A DR Congo fan known as ‘Lumumba’ stood motionless in the stands for the entire match against Senegal at AFCON on Saturday, mirroring a statue of the country’s independence leader.
Published On 29 Dec 2025
A DR Congo fan known as ‘Lumumba’ stood motionless in the stands for the entire match against Senegal at AFCON on Saturday, mirroring a statue of the country’s independence leader.
Published On 29 Dec 2025
Robinhood is known for propogating memestock mania, making its founders billionaires, and changing how Americans invest. But a model of corporate governance and succession planning? Well, add it to the list. The company’s carefully planned CFO transition that underscores how far the company has come—from a scrappy startup navigating hypergrowth and market turbulence to an S&P 500 firm focused on durable, disciplined execution.
The Menlo Park, Calif.-based fintech and trading platform, which offers traditional asset and cryptocurrency trading, announced in November that CFO Jason Warnick is retiring. He will move into an advisory role in the first quarter of 2026 and remain with the company until Sept. 1, 2026, as Shiv Verma, SVP of finance and strategy and treasurer, steps into the top finance job. Fortune recently sat down with the duo at Robinhood’s Washington, D.C., office to delve into how they orchestrated the handoff—and what they learned along the way.
Today Robinhood has a fully built-out finance organization and a place in the S&P 500. In 2024, the company earned $2.95 billion in total net revenues and annual net income of $1.41 billion. This marked Robinhood’s first year of GAAP profitability year since going public in 2021. Robinhood is growing fast—its revenue is already approaching half the size of mid-tier financial firms like T. Rowe Price and Broadridge.
But when Warnick joined the company in late 2018 after two decades at Amazon, the finance function was barely a dozen people. Verma had been hired as treasurer weeks earlier, plus there were a handful of accountants, and one finance contractor.
In talking with Warnick and Verma, both based on the West Coast, they conveyed a startup-like vibe at the company: informal, not at all stuffy, and open to ideas and debate, and at times, laughter. “I actually told him it’s not too late if he wants to change his mind,” Verma quipped of Warnick’s pending retirement. “I’ll miss him as friend.”
Verma considers himself as super analytical. “I’m a math guy; a former bond trader,” he said. But what he learned from Warnick is the ability to delegate. Otherwise, you can “start at six in the morning and go till midnight,” he said. “And I have a three month old at home.”
“His wife is certainly upset with me, right?” Warnick quipped. “She loves Jason; she’s not such a fan of the timing,” Verma parried back. “Although, she is genuinely happy for both of us,” he added.
The camaraderie between Warnick and Verma began as members of a team, led by Robinhood CEO Vladimir Tenev, that navigated the company through some rough waters. In March 2020, Robinhood suffered a major app outage on one of the biggest up days in market history, leaving users unable to trade as the Dow surged, Warnick recalled.
“We weren’t engineers, and you can feel kind of helpless,” he said. But he and Verma quickly concluded that their role was not to fix code but to triage stakeholders. That meant calling bankers, investors, and board members in real time and being as transparent as possible, Warnick said. That groundwork, he believes, helped Robinhood raise billions of dollars in early 2021, when meme-stock volatility and surging volumes again stressed the platform. The capital raise was aimed at strengthening the company’s financial position and supporting its rapid growth at the time, Warnick said.
This transition was years in the making, something you might expect at a 100 year old Fortune 500 firm but not necessarily a nimble disruptor. “We’ve been joined at the hip for seven years,” Verma quips. But over those seven years, Warnick steadily expanded Verma’s remit—from treasury to finance, then investor relations, corporate development, benchmarking and customer strategy, and partnerships. Along the way, Verma hired a dedicated treasurer and a VP of finance, often at Warnick’s urging, to allow him to step back and concentrate on higher-leverage decisions.
That deliberate scope expansion mirrored Warnick’s own progression at Amazon, where his responsibilities grew, eventually culminating in oversight of a 500-person finance organization and a role as chief of staff to the CFO. At Robinhood, the same model meant that by the time the transition was announced, Verma was already managing more than half the finance organization and acting as a central node across the business. He has attended every board meeting since Robinhood went public, co-presented earnings, and regularly joined audit and risk committee sessions.
Verma describes the last seven years as a compressed Silicon Valley lifecycle: early buildout, pandemic-era hypergrowth, the GameStop frenzy and IPO, followed by a sharp selloff. In 2022, Robinhood cut roughly 30% of its workforce and shifted to a general manager model. “We’ve come a long way,” Verma said, “to a very skilled public company.”
