Comment by fatherwavelet

Anyone with long experience trading commodities would have expected this. This is like the least surprising thing ever.

It is amusing reading the comments on here. Silver dropped 50% in 1980. Silver is the original memecoin. I think people care less though about market events that happened before they were born. It is like the way I know the entire story of silver in 1980 even though I was a little kid but nothing about the Nifty Fifty a decade earlier.

Nothing for me with commodities will ever top -$37 per barrel during Covid with oil. That was a level of market shell shock for me that I just can't imagine being topped.