Amit Goel Warns: Silver Rally a 'Classic Commodity Bubble' Unhinged from Reality

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Moneycontrol•30-12-2025, 10:42
Amit Goel Warns: Silver Rally a 'Classic Commodity Bubble' Unhinged from Reality
- •Global strategist Amit Goel labels silver's recent price surge a "classic commodity bubble," disconnected from fundamental realities.
- •Goel compares the silver rally to the 2008 crude oil bubble and the 1999-2000 tech bubble, highlighting speculative market behavior.
- •Despite price increases, silver ETFs show outflows, suggesting the rally is driven by speculation, not fundamental investment.
- •He predicts silver could reach $90, $92, or even $100 by January, but warns of extreme volatility and potential consolidation in the $70 to $84 range.
- •Goel forecasts a 50-60% correction from the peak once the bubble bursts, stating the peak between now and February 2026 won't be broken for a very long time.
Why It Matters: Amit Goel warns silver's rally is a speculative bubble set for a major correction despite potential short-term highs.
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