Today CFOs are expected to own the numbers, but also act as core strategist, digital leader, and enterprise change agent. Earlier in his career, Warnick said he was once asked by a mentor, What do you think is the most important aspect of a CFO’s job? He answered, capital allocation.
“That’s important; that’s what drives future returns for the company,” he recalls his mentor telling him. “But you don’t get to allocate the capital yourself.” The most important skill a CFO has, Warnick said, is influencing the ultimate decision-maker—the CEO. “So our job is to bring data and finance into the discussion and influence the outcome,” he said. “And I think that that is one area where Shiv just shines.”
Verma spends a lot of time with Tenev, the board, and cross-functional leaders in engineering, legal, compliance, and risk, focusing on the decisions that matter most for Robinhood’s long-term trajectory, he said.
For the finance leaders, what looks like succession planning was arguably really the foundation of a solid mentorship. “He’s still my first call when I’m struggling with something,” Verma said of Warnick.
As for Warnick’s retirement plans, they are still being fleshed out, but will include travel with his wife, as they are now empty nesters. One thing’s for sure: if Verma wants some advice, he’s only a phone call away.
Bernd Debusmann Jr,Washington DCand
Harry Sekulich
ReutersDonald Trump and Volodymyr Zelensky said progress had been made to end the Ukraine war during talks in Florida, but failed to reach a breakthrough on a few of the thorniest issues.
The US and Ukrainian leaders met at Trump’s Mar-a-Lago home on Sunday to discuss a revised peace plan, several key parts of which Russia has already rejected.
On Monday, Zelensky said the US had offered security guarantees for a period of 15 years. Trump said on Sunday an agreement on this point was “close to 95%” done.
But little has been said on the future of Ukraine’s contested Donbas region, which Russia seeks to control in its entirety.
ReutersMoscow currently controls about 75% of the Donetsk region, and some 99% of the neighbouring Luhansk. The two regions are known collectively as Donbas.
Speaking to reporters after the talks, Trump said a deal on Donbas remained “unresolved, but it’s getting a lot closer”.
Its fate has been a major obstacle throughout negotiations, with Russia consistently unwilling to compromise on its aim to seize its full control.
On Monday, the Kremlin again said Ukraine should withdraw its troops from the part of Donbas Kyiv still controls. Ukraine has insisted the area could become a free economic zone policed by Ukrainian forces – but Zelensky has underlined that any talks on this should include the Ukrainian people, Reuters news agency reported.
The US president has repeatedly changed his own position on Ukraine’s lost territories, and in September stunned observers by suggesting that Ukraine might be able to take it back. He later reversed course.
Addressing reporters at Mar-a-Lago after Sunday’s talks, Zelensky repeated his belief that an overall peace agreement was 90% of the way there, a figure he had given in the days leading up to his visit.
Both leaders also indicated there had been progress on one key sticking point – security guarantees for Ukraine.
Zelensky later said the US had offered security guarantees for an extendable period of 15 years, but Kyiv wanted the option of having them for up to 50 years. He said he hoped the guarantees would begin the moment Kyiv signed a peace deal, Reuters reported.
The US has not yet commented on the time frame. On Sunday, Trump said an agreement was close and that he expected European countries to “take over a big part” of that effort with support from the US.

Trump, meanwhile, floated the possibility of trilateral talks between the US, Russia, and Ukraine, saying it could happen “at the right time”.
While the US president is keen to add the Ukraine-Russia war to the list of conflicts he claims to have ended, he cautioned that stalled or scrapped talks that go “really badly” could mean that the war continues.
Zelensky suggested the Ukrainian officials could meet at the White House in January, potentially alongside European leaders, as the US and Ukrainian delegations finalise plans for further talks.
In a post-meeting call with European allies, European Commission President Ursula von der Leyen hailed “good progress” in the Florida talks while reinforcing the need for “ironclad security guarantees” for Ukraine.
French President Emmanuel Macron also said Kyiv’s allies would meet in Paris next month to discuss security guarantees.
Zelensky later said that a peace plan should be put to a referendum in Ukraine, saying a 60-day ceasefire would be necessary for such a vote to take place.
However, Russia does not back a temporary ceasefire – an issue which reportedly came up on a call between Trump and Russia’s President Vladimir Putin ahead of Sunday’s meeting.
