Market moved fast today after the Trump administration shelved EU tariffs and unveiled a new framework for the Greenland deal. Gold and silver took an immediate hit, tumbling as traders digested the policy shift. The precious metals selloff reflects a broader market recalibration—softer trade tensions ease the appeal of traditional safe-haven assets. Meanwhile, the Greenland negotiations add another layer of geopolitical intrigue that'll likely keep commodities volatile. Crypto traders watching this closely, since macro moves in traditional markets often ripple through digital assets. The tariff reversal signals a potential détente in trade wars, which typically bodes well for risk appetite.
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MiningDisasterSurvivor
· 13h ago
Another policy reversal? I've already experienced the 2018 mining crisis. Such positive news is the most fake. The trade war easing caused gold to plummet, but don't be fooled by this; it's just a capital game.
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PermabullPete
· 13h ago
Is the trade war easing actually causing gold to drop? That logic is a bit crazy... Risk assets are about to turn around.
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ZeroRushCaptain
· 13h ago
Ha, another contrarian indicator has appeared. I knew the crypto market would bottom out when gold drops... but it was cut in half.
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GamefiEscapeArtist
· 13h ago
Damn, gold has dropped again. Does this mean the trade war is really easing?
Market moved fast today after the Trump administration shelved EU tariffs and unveiled a new framework for the Greenland deal. Gold and silver took an immediate hit, tumbling as traders digested the policy shift. The precious metals selloff reflects a broader market recalibration—softer trade tensions ease the appeal of traditional safe-haven assets. Meanwhile, the Greenland negotiations add another layer of geopolitical intrigue that'll likely keep commodities volatile. Crypto traders watching this closely, since macro moves in traditional markets often ripple through digital assets. The tariff reversal signals a potential détente in trade wars, which typically bodes well for risk appetite.