Silver Price Plunge: Is Another Drop to $54.5 Imminent? Report Warns of 1980-Like Crash

• Silver prices experienced a sharp decline in early February 2026 after record gains in January, falling over 40% to $70 per ounce.
• Kedia Advisory's report attributes the fall to high leverage, interest rate changes, and position unwinding, not a supply crisis.
• The initial rally was driven by robust industrial demand (solar, electrification) and safe-haven demand due to geopolitical tensions.
• Excessive speculation, increased ETF inflows, and surging retail participation made silver a "crowded trade" before the crash.
• A sudden shift in US monetary policy expectations, rising real yields, and increased margin requirements triggered a "de-leveraging cascade."