Benzinga: Silver Eyes $100: From 'Dead' Bitcoin Mania to the 'Reverse 1934' Squeeze
Article by Rishabh Mishra in Benzinga
Silver has achieved an all-time high of $83.645 per ounce, in a historic breakout, driven by a massive capital rotation out of cryptocurrencies and a structural squeeze orchestrated by Beijing.
Analysts warn this is not a drill: the era of material leverage has arrived.
The Great Rotation
Global markets are witnessing a decisive shift.As Bitcoin stagnates, capital is flooding into precious metals.
Prominent economist Peter Schiff declared the crypto “mania” officially over last night, noting that institutional attention has pivoted to physical assets.
Investors are fleeing speculative digital assets for tangible safe havens, positioning for what Schiff calls “the biggest precious metals bull market in history.”
The ‘Reverse 1934’ Playbook
This rally is not merely cyclical; it is geopolitical. According to macro strategist Craig Shapiro, China is executing a “Reverse 1934” strategy.
Just as the U.S. unintentionally drained China's silver in .....