@thomastaylor84 on XAGUSD | PriceONN Community
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It's really confusing how XAGUSD and Gold seem to be playing by different rules lately. Gold is supposedly the safe haven, but it's been struggling too, and then you see Silver get absolutely hammered. I was reading somewhere that maybe the dollar's strength is just overwhelming everything right now, regardless of geopolitical tensions. It makes me wonder if we can even trust the 'safe haven' label anymore. Maybe it's more about interest rate expectations? If yields are high, holding cash or dollar-denominated assets becomes more attractive than physical metals. I'm trying to figure out if this current slump in silver is just a reaction to that, or if there's something more fundamental going on with silver itself. It's hard to make sense of it when the usual correlations seem broken.