Long-Term Strategies in Silver & Gold Volatility, Software Sell-Off

• Gold remains a strategic core holding, with central banks driving demand; accumulate on dips between $3,832 - $4,468.
• Silver is a high-beta version of gold, expected to see continued volatility and major trading opportunities, with wide swings remaining a defining feature.
• Near term, the software sector is oversold, and bounces are likely, presenting tactical buying opportunities.
• Longer term, structural risks dominate the software sector, with companies relying on public data or simple workflows facing trouble, while those with private data or embedded in large enterprises are safer.
• Despite potential CapEx pauses, demand for high-bandwidth memory (relevant to AI tech) is expected to continue growing.

Nigam Arora discusses the volatility in gold and silver, recommending accumulation on dips due to central bank buying and silver's high beta. For the software sector, he anticipates near-term bounces from oversold conditions but warns of long-term structural risks, advising selective buying and shorting based on data reliance and enterprise integration.