Finance professional and market commentator CA Nitin Kaushik has drawn a sharp reminder from one of the most dramatic episodes in commodities trading history — the 2011 silver crash — urging investors to learn from past excesses and exercise discipline when markets turn euphoric.

In a post on X (formerly Twitter), Kaushik recounted how silver’s meteoric rally between 2008 and 2011 — which saw prices soar nearly 400% to touch $47.9 per ounce on April 29, 2011, their highest level since 1980 — ended in one of the fastest collapses in modern trading. Advertisement

“Social media was buzzing with calls of ‘Silver to $100 next.’ Every dip was bought. Warnings were largely ignored,” he wrote, recalling the frenzy that gripped traders and analysts alike.

But within days, the optimism vanished

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