Since
the high in 2011, silver has gone through a major correction. Silver
is roughly 60% off the 2011 high. This may sound extreme but for silver
this decline is just a normal move in its bull market. The first big
decline was from $8.40 to $5.40 back in 2004 -- that represented a 35%
plunge. The next major pullback took place in 2008, when silver
collapsed from $21 to $8.40 -- this, like the recent decline,
represented a 60% plunge in price...
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