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🚨Many people have almost no knowledge about the history of gold and silver, yet they are blindly chasing the rally now.
Gold and silver are among the bulk commodities, and they both have major cycles.
Gold is affected by monetary and interest rate cycles, generally with a major cycle of 8–15 years. Silver, on the other hand, is influenced by economic and industrial cycles, typically undergoing a rotation every 10–20 years. At the same time, silver is more "volatile" than gold—it rises more sharply in bull markets and falls more severely in bear markets.
If you buy silver at a high point and the market crashes, it could take over 10 years to break even.
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