>>23921501In past precious metals bull markets, physical silver and gold traded actively at elevated prices, with dealers and markets readily absorbing supply as bullish sentiment built and generalist investors piled in—much like the 1970s run (post-Bretton Woods, peaking ~1980) amid rampant inflation, oil shocks, and fiat uncertainty, where gold surged ~2,300% from $35 to $850 and silver ~3,600% to $50 (Hunt brothers spike), featuring extreme volatility and speculative mania.
Low-volume juniors and mining stocks became markedly more liquid during those spikes, as sector heat drove surging volume and fresh buyers that rewarded disciplined, properly sized positions—allowing profitable exits into strength despite 20-50% cyclical pullbacks—similar to the more sustained 2000s bull (2001–2011, accelerating post-2008 GFC) fueled by emerging-market demand, QE, and crisis flight-to-safety (gold ~630% from ~$250 to $1,900+, silver ~1,100% to ~$49), where the 2008 phase saw sharp safe-haven buying amid deleveraging panic before the 2011 peak.
Today's run (2020s onward, with gold around $4,800–$5,000 and silver nearing $95–$103) mirrors 1970s drivers—persistent inflation, debt crises, geopolitical tensions, and central bank buying—but adds stronger industrial silver demand (AI/EV/solar) and less extreme speculation so far; gains remain solid (~245%+ for gold from 2018 lows, far more for silver recently) yet historically "young," suggesting more room if sentiment fully ignites, while illiquidity remains merely the cost of poor sizing and timing, not an absolute barrier in a true bull run.
>>23921483Of course i do. My english is awful. Do you want to solve?