U.S. stocks were steady post-Christmas, but precious metals saw action with silver up 9.6%, gold up 1.3%, platinum up 10.5%, and palladium up 13%. Metals have soared this year, far outpacing gold, Nvidia, and the S&P 500. Geopolitical tensions rose after U.S. strikes on Islamic State in Nigeria and pressure on Venezuela. Investors sought safe-havens due to regional conflict fears and debt worries. Analysts attribute the metal surge to Fed easing and concerns about debt monetization. Countries with low debt levels are also seeing currency shifts tied to precious metals. Precious metals surged due to concerns over U.S. monetary and fiscal policies, with expectations of more rate cuts and potential tax cuts and tariff dividends. Bond vigilantes may raise Treasury bond yields, causing a stock market correction.

Read more at Yahoo Finance: Silver prices continue soaring as debt fears and geopolitical tensions send precious metals to fresh record highs