The recent surge in the precious metals market is truly fierce. Spot silver on December 27th directly broke through $76 per ounce, once again setting a new record. This is not an isolated phenomenon—since the beginning of the year, silver has increased by 160%, with several consecutive days of new highs. Over on the New York COMEX, the main silver futures contract also didn't stay idle, soaring 7% in a single day, similarly rewriting historical records.
How crazy is this increase? The global total market value of silver has already surpassed $4.2 trillion, even approaching $4.3 trillion. According to this ranking, silver has directly overtaken Apple (market cap around $4.076 trillion) to become the third-largest asset worldwide. Only gold (about $31 trillion) and NVIDIA (about $4.6 trillion) are ahead of it. This change in ranking is indeed significant.
Why has silver performed so strongly this year? Mainly due to a combination of several factors: the global supply and demand structure is inherently unbalanced, and this contradiction is still widening…
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StableGenius
· 11h ago
look, 160% on silver is mathematically absurd when you actually examine the supply mechanics here. the "market cap" comparison to apple is doing some serious gymnastics that doesn't hold up empirically speaking. supply-constrained assets behave nothing like equities, but sure let's pretend they're commensurable
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GhostAddressHunter
· 11h ago
Silver 160%? Damn, this increase is really incredible, rising even faster than my coins.
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SocialFiQueen
· 11h ago
Silver's recent surge is truly incredible, with a 160% increase. Ordinary people can't keep up.
But to be honest, the logic of surpassing Apple's market cap feels a bit fishy, like it's artificially boosting the hype?
I believe in supply and demand imbalance, but it depends on whether it can hold this high level in the future.
It suddenly exploded so fiercely; I feel like it might crash someday. This market is too exciting.
People who got in early are making a killing. I'm a bit anxious about jumping in now.
If silver really stabilizes at this level, it would be a legendary market. But I'm still watching and waiting.
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SandwichVictim
· 11h ago
Silver's 160% increase? I'm honestly stunned; I just can't keep up with this.
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GasFeeDodger
· 11h ago
Silver surged 160%? Whoa, is that really true? I feel like these numbers are a bit unbelievable.
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TxFailed
· 11h ago
ngl the silver pump numbers look sus... 4.2t market cap? that's not how you calculate commodity valuations lol. technically speaking, someone's mixing up total ounces outstanding with actual market mechanics again. classic mistake i see every cycle tbh
The recent surge in the precious metals market is truly fierce. Spot silver on December 27th directly broke through $76 per ounce, once again setting a new record. This is not an isolated phenomenon—since the beginning of the year, silver has increased by 160%, with several consecutive days of new highs. Over on the New York COMEX, the main silver futures contract also didn't stay idle, soaring 7% in a single day, similarly rewriting historical records.
How crazy is this increase? The global total market value of silver has already surpassed $4.2 trillion, even approaching $4.3 trillion. According to this ranking, silver has directly overtaken Apple (market cap around $4.076 trillion) to become the third-largest asset worldwide. Only gold (about $31 trillion) and NVIDIA (about $4.6 trillion) are ahead of it. This change in ranking is indeed significant.
Why has silver performed so strongly this year? Mainly due to a combination of several factors: the global supply and demand structure is inherently unbalanced, and this contradiction is still widening…