Carl Nilsson @Duntan123: "⛓️ Silver Slam & Tech..."

Sweden

⛓️ Silver Slam & Tech Turbulence — But the Big Picture Stays Intact $Silver hit us hard yesterday, and today it’s tech’s turn — with $QS (QuantumScape Corporation), $RGTI (Rigetti Computing Inc), and $QUBT (Quantum Computing Inc) taking the brunt of the selloff. 📉 As I’ve said many times, there’s a reason we keep a large balance on hand. These dips are painful in the short term, but in the long-term picture, they’re just part of the journey. Still, it’s never pretty when everything turns red at once. The frustrating part is that $SPX500 and $NSDQ100 still can’t decide on a direction. They tested all-time highs yesterday, only to pull back sharply today. That could mean anything — but double tops exist for a reason, so it’s wise not to get overly bullish despite the green week we just had. ⚖️ $Gold and $Silver both had a terrible day yesterday. In hindsight, it’s easy to say what “should” have been done, but I don’t think anyone expected that kind of drop out of nowhere. I was waiting for signs of weakening momentum — not the biggest one-day drop in silver prices in ages. I’ve reduced my silver exposure further today. I’m not sure we’ve peaked, but it’s possible. Even if profits were better last week, I'm not at all sad about closing unleveraged positions with 80-90% profit. From a macro perspective, we typically see gold and silver rally before large liquidity injections, while BTC and tech surge after those injections. 💡 The logic behind this deserves its own post — comment below if you’d like me to explain it later this week! If that pattern holds true, we’ll likely see reduced interest in precious metals going forward. Within the next 6 months, I wouldn’t be surprised to see that the Fed has been intervening more than reported — either through repo markets, stealth bond-buying, or other liquidity measures. Some form of quantitative easing, combined with gradual rate cuts, would set the stage for a major tech and crypto rally. 🚀 In the medium term, lower rates might first be interpreted as a sign of economic weakness — triggering some selling — but that too should be short-lived. In short: we remain largely on the sidelines until the market picks a direction. But many of the long-term names I like are approaching levels I find attractive again, so hopefully, I’ll start shopping soon. 🛒 Have a great day everyone — and as always, feel free to like, comment, or copy if you enjoy following along! 🙌 Jonathan

5 Mentioned

QuantumScape Corporation

RGTI

Rigetti Computing Inc

QUBT

Quantum Computing Inc

SPX500

NSDQ100

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