market, and threats to the independence of the Federal Reserve have led investors to seek safe-haven assets like silver [3][5]. - The London silver market is experiencing significant tightness, with a shortage of freely available silver, leading to increased borrowing costs for the metal [5]. - There is a notable phenomenon of "hoarding" silver in the U.S. due to fears of potential tariffs, resulting in a depletion of London inventories [5]. Group 3: Broader Economic Implications - The rise in silver prices is also attributed to inflation concerns and unsustainable fiscal deficits, prompting investors to turn to assets like Bitcoin, gold, and silver as hedges against currency devaluation [5]. - Silver's industrial applications, particularly in solar panels and wind turbines, account for over half of its consumption, indicating strong demand in the industrial sector [5]. - The current market dynamics suggest that silver will remain in a supply deficit for the fifth consecutive year by 2025 [5].