(Money Metals News Service) In a recent episode of the Money Metals Midweek Memo, host Mike Maharrey discussed volatility in the gold and silver markets amid escalating geopolitical tensions and broader financial market turmoil. Maharrey opened by criticizing mainstream financial media coverage of a recent selloff that occurred as markets reacted to a conflict involving Iran.
He pointed to a CNBC headline claiming that “the momentum trades of 2026 are breaking with gold, silver, and South Korea down big.” Maharrey argued that the headline ignored the larger context. Stocks, Bitcoin, and even U.S. Treasuries declined during the same trading session, indicating a broad-based market selloff rather than a specific collapse in precious metals.
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