- Silver reached a record spot price near $94 per ounce on Monday.
- Gold climbed to about $4,700 per ounce while Bitcoin traded near $92,000.
- Silver rose 36.55% over the past month versus Bitcoin’s 3.28% gain over the same period.
- Some market voices, including Peter Schiff, warned the metals rally could weigh on crypto; this post captured that view.
- Other commentators on X posted opposing takes, with links to discussion by Vivek4real_ and a rebuttal from WallStreetMav (Vivek, WallStreetMav), and a note on London vault flows by Dario (this post).
On Monday, spot silver rose to a record near $94 per ounce as investors sought safe havens amid U.S.-EU tariff tensions and trade policy uncertainty affecting European and U.K. supply chains. The move coincided with a jump in gold to roughly $4,700 per ounce and left Bitcoin trading near $92,000, with a 0.7% decline in the prior 24 hours.
Market data showed silver gained 36.55% over the past month while Bitcoin rose 3.28%, according to TradingView figures cited by market commentators. On Stocktwits, BlackRock’s silver ETF, iShares Silver Trust (SLV), remained in ‘bullish’ territory and generated ‘high’ chatter over the past day.
Some observers linked the rally to potential physical flows out of London vaults. Dario suggested recent tariff announcements could move metal out of the London Bullion Market Association (LBMA) vaults, tightening supply and increasing volatility.
Commentary on social media split on implications for crypto. Peter Schiff warned that the metals surge could come at crypto’s expense, saying “Bitcoin’s catastrophic collapse.” A crypto commentator argued that “if Bitcoin followed silver, BTC [would go] to $400,000 in 2026.” WallStreetMav responded that “Bitcoin has nothing to do with silver.”
The rally in precious metals and the split in online sentiment have renewed debate over stores of value, but market participants remain divided on whether the move represents a structural shift or short-term positioning.
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