Gold and silver rise every day, let's take a look at the two historical crashes. In history, there were two times when gold and silver skyrocketed, and the outcomes were quite tragic.
The first time was from 1979 to 1980, when gold surged from $200 to $850 in a year, and silver skyrocketed from $6 to $50. As a result, two months after hitting the peak, gold was cut in half, and silver lost two-thirds of its value, entering a long freeze of 20 years.
The second time was from 2010 to 2011, when gold rose from $1000 to $1921, and silver again surged to $50. After the sharp rise, gold retracted by 45%, silver dropped by 70%, and then it was several years of slow decline and sideways trading. Everyone, don't Fomo.