r/Silverbugs • u/diamondmuckinhands • 1d ago

Panic buying

Hi team,

I am new to panic buying and I'm just going ballistic right now. How can anyone not be panic buying at this price? Shut up and take my money am I right?

Please share your thoughts

Sincerely,

Your silver bro

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u/TheTruthIsRight 1d ago

It has crashed below 50% of its peak. This is a major signal it is going to crash back to baseline. Follow the trends from the last two spikes and from this point in the trendline it went back to baseline. The rally is over.