This week, silver prices surged sharply after a pullback, contrasting with gold's fluctuating performance. Domestic and overseas silver prices strengthened in tandem, attracting significant bullish capital inflows. On Wednesday, SGE Ag (T+D) prices hit a new high of 9,040 yuan/mt, while silver prices on the London Bullion Market Association (LBMA) broke through the key target of $37/oz.

Rick Rule, a seasoned investor and the president and CEO of Rule Investment Media, warned that the recent downturn in the US dollar is far from over. He predicts that within the next decade, the US dollar will lose 75% of its "purchasing power," while gold prices could surge to $12,000 per ounce.

On Tuesday this week, the latest survey of fund managers released by Bank of America once again revealed a fact that most people already knew: nearly everyone on Wall Street is currently shorting the US dollar.

The escalation of conflicts between Israel and Iran has strengthened the market's demand for safe-haven assets. Silver, as a precious metal with both safe-haven and industrial attributes, has become an alternative choice for capital to seek refuge amid the backdrop of gold's trend being suppressed by the rebound of the US dollar index on June 17. At the end of May, the gold-silver ratio once broke through the historical extreme of 1:100, far exceeding the previous long-term average of 60-80, indicating that silver was severely undervalued. The demand for silver's valuation repair has supported its price. The long-term trend of the global silver supply-demand gap provides underlying support for silver prices. As the most-traded SHFE silver contract technically broke through the round-number threshold of 9,000 yuan/kg, it attracted more market capital inflows, pushing silver prices to repeatedly hit new highs. As of around 15:19 on June 18, the most-traded SHFE silver contract rose by 2.35%, closing at 9,045 yuan/kg, and refreshing its historical high since listing to 9,075 yuan/kg...