Silver's Wild Ride: What's Next After $80 Surge & Crash?

• Silver experienced extreme volatility, surging past $84 then crashing to $70, yet remains up 140% this year.
• Surging Chinese investor interest, high premiums on Shanghai Gold Exchange, and a fund turning away customers fueled the rally.
• Massive inflows into physical-backed silver ETFs are eroding available supplies, contributing to market tightness.
• Technical indicators signal "overbought" conditions, and CME Group is raising margins for Comex silver futures.
• High speculative fervor, evidenced by record call option buying, and elevated London borrowing costs add to volatility.

Why It Matters: Silver's volatile rally, driven by global factors, faces technical warnings and increased trading costs.