银价“疯了”！一年暴涨170%，是泡沫还是新纪元？

Core Viewpoint - The price of spot silver has surged over 170% this year, with a single-day increase exceeding 10%, reaching $79 for the first time, indicating a global "silver storm" [1] Group 1: Industrial Demand - Industrial demand for silver is at an all-time high, driven by sectors such as photovoltaics, electric vehicles, and electronic chips, showcasing a "hardcore story" that gold does not possess [3] Group 2: Financial Attributes - The market is betting on a potential interest rate cut by the Federal Reserve, leading to a weaker dollar and an influx of capital into all precious metals [4] Group 3: Safe-Haven Sentiment - Heightened global geopolitical tensions have positioned silver, alongside gold, as a "safe haven" for investors seeking refuge [4] Group 4: Volatility and Investment Strategy - Silver's volatility is two to three times that of gold, presenting both opportunities for high returns and risks of significant losses. The recommended strategy is to avoid heavy positions and high chasing, suggesting participation only with small positions after clear pullbacks [5]