Silver Prices Collapsed Overnight... The Real Reason for the 30% Plunge: 'Is This the Bottom? Will It Fall Further?' (Silver Investing) Stackers CEO Cho Gyu-won

Summary

Cho Gyu-won, CEO of Stackers, explains why silver prices surged and then crashed by about 30%, framing the drop as a paper-market shock within a long-term bull cycle. He argues silver has a structural supply deficit, record-low exchange inventories, and growing industrial demand from AI/data centers, EVs, and solar. He also sees gold in a monetary revaluation cycle toward $20,000-$21,000 and silver as deeply undervalued versus gold on the gold-silver ratio. His practical advice is to buy gold and silver on drawdowns and accumulate regularly for the long term.

• Silver rallied roughly 150% in the prior year and later fell about 30% in a sharp correction.
• Cho attributes silver volatility to a tight physical market, inelastic supply, and paper trading many times larger than physical.
• Silver mine supply is mostly a byproduct of gold, copper, and zinc mines, with new supply unlikely before around 2030.
• Industrial demand from AI capex, data centers, EVs, solar, memory, and GPUs is pushing silver demand to records.
• Exchange inventories in Shanghai and COMEX have fallen sharply, and physical silver premiums remain elevated.
• The gold-silver ratio near 60:1 is far above historical 12:1-15:1 levels, which Cho views as silver undervaluation.
• Cho expects gold above $20,000 and silver potentially at $1,200-$1,500 if the ratio normalizes.
• He recommends long-term regular accumulation of gold and silver rather than trying to time the exact bottom.