…Silver is undervalued…[these days but] has shown over time that it can jump up in price with sudden, strong movements. Today’s infographic, which covers silver’s biggest win and loss streaks since 1970, really helps to show the magnitude of this volatility. In fact, silver has gone on 58 such runs where it jumped more than 10% in price in a mere matter of days. [Take a look.]
While the most extreme silver price movements can be traced back to the Hunt era, it has still has had many big movements in modern times. About 38% of silver’s biggest win streaks (and 40% of its notable losing streaks) have happened since 2000.
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Related Article From the munKNEE Vault:
Why in the world has JP Morgan accumulated more than 50 million troy ounces of physical silver since early 2012, adding more than 8 million troy ounces during the past couple of weeks alone? Why are they doing this? What do they know that the rest of us do not? Could it possibly be that they are anticipating another great economic crisis? We are definitely due for one! Here’s what I think is going on behind the scenes.