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Downplaying the threat of the epidemic? Trump insists: This is correct! The $30 target for silver futures remains unchanged!

Abstract: The cumulative number of confirmed cases of new crown pneumonia in the United States has exceeded 6.58 million. A well-known American reporter recently revealed that US President Trump knew the harm and severity of the new crown virus as early as February, but Trump chose to downplay the threat of the epidemic.

On September 11, the cumulative number of confirmed cases of new crown pneumonia in the United States has exceeded 6.58 million. A well-known American reporter recently revealed that US President Trump knew the harm and severity of the new crown virus as early as February, but Trump chose to downplay the epidemic Threatened. In response, Trump still insisted that this was the right approach.

On Friday (September 11), silver futures opened at 27.035 US dollars per ounce, the highest reached 27.115 US dollars per ounce, and the lowest touched 26.725 US dollars per ounce. As of press time, it temporarily reported 26.780 US dollars per ounce, a decrease of 1.87%.

Trump responds to downplaying the threat of the epidemic

The United States is still the country with the most severe outbreak of new crown pneumonia. The cumulative number of confirmed cases has exceeded 6.58 million, reaching 6,586,965, and the cumulative number of deaths has exceeded 196,000, reaching 196,248.

"Washington Post" reporter Woodward revealed on Wednesday that Trump, who had been preaching that the new crown was "just the flu" at the beginning of the epidemic, knew the lethality of the virus as early as February. On the 10th local time, Trump tweeted back, saying that the reason why Woodward did not report what he said a few months ago was because he agreed with what he said.

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Trump tweeted: "Bob Woodward has mastered what I said months ago. If he thinks these words are so bad or dangerous, why not expose them right away and save lives? Isn't he obliged to Do you do this? No, because he knows all this is correct. Calm down and don't panic!"

Previously, Trump also stated that the vaccine would be distributed before the November election, and most people expressed distrust of speeding up the vaccine process. The Kaiser Family Foundation (KFF) survey shows that most Americans-62%-believe that political pressure from the Trump administration will cause the U.S. Food and Drug Administration (FDA) to approve the new crown before election day on November 3 Virus vaccine.

If before the upcoming elections, the new coronavirus vaccine is ready and provided free of charge, only slightly more than half (54%) of the respondents said they would not get it, while 42% said they would.

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Silver futures market outlook

Silver futures pulled back slightly due to pressure from the rising dollar. George Gero, managing director of RBC Wealth Management, said in a report recently that gold investors are now on the sidelines due to the strengthening of the US dollar. Gero said that although the popularity of precious metals investors is somewhat hesitant, the uncertainty before the US presidential election and the growing concerns about the correction of the stock market have provided important support for precious metal prices. He said in the report: "Looking for buyers in the larger decline, began to increase expectations for silver to reach $30 and gold to reach $2,000."

Judging from the 1-hour chart, the green kinetic energy column continues, and the price of silver futures is still in correction, but the decline has slowed. Nevertheless, the Kshitij consulting service team said yesterday that silver futures may rise to 28-30 US dollars per ounce in the next week. As long as it remains above $26 per ounce, the outlook for silver futures remains bullish.

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