🥈 SILVER HITS $120 — HISTORY ECHOES 1980! 💥

Silver is trading near $120/oz today, and history is starting to rhyme…

Back in 1980, billionaires Nelson Bunker Hunt & William Herbert Hunt nearly broke the silver market:

Bought massive physical silver

Hoarded futures

Controlled ~100M oz — 1/3 of global supply

Price jumped $2 → ~$50

💥 Then the system snapped:

COMEX introduced Silver Rule 7

Margin trading restricted

Banks cut lending

Margin calls destroyed positions

Result: Silver collapsed 50% in a single day — Silver Thursday, March 27, 1980

📈 Today’s Differences:

Silver breaks $100+

Industrial demand booming (solar, EVs, tech)

Supply chains stressed

✅ Key: No single player can corner the market anymore

❌ But volatility remains extreme

Takeaway:

Silver moves violently. History doesn’t repeat… but it echoes.

#Silver #PreciousMetals #MarketVolatilityLaughs

$XAG