Inventory of the six epic collapses in silver history:

Silver has always been known for its high volatility, and several crashes in its history have not only resulted in price depreciation but also a reshuffling of wealth.

Below are the key dark moments in silver history:

1873: The collapse of the attribute led to the repeal of the U.S. Coinage Act, stripping silver of its monetary status, and officially transforming silver from 'currency' to 'commodity', initiating a decades-long decline in value.

1980: Silver Thursday, the most disastrous collapse in history. The Hunt brothers' manipulation of silver failed, resulting in forced liquidation. The silver price plummeted from $50.35 to $10.8, a decline of 78%, directly triggering a bear market that lasted for the next 20 years.

2011: In May, silver prices once again attempted to break through $50 but failed, plummeting 30% in just five trading days, marking the end of the bull market. 2013: The commodity winter saw a global sell-off of commodities, with silver plunging 12% in a single day, establishing a mid-term downward channel.

2015: Interest rate hikes impacted by expectations of a rate increase by the Federal Reserve saw the silver price drop to $13.66, a cumulative loss of over 61% from the 2012 peak.

2020: The liquidity crisis triggered by the pandemic led to a sell-off of all assets, causing silver prices to flash crash to $11.6, but subsequently staged an astonishing 'V'-shaped reversal.

Silver is a typical 'mad horse', going crazy when it rises and deadly when it falls. Recently, silver's trend has shown high volatility and a rapid decline, with the main characteristics as follows:

At the end of January, the silver price soared to an all-time high (over $120/oz), followed by a severe sell-off, a rare rapid correction in market history. Even so, the support range is around $75–$80/oz, and technically it is still in a phase of consolidation and fluctuation. If the support below is lost, the decline may continue!

I recommend building a square for a more stable approach! #vanar @Vanar $VANRY