Yuri Ushakov, Russia’s former US ambassador, said Trump listened to the Kremlin’s assessment of the proposals and the two presidents left the call united in their belief that a temporary ceasefire proposed by the EU and Ukraine would instead prolong the conflict.
The US president – who initiated the call – acknowledged that Moscow had little interest in a ceasefire that would allow Ukraine to hold a referendum.
“I understand that position,” he added.
Little further detail was offered, although Trump said he believed the Russian leader “wants Ukraine to succeed”.
Meanwhile, strikes continued overnight In Ukraine.
Kyiv said 25 airstrikes were carried out by Russia on Sunday, 21 of which were shot down.
Russia’s Ministry of Defence said 89 UAVs were intercepted by them on Sunday night – the vast majority of which were over the Bryansk region.
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Oleksandr Usyk recently reiterated his desire to face Deontay Wilder next. Tyson Fury, who has faced both with very different results, has weighed in on the plans.
Usyk became undisputed for a second time this year when he stopped Daniel Dubois at Wembley Stadium. With his legacy cemented, he opted to vacate the WBO belt rather than face mandatory challenger Fabio Wardley in pursuit of a more high profile fight.
He believes he has found that in Wilder, who, despite being inactive and apparently past his powerful best, is one of the biggest names in the heavyweight generation that will soo come to a close.
Speaking to DAZN Fight Club in an interview focused on friend and sparring partner Agit Kabayel, Fury recognised Usyk’s Wilder plans as a way to have a high profile fight.
“Agit’s [WBC] interim champion, so they should force Usyk to either defend or vacate. Me personally, I don’t think Usyk’s gonna fight anybody in those WBC rankings, because it doesn’t make any commercial sense. There’s no money in them fights. Is he gonna get paid for fighting Agit Kabayel? Is he gonna get paid for fighting Lawrence Okolie? No.
“When you’ve fought Tyson Fury and had GK money, you’re not going back down to fight anybody else for f–k all. So I can’t see Usyk defending against any of those names. That’s why he’s looking to fight a Wilder, or somebody with a popular name with a following. So, just like he vacated the WBO, he must vacate the WBC, and Agit will be upgraded to world champion. He can defend against the winner of [Lawrence] Okolie and [Moses] Itauma.”
Despite Fury’s insistence that Usyk will vacate the WBC belt, the sanctioning body has granted the great Ukrainian a voluntary defence and said Wilder, who was their champion for almost half a decade but is currently not ranked in the top 15, is an eligible opponent.
We’ve talked about Benda a few times before, and it seems every time there’s a new motorcycle from the Chinese brand, there’s some radical approach behind it. Whether it be a Transformers-inspired naked moto, a mean-looking 250cc bobber, or an inline-four cruiser with the widest rear tire on a production bike. This time, it’s the engine that seeks all the attention.
The brand’s upcoming P51 moto – not to be confused with the North American Aviation P51 – rocks a proper hybrid boxer engine concept wrapped in a compact, horizontally opposed setup combined with an electric motor – a configuration we’ve never seen on a motorcycle. BMW came close with the BMW Vision DC Roadster, but that was a fully electric bike that had batteries for “heads.”
Not only does this motorcycle house a proper hybrid system, but it also produces absolutely insane power figures for what is essentially a 250cc petrol engine: 62 horsepower and 74 lb-ft (100 Nm) of torque, and a claimed 0 to 60 mph (97 km/h) time of just 3.7 seconds. That drops the P51 squarely within Yamaha MT-07 figures.
Benda
Those figures crush nearly all modern 250–300 cc four-stroke bikes; they’re actually on par with most modern 600–700 cc middleweights. Now that’s a big achievement for a motorcycle this size.
As for hybrid setups, sure, we have seen a few pop up as of late, like the the more well-known Kawasaki Ninja 7 Hybrid and the lesser-talked about Yamaha FZ-S Hybrid. The Benda P51 is entirely different.
The Kawasaki uses a strong hybrid setup that’s primarily focused on fuel efficiency and flexible riding modes. Yamaha’s setup is even tamer – relying on a Starter Motor Generator (SMG) paired with a conventional small-displacement commuter ICE that’s only meant to kick in with mild electric assist while idling and letting the clutch out. It can’t drive the bike with electricity alone.
