RE: Price of silver... Silver is an industrial commodity and will tend to drop when the world economy is in the toilet.
Both silver and gold, and gold especially, is subject to whims, manias, and crazes. Very hard to make sense of a short term chart.
Guys like Mike Maloney does a pretty good job of explaining it and he use log term charting to the extreme. Here is a link:
https://www.silverhoarders.com/content/mike-maloney-debt-collapse-case-20-000-gold-1413/