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TechFlow news, on December 24, Garrett Jin, alleged operator of "1011 insider address" and co-founder of XHash, posted on social media stating that the recent price increases in silver, palladium, and platinum are actually a short squeeze phenomenon and are not sustainable. Once prices of these precious metals start to decline, gold prices may likely fall as well. At that point, capital will shift from the precious metals market to Bitcoin and Ethereum.
Garrett Jin, alleged operator of "1011 insider address" and co-founder of XHash, posted on social media stating that the recent price increases in silver, palladium, and platinum are actually a short squeeze phenomenon and not sustainable. Once prices of these precious metals start to decline, gold prices could likely fall as well. At that point, capital will likely shift from the precious metals market to Bitcoin and Ethereum.
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