The biggest distinction is that the P51 can also run entirely in electric mode, something neither the Kawi or the Yami are capable of. And the P51’s hybrid system goes far beyond efficiency – it actively takes care of acceleration by filling in torque gaps and changing the way power is distributed throughout the rpm range … even going so far as to optimize weight distribution and center of gravity.
Benda
With all those tweaks to the motor, the bike weighs a tad more than most 250cc bikes at 392 lb (178 kg), which is up there with the middle-weight MT-07 as well.
The bike itself is based on a neo-retro design with what Benda calls “aviation-inspired touches.” That might ring some bells for the BMW Boxer fans out there. The sculpted bodywork, the sleek proportions, and the chopped rear fender are all neat touches that most retro-enthusiasts will appreciate … like BMW R nineT owners.
It makes use of an aluminum frame and conventional telescopic forks. That’s the same hardware Benda uses on a lot of its other models, like the Napoleonbob 500, which has long been rumored to be making its way to the States.
How far off is the bike from production? It’s probably not too far off, considering all the information that’s available. But the lack of other specifics on the hardware and underpinnings suggests Benda is probably still working on it.
Benda
What’s more important is the fact that innovation like this isn’t just limited to big-name European/Japanese bikemakers anymore. If a relatively new company like Benda can dare to explore a proper hybrid engine setup (most likely with an appreciable retail price, too), nothing remains exclusive anymore. Certainly not technology.
What’s your take on it? Would you consider a hybrid engine on your next bike?
Source: Benda
Published On 29 Dec 2025
Winter rain has lashed the Gaza Strip over the weekend, flooding displacement camps with ankle-deep water as Palestinians struggled to stay dry in flimsy, worn-out tents. These Palestinians have been displaced after more than two years of Israel’s genocidal war, which has destroyed much of the besieged enclave.
In Khan Younis, soaked blankets and swamped clay cooking ovens added to the misery. Children in flip-flops navigated through puddles while adults desperately used shovels and tin cans to remove water from tents or extracted collapsed shelters from mud.
“Puddles formed, and there was a bad smell,” said Majdoleen Tarabein, displaced from Rafah in southern Gaza. “The tent flew away. We don’t know what to do or where to go.”
She and her family attempted to wring sodden blankets dry by hand.
“When we woke up in the morning, we found that the water had entered the tent,” said Eman Abu Riziq, also displaced in Khan Younis. “These are the mattresses. They are all completely soaked.”
She added that her family is still grieving her husband’s death less than two weeks ago.
“Where are the mediators? We don’t want food. We don’t want anything. We are exhausted. We just want mattresses and covers,” pleaded Fatima Abu Omar while trying to stabilise a collapsing shelter.
At least 15 people, including three babies, have died this month from hypothermia following the rains and plunging temperatures, according to the authorities in Gaza.
Emergency workers have warned against staying in damaged buildings due to collapse risks, yet with most of the territory in rubble after relentless and ongoing Israeli bombardment, shelter options are scarce. United Nations estimates from July indicate nearly 80 percent of Gaza’s buildings have been destroyed or damaged.
Since the ceasefire between Israel and Hamas began, 414 people have been killed and 1,142 wounded, with the overall Palestinian death toll reaching at least 71,266, according to the Health Ministry.
Aid deliveries to Gaza fall significantly short of ceasefire-mandated amounts, humanitarian organisations report. The Israeli military authority overseeing humanitarian aid stated that 4,200 aid trucks entered Gaza in the past week, along with sanitation equipment and winter supplies, but refused to specify the quantity of tents provided. Aid groups emphasise that current supplies cannot meet overwhelming needs.
Since the ceasefire, approximately 72,000 tents and 403,000 tarps have entered Gaza, according to Shelter Cluster, an international aid coalition led by the Norwegian Refugee Council.
“People in Gaza are surviving in flimsy, waterlogged tents and among ruins,” Philippe Lazzarini, commissioner-general of the UN refugee aid organisation in Gaza, said on social media. “There is nothing inevitable about this. Aid supplies are not being allowed in at the scale required.”

China approves priority review for HUTCHMED’s liver cancer drug
Orla GuerinSenior International Correspondent in Gaziantep, Turkey
BBCThe pull of home can be strong – even when it is a place you can’t remember.
That is how it is for Ahmed, 18. He emerges from a mosque in the heart of Gaziantep in south-east Turkey – not far from the Syrian border – wearing a black T-shirt with “Syria” written on the front.
