September 23, 2011:
"This has been an historically awful day for precious metals.
Here’s just how grim the selloff in silver was today:
The $6.49, 18% decline to $30.05 an ounce (that’s the September contract) was the worst dollar loss
since January 22, 1980 and the worst percentage loss since April 27, 1987.
It was the second-biggest dollar loss in history and the fifth-largest percentage loss in history.
Silver has tumbled 26% this week."
Will 2011 Silver history rhyme/repeat with the SPY Deja Vu Cycle continuing through the phases?
Wait and see in coming weeks/months....
Anatomy of the September 2011 Silver Crash:
A closer look at SPY:
A closer look at Silver: