Risk-Off Rotation: Tech & Crypto Decline, Gold & Silver Shine
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Tech and crypto markets declined while gold and silver prices rose, with gold closing up 2.2% and silver up 4.7%. Gold's new floor is $4,000, and silver's support is $50. Nasdaq fell 4-5%, Treasuries sold off, and crypto dropped below 100K. Capital is shifting to safe havens and cash-generating miners. Fed indecision and inflation support metals, and policy changes are bullish for gold.
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