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<p>[QUOTE=&quot;physics-fan3.14, post: 26681610, member: 19165&quot;]Read this article here: <a href="https://www.investopedia.com/terms/b/bubble.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.investopedia.com/terms/b/bubble.asp" rel="nofollow">https://www.investopedia.com/terms/b/bubble.asp</a></p><p><br /></p><p>The boom phase was most of 2025. Silver was high $20&#039;s, low $30&#039;s until it crossed that $40 mark. Pretty quick rise until it crossed $50, around mid November.</p><p><br /></p><p>That&#039;s when euphoria set in. Then it was a new milestone nearly every day. $60, $75, $100... the rise was hyperbolic. If you look at the price charts, the rise was nearly straight up. No market behaves like that in real life. There is no fundamental that causes that except for extremely unlikely cases. Everyone was talking about it - it was on my local news, for crying out loud! This was absolutely the euphoria phase.</p><p><br /></p><p>I&#039;d say that when it fell from $118 to $74 in the course of 2 days, that was the bubble popping (the profit taking phase). And they are saying that the announcement of a new Fed chair (who won&#039;t even be in place for months!) was what broke the market? This precipitous drop has nothing to do with a new Fed chair, but sometimes it doesn&#039;t take much to trigger a sell. Once you start to see some selling though, everyone else has to take their profit! </p><p><br /></p><p>We had a quick echo bubble back up to $92.</p><p><br /></p><p>I believe with the price currently at $68 we are in full sell-off (panic) phase. We might have another couple of pauses and rallies for a few days on the way down, I don&#039;t know. And I don&#039;t know where the bottom is, where it stabilizes.</p><p><br /></p><p>But, everything about how silver, the market, the pundits, news media, and basically everyone has behaved over the past year is *classic* bubble behavior.[/QUOTE]</p><p><br /></p>

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