Gold and silver prices soar to record highs, with gold surpassing $4,590 per ounce and silver exceeding $84 per ounce. Veteran investor Peter Schiff warns that this is not a routine rally but a reflection of economic pressure. This wave of safe-haven demand is driven by geopolitical tensions and monetary policy uncertainties. In contrast, the cryptocurrency market underperforms, with a slight decline in total market capitalization. Although Bitcoin remains above $90,000, most of the top ten cryptocurrencies by market cap have declined, except for Ethereum and Solana, which saw slight increases.
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Gold and silver prices soar to record highs, with gold surpassing $4,590 per ounce and silver exceeding $84 per ounce. Veteran investor Peter Schiff warns that this is not a routine rally but a reflection of economic pressure. This wave of safe-haven demand is driven by geopolitical tensions and monetary policy uncertainties. In contrast, the cryptocurrency market underperforms, with a slight decline in total market capitalization. Although Bitcoin remains above $90,000, most of the top ten cryptocurrencies by market cap have declined, except for Ethereum and Solana, which saw slight increases.