💎 SILVER — HISTORY MAY REPEAT ITSELF 📉📈

Many investors today may be unaware of silver's most significant boom and crash in history. Understanding past market cycles can offer valuable insights for current and future investments.

In the period between 1979 and 1980, silver prices experienced an extraordinary surge. From approximately $6/oz in early 1979, silver soared to $49–50/oz by January 18, 1980, representing over 8x gains. This rally was fueled by a massive buying spree that consolidated a significant portion of the global silver supply.

However, this boom was followed by a dramatic collapse known as "Silver Thursday." On March 27, 1980, new trading rules and subsequent margin calls triggered a severe market correction. Silver prices plummeted by 50% in a single day, falling from ~$21 to ~$10/oz, leading to widespread investor bankruptcies.

The aftermath saw silver remain highly volatile for years. It took decades for the market to fully recover from that historic crash, illustrating the long-term consequences of rapid price movements.

Looking ahead, if silver were to push towards $100–110/oz, perhaps by 2026, it's crucial to remember historical precedents. What rises rapidly often has the potential to fall just as swiftly.

⚠️ The lesson from this historical event is clear: always understand past market behavior before investing. History often tends to repeat its patterns.

Therefore, exercise caution and conduct your own research (DYOR). While silver has its place, many consider the future to be in crypto. ⚡#Silver $XAG

Silver's price is already showing downward trends.