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This contrarian trader says silver has topped out — and this week’s action proves it
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Why This Matters
A contrarian trader, Kevin Muir, believes silver has reached its peak and points to this week's market action as evidence, citing its failure to respond positively to rising geopolitical risk compared to gold.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Silver’s failure to respond as positively to rising geopolitical risk as gold this week is evidence of the trade becoming “tired” says Kevin Muir
Original article published by
MarketWatch
on January 22, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.