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1/4 Here is a six-month bar chart of silver prices. It is no surprise that such a bar chart often signals "problems." https://t.co/PlFJ4iD2k1 2/4 Silver prices (above) have only given back the last two weeks or so. How can a mid-January level produce a stressful situation? Here is the entire history of the value traded (volume x price) for the ~$60B iShares Silver ETF ( $SLV), a proxy for the entire silver market. https://t.co/1sd9LnJLK9 3/4 Here is the last 6 months of the chart above, aligned with the post #1 chart. The last 10 days or so, the value traded was over $200B. Friday's close is well below these levels. For comparison, in early November, the 10-day value traded was less than $10B. 20x increase https://t.co/gWIyDaWA0E 4/4 Such a violent reversal, even if it is only at a two- or three-week low, can be a problem given the massive amount of volume that has traded well above current levels.