Buy silver, page-2137

This comparison is a bit silly.

Are you suggesting the conditions from 2011 are the same as today? Because implying another ~73% collapse assumes they are.

The 2011 spike was largely a monetary safe haven run combined with heavy speculative leverage. When that unwound, the price collapsed.

The current market structure is very different. Over the past several years silver has been running in structural deficit as industrial demand — particularly from solar, electronics and electrification — has outstripped supply.

That is a completely different setup to the 2011 cycle.

Unless you’re suggesting a broad collapse across the entire commodity complex, what exactly would drive silver down another 73% from here?

At some point higher prices will incentivise new primary silver mines and bring supply closer to equilibrium, which should eventually stabilise the market. But as we’ve seen in other commodities like lithium, bringing new mines online takes time.