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Silver's ‘great rotation': Tech selloff to fuel rush into precious metals, says Jen Bawden
Silver prices remain stuck in a frustrating consolidation pattern below $80 an ounce; however, the precious metal could be poised to benefit from a broad rotation out of overvalued technology stocks and into hard assets as mounting geopolitical and economic risks fuel inflation and undermine confidence in traditional financial markets, according to one fund manager.
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Silver prices remain stuck in a frustrating consolidation pattern below $80 an ounce; however, the precious metal could be poised to benefit from a broad rotation out of overvalued technology stocks and into hard assets as mounting geopolitical and economic risks fuel inflation and undermine confidence in traditional financial markets, according to one fund manager.