Why did silver go to 50 in 1980and then drop to $6 a few years later? And again in 2012. Its not industrial demand. Its the billionaire manipilators (Hunts 1980 Sprott, banks etc today) and the hoards of mindless sheeple who line up down the block outside the bullion dealer to buy 1 oz coins at a 50% premium. I know because i was one of then in 1980....but never again. Most silver investors today werent around in 1980 but i can tell you it was exactly the same psychology then as now (and 2012 for that matter). Fear of inflation, Fear of ecomomic collapse on steroids. Everyehere people were talking of moving to a farm to survive the coming economic calamity ...but it never hsppened did it. 40 years later society has made increadible progress. I didnt buy much at time at that price but a freind of mine borrowed a lot to buy in on the insanity. A few years later it fell to $6 And he spent 15 years of his life working trying to pay off the loan. Good thing he wasnt suicidal or we would have lost him. Its a paranoid bs fear trade. And with the world leaving pandemic behind there will be prosperity and employment once again and the fear trade will go up in a puff of smoke. And all that will be left once again is the industrial demand. A demand that can shrink as solar panel makers are are learning to use less and less silver and aluminum is an excellent alternative for all kinds of silver related applications and its dirt cheap in comparison. Silver back to $15 in a couple of years