His family fled his homeland when he was five years old, but he is planning to go back in a year or two at most.
“I am impatient to get there,” he tells me. “I am trying to save money first, because wages in Syria are low.” Still, he insists the future will be better there.
“Syria will be rebuilt and it will be like gold,” he says.
If he goes back, he will be following in the footsteps of more than half a million Syrians who have left Turkey since the ousting of Syria’s long-time dictator, Bashar al-Assad, in December 2024.
Many had been here since 2011, when civil war began devouring their country.
In the years that followed, Turkey became a safe haven, taking in more Syrians than any other country. The number reached 3.5 million at its peak, causing political tension and – on occasion – xenophobic attacks.
Officially, no Syrian will be forced to go, but some feel they are being pushed – by bureaucratic changes, and by a waning welcome.
Civil society organisations “are getting the message from the authorities that it’s time to go”, says a Syrian woman who did not want to be named.
“I have a lot of good Turkish friends. Even they and my neighbours have asked why I am still here. Of course we will go back, but in an organised way. If we all go back together, it will be chaos.”
Getty ImagesAya Mustafa, 32, is eager to leave – but not yet. We meet under a winter sun by the stone walls of a castle, which has towered over Gaziantep since the Byzantine era. Her hometown, Aleppo, is less than two hours’ drive away.
She says going back is a constant topic of conversation in the Syrian community.
“Every day, every hour, we speak about this point,” says Aya, whose family were lawyers and teachers back home, but had to start again in Turkey, baking and hairdressing to earn a living.
“We are talking about how we can return, and when, and what we can do. But there are many challenges, to be honest. Many families have children who were born here and can’t even speak Arabic.”
Then there is the level of destruction in new Syria – where war has done its worst – and where the interim president, Ahmed Al Sharaa, is a former senior leader of Al Qaeda who has worked to reinvent his image.
Aya saw the ruins of Aleppo for herself when she went back to visit. Her family home is still standing but now occupied by someone else.
“It’s a big decision to go back to Syria,” she says, “especially for people with elderly relatives. I have my grandmother and my disabled sister. We need the basics like electricity and water and jobs to survive there.”
For now, she says, her family can’t survive in Syria, but they will return in time.
“We believe that day will come,” she says, with a broad smile. “It will take some years [to rebuild]. But in the end, we will see everyone in Syria.”
AFP via Getty ImagesA short drive away, we get a very different view from a Syrian family of four – father, mother and two teenage sons. The father – who does not want to be named – runs an aid organisation helping his fellow countrymen. Over glasses of tea and helpings of baklava, I ask if he and his family would move back. His response is swift and adamant.
“No, not for me and for my family,” he says. “And the same goes for my organisation. We have projects inside Syria, and we hope to extend that activity. But my family and my organisation will stay here in Turkey.”
Asked why, he lists problems with the economy, security, education and the health system. Syria’s interim government “hasn’t any experience to deal with the situation”, he tells me. “Some ask us to give them a chance, but one year has passed and the indications are not good.”
He too has visited the new Syria, and, like Aya, was not reassured. “The security situation is very bad,” he says. “Every day there are killings. Regardless of who the victims are, they have souls.”
His voice softens when he speaks of his 80-year-old father in Damascus, who hasn’t seen his grandsons for 12 years, and may never see them again.
For now, he and his family can remain in Turkey, but he’s already making contingency plans in case government policy changes.
“Plan A is that we will stay here in Turkey,” he says. “If we cannot, I’m thinking about plan B, C and even D. I am an engineer, always planning.”
None of those plans involve a return to Syria.
If going home is hard, staying in Turkey isn’t easy either. Syrians have “temporary protection” that comes with restrictions. They are not supposed to leave the cities where they are first registered. Work permits are hard to get, and many are in low paid jobs, living on the margins.
Turkish President Recep Tayyip Erdogan – who backed the uprising against Assad – has insisted that no Syrian will be driven out, but refugee advocates say there are growing pressures beneath the surface.
They point to the ending of free medical care for Syrians from January, and new government regulations which make it more expensive to hire them.
“These new elements cast a shadow over how voluntary returns are,” says Metin Corabatir, who heads an independent Turkish research centre on asylum and migration, IGAM.
And he says presidential and parliamentary elections – due by 2028 – may be another threat for Syrians here.
