Silver really did have its “meme-stock” moment — and it ended fast.
Early January: $100+ felt unstoppable, then Jan 30 wiped ~30% in one session.
Gold dropped too, but it bounced back above $5,000 within a week because real long-term buyers stepped in.
Silver’s rebound has been choppy, and the “industrial demand” story isn’t a free pass if manufacturers keep reducing silver use where they can.
When fear hits, gold acts like a store of value.
Silver still trades like half metal, half hype.
