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The leveraged crowd was obliterated. Paper traders briefly seized control, slamming futures while physical demand overwhelmed bullion dealers scrambling for supply.
Morgan, a veteran of multiple cycles, says his subscribers sold into strength at $107 as spot unraveled. But he argues the rout is temporary. With silver now labeled a critical mineral and Washington potentially forced to backstop supply, he draws parallels to 1980's Silver Thursday. The physical market, he insists, will reclaim dominance.
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