“Normally President Erdogan is their main protector,” Mr Corabatir tells me. “He says they can stay as long as they want. And he repeated this after the regime changed. But if there is an election, and a political gain for the AKP [ruling party] to make, there might be some policy changes.”
Getty ImagesFresh elections could revive the xenophobic rhetoric that featured in the last polls, he warns. “Those feelings went to sleep,” he says, “but I am quite sure the infrastructure of this xenophobic attitude is still alive.”
On a cold grey morning at a border crossing an hour’s drive from Gaziantep the hills of Syria are visible, a short distance away.
Mahmud Sattouf and his wife Suad Helal are heading to their homeland – this time just for a visit. They have Turkish citizenship, so they will be able to return. For other Syrians, the journey is now one-way.
Mahmud, a teacher, is beaming with excitement.
“We are returning because we love our country,” he says. “It’s a great joy. I can’t describe it in words. As we say in English: ‘East, west, home is best’.”
He and Suad will move home in about a year, he tells us, when Syria is more settled, along with their four sons, and their families.
“I am 63,” he says, “but I don’t feel like I am an old man. I feel young. We are ready to rebuild our country.”
How will it feel to be back for good? I ask.
“I will be the most happy man in the world,” he says, and laughs.
Silver retreated sharply after smashing through $80 an ounce for the first time, with traders taking profits from a record-breaking rally powered by a structural imbalance in supply and demand.
The white metal fell as much as 5% on Monday, after earlier spiking to a record $84 an ounce following five straight days of gains. A weaker dollar and escalating geopolitical tensions have added to the appeal of precious metals during an end-of-year jump to all-time highs for silver, gold and platinum.
“Make no mistake: we are witnessing a generational bubble playing out in silver,” said Tony Sycamore, a market analyst at IG Australia.
Read More: Why Silver Has Been Surging Even More Than Gold
Silver’s rapid acceleration caps a yearlong rally for precious metals driven by elevated central-bank purchases, inflows to exchange-traded funds and three successive rate cuts by the US Federal Reserve. Lower borrowing costs are a tailwind for the commodities, which don’t pay interest, and traders are betting on more rate cuts in 2026.
In the last week, frictions in Venezuela — where the US has blockaded oil tankers — and strikes by Washington on Islamic State in Nigeria have added to the haven appeal of precious metals. The Bloomberg Dollar Spot Index, a key gauge of the US currency’s strength, fell 0.8% last week, its biggest weekly drop since June. A weaker dollar is generally supportive of gold and silver.
Silver is outshining gold for several reasons. For one, the market is thinner. Tighter inventories and liquidity that can evaporate quickly; while the London gold market is underpinned by around $700 billion of bullion that can be lent out in the event of a liquidity squeeze, no such reserve exists for silver. That historic supply squeeze happened in October.
Read More: Sold Out in India, Panic in London: How the Silver Market Broke
“The dominant driver of late has been a severe structural supply-demand imbalance in silver, sparking a scramble for physical metal,” said Sycamore. “Buyers are now paying a remarkable 7% premium for immediate delivery compared to waiting a year.”
Vaults in London have drawn sizable inflows since the October squeeze, but this has led to shortages elsewhere. In China, silver kept in warehouses linked to the Shanghai Futures Exchange last month hit the lowest level since 2015.
Added to that, much of the world’s readily available silver remains in New York as traders await the outcome of a US Commerce Department probe into whether imports of critical minerals pose a national security risk. The review could pave the way for tariffs or other trade curbs on the metal.
Read More: Precious Metals Craze Prompts China Fund to Turn Away Investors
Unlike gold, silver also has many useful real-world properties that make it a valuable component in a range of products like solar panels, AI data centers and electronics. With inventories near their lowest on record, there’s a risk of supply shortages that could impact multiple industries.
This prompted Elon Musk on Saturday to respond to a series of tweets on the supply shortage by saying on X: “This is not good. Silver is needed in many industrial processes.”
Technical indicators show the rally in silver may have run too hard, too fast. The metal’s 14-day relative strength index showed a reading of almost 80, far above the 70 that is considered to be overbought.
Spot silver rose as much as 6% to a high of $84.00 an ounce before crashing 3.6% to trade at $76.47 as of 8:38 a.m. in Singapore. Gold fell 0.9% to $4,495.73 an ounce, below a record of $4,549.92 hit on Friday. Platinum and palladium both retreated after hitting records in the previous session.