Many who buy silver today are unaware of the largest boom & crash in history.
📈 1979–1980:
• Beginning of 1979: silver $6/oz
• January 18, 1980: silver surged to $49–50/oz — over 8x gains!
• The rise was led by a massive wave of purchases controlling a large part of the global silver supply.
📉 Silver Thursday — March 27, 1980:
• New rules & margin calls triggered a crash
• Silver dropped 50% in one day — from ~$21 to ~$10/oz
• Many investors went bankrupt
📊 Consequences:
Silver remained volatile for years, it took decades to recover from that crash.
💥 Moving Towards 2026:
Silver is approaching $100–110/oz. History shows that what rises quickly can fall quickly too.
⚠️ Lesson: Understand the past before investing — history tends to repeat itself.
So be careful DYOR and the future is Crypto, not silver. ⚡#Silver $XAG
