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Moneycontrol30-12-2025, 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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