{"id":674260,"date":"2026-01-30T22:37:03","date_gmt":"2026-01-30T22:37:03","guid":{"rendered":"https:\/\/microscopemedia.com\/?p=674260"},"modified":"2026-01-30T22:37:03","modified_gmt":"2026-01-30T22:37:03","slug":"cea-mai-neagra-zi-pentru-argint-din-1980-aurul-si-argintul-s-au-prabusit-dupa-nominalizarea-facuta-de-donald-trump-dolarul-se-intareste-iar-investitorii-inchid-pozitii-pe-repede-nainte","status":"publish","type":"post","link":"https:\/\/microscopemedia.com\/?p=674260","title":{"rendered":"Cea mai neagr\u0103 zi pentru argint din 1980. Aurul \u0219i argintul s-au pr\u0103bu\u0219it dup\u0103 nominalizarea f\u0103cut\u0103 de Donald Trump: dolarul se \u00eent\u0103re\u0219te, iar investitorii \u00eenchid pozi\u021bii pe repede-nainte"},"content":{"rendered":"
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Pe pia\u021ba spot, argintul a cobor\u00e2t cu 28%, la 83,45 dolari\/uncie, aproape de minimele zilei. Contractele futures pe argint s-au pr\u0103bu\u0219it cu 31,4%, \u00eenchiz\u00e2nd la 78,53 dolari, cel mai slab rezultat zilnic din martie 1980. \u00cen paralel, aurul spot a pierdut aproximativ 9%, p\u00e2n\u0103 la 4.895,22 dolari\/uncie, iar aurul futures a sc\u0103zut cu 11,4%, la 4.745,10 dolari.<\/p>\n

Sc\u0103derea a fost declan\u0219at\u0103 ini\u021bial de relat\u0103ri privind nominalizarea, apoi s-a accelerat \u00een a doua parte a sesiunii americane, pe fondul marc\u0103rilor de profit \u0219i al unei mi\u0219c\u0103ri puternice de \u201edeleveraging\u201d \u00een r\u00e2ndul traderilor pe termen scurt. \u00cen acela\u0219i timp, dolarul s-a apreciat, ceea ce face metalele mai scumpe pentru cump\u0103r\u0103torii din afara SUA \u0219i pune presiune pe cota\u021bii \u00eentr-un context \u00een care o parte din pia\u021b\u0103 paria c\u0103 metalele ar putea \u201e\u00eenlocui\u201d dolarul ca activ de rezerv\u0103.<\/p>\n

Indicele dolarului era \u00een cre\u0219tere cu circa 0,8%.<\/p>\n

\u201eForced selling\u201d \u0219i apeluri \u00een marj\u0103<\/h2>\n

\u201eAsta devine nebunesc\u201d, a declarat Matt Maley, strateg de ac\u021biuni la Miller Tabak. Potrivit lui, o bun\u0103 parte din mi\u0219care pare a fi \u201ev\u00e2nzare for\u021bat\u0103\u201d: argintul devenise unul dintre cele mai \u201efierbin\u021bi\u201d active pentru day-traderi, iar levierul acumulat \u00een pozi\u021bii a declan\u0219at apeluri \u00een marj\u0103 odat\u0103 cu sc\u0103derea brusc\u0103.<\/p>\n

\u00cen ultimele s\u0103pt\u0103m\u00e2ni, National Economic Council \u00eel indicase pe Kevin Hassett drept favorit pentru a-l \u00eenlocui pe Jerome Powell, \u00eens\u0103 Warsh a urcat rapid \u00een frunte \u00een pie\u021bele de predic\u021bie \u00een ultimele zile.<\/p>\n

\u00centr-o not\u0103 publicat\u0103 vineri diminea\u021b\u0103, Evercore ISI, prin vicepre\u0219edintele s\u0103u Krishna Guha, a spus c\u0103 pia\u021ba \u201etranzac\u021bioneaz\u0103 Warsh ca fiind hawkish\u201d (mai \u00eenclinat spre \u00een\u0103sprire monetar\u0103). \u00cen aceea\u0219i logic\u0103, nota argumenta c\u0103 alegerea ar putea stabiliza dolarul \u0219i ar reduce riscul unor episoade prelungite de sl\u0103biciune a monedei americane, \u201elovind\u201d indirect tranzac\u021biile de tip \u201edebasement\u201d (pariu pe erodarea valorii dolarului) \u2014 un motiv pentru care aurul \u0219i argintul au c\u0103zut puternic.<\/p>\n

Totu\u0219i, Guha avertiza \u00eempotriva \u201esupra-tranzac\u021bion\u0103rii\u201d acestei teme, indic\u00e2nd \u0219i riscul unei mi\u0219c\u0103ri de tip \u201ewhipsaw\u201d (\u00eentoarcere rapid\u0103): \u00een viziunea sa, Warsh ar fi mai degrab\u0103 pragmatic, nu un \u201ehawk\u201d ideologic.<\/p>\n

Geopolitica, ingredientul care a alimentat raliul din 2025<\/h2>\n

J. Safra Sarasin Sustainable Asset Management a descris, prin strategul FX Claudio Wewel (\u00eentr-o interven\u021bie la Squawk Box Europe), o \u201efurtun\u0103 perfect\u0103\u201d care a \u00eempins metalele \u00een sus: tensiuni geopolitice accentuate, inclusiv capturarea pre\u0219edintelui Nicol\u00e1s Maduro, pe fondul crizei cu Venezuela, \u0219i amenin\u021b\u0103ri ale Washingtonului privind utilizarea for\u021bei \u00een Groelanda \u0219i Iran.<\/p>\n

\u00cen ultimele zile, a ad\u0103ugat el, pie\u021bele metalelor au fost influen\u021bate masiv \u0219i de specula\u021biile privind cine va conduce banca central\u0103: investitorii au \u201epre\u021buit\u201d riscul unei op\u021biuni mai dovish (mai relaxat\u0103), care ar fi sus\u021binut aurul \u0219i argintul \u2014 \u00eens\u0103, \u201e\u00een ultimele 24 de ore, fluxul de \u0219tiri s-a schimbat\u201d.<\/p>\n

Efect \u00een lan\u021b: ac\u021biuni miniere \u0219i ETF-uri, lovite puternic<\/h2>\n

Aurul \u0219i argintul au avut \u00een 2025 raliuri record, cu cre\u0219teri de 66% \u0219i 135% pe parcursul anului, iar pozi\u021bionarea aglomerat\u0103 a amplificat mi\u0219carea de vineri. \u00cen ecua\u021bie au intrat \u0219i instrumentele tranzac\u021bionate la burs\u0103:<\/p>\n

Coeur Mining a sc\u0103zut cu 17%.<\/p>\n

Fondul ProShares Ultra Silver era \u00een picaj cu peste 62%.<\/p>\n

ETF-ul iShares Silver Trust a pierdut 31%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pe pia\u021ba spot, argintul a cobor\u00e2t cu 28%, la 83,45 dolari\/uncie, aproape de minimele zilei. Contractele futures pe argint s-au pr\u0103bu\u0219it cu 31,4%, \u00eenchiz\u00e2nd la 78,53 dolari, cel mai slab … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":674261,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/674260"}],"collection":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=674260"}],"version-history":[{"count":0,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/674260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/media\/674261"}],"wp:attachment":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=674260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=674260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=674260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}