Gold miners are trading at one of the deepest discounts to the S&P 500 on record.
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Last 30 hours: - Gold down -3.87%, wiping out $1.1 trillion. - Silver down -9.18%, wiping out ~$400 billion. Since the war started: - Gold down -25%, erasing $9.4 trillion. - Silver down -38%, erasing $2.7 trillion. From all time highs: - Gold down -28%, $11 trillion wiped. - Silver down -51%, $4.6 trillion wiped. Precious Metals were supposed to surge on war fear. Instead they crashed when the war started, and now they're crashing again as the war is ending. A buying opportunity ? Source: Bull Theory
Silver $SLV is in the midst of a 200EMA breakdown Source: Trend Spider
Over $1.74 TRILLION has been wiped out from precious metals in the last 24 HOURS. Gold is down -4.75%, wiping out $1.41 trillion from its market cap. Silver is down -9%, wiping out $327 billion from its market cap. Source: Bull Theory

