Silver prices are currently experiencing strong volatility, so investors need to be extremely cautious and avoid FOMO or chasing the top. Silver is an asset with large price swings, and daily corrections of 20–30% are not uncommon.

In reality, once positions become profitable, selling pressure emerges quickly. No asset can rise endlessly without pullbacks.

Looking back at history, silver peaked at around $48/oz in 1978, which is equivalent to nearly $200/oz in today’s value after adjusting for inflation. Meanwhile, the current silver price is only around 120/200 of that inflation-adjusted historical peak.

This suggests that silver is in the process of reclaiming its long-term value and may still have room to move higher. However, upside potential does not mean it is safe to go all-in.

At this stage, a prudent strategy is to prioritize capital management, take partial profits when gains are available, and limit the use of leverage. Capital preservation should always come first. #xag