Remember last month when many members of the community and I, as well as professional analysts, were celebrating Silver's record high? Well, it turns out that was a falsehood. I'll clarify why in this video as we examine based off of some investigation that uncovered some fresh information. Actually, information that was long lost and disregarded has come to attention. We're discovering that we did not attain a record peak in silverback in October. But what is the new record peak? Well, it appears we're


matched with it. According to work done by Dimitry Spec, it appears that the silver in 1980 soared far beyond $50 an ounce. That's correct. It's insane. Most recently, in October 2025, the silver value climbed above $50 a troy ounce. Silver had already touched this level in 1980 and then again in 2011. But in truth, that wasn't fully accurate either, at least for 2011. But we'll address that in a moment. Now, on both occasions, this was followed by a lengthy drop in value. Some holders are


therefore questioning whether such a drop is looming again. We'll address that in a moment. But uh when was the what was the peak rate of silver back in 1980? This is where this study becomes quite fascinating. Well, we have to review the values on the futures market in the United States and the market for silver to be transported shortly. When we encountered the first obstacle on January the 18th, 1980, the near contract in the comics futures market hit a top of $5060 per troy ounce. So, it did rise above


that on the competing CBO exchange. The peak is claimed to have been $52.50. That's correct. $52.50 50 cents per troy ounce the following Monday, January 22nd, 1980. This was stated to be at the period of the New York Times newspaper and have been referenced in a story by the Financial Services Bloomