Bawden Capital Frames Precious Metals Crash as Decade-Defining Buying Opportunity Amid Liquidity Squeeze
Jen Bawden of Bawden Capital argues that the recent sharp decline in gold and silver prices, which hit one-year lows, represents a rare buying opportunity rather than a structural crisis. She attributes the selloff to a liquidity crunch triggered by a broader equity market crash and rising energy costs, not a lack of fundamental demand. Bawden compares the current situation to the 2008 and 2020 crashes, predicting a strong rebound once forced selling subsides. She notes that while high interest rates and a strong dollar currently pressure prices, long-term sovereign debt issues will eventually force central banks to ease policy, benefiting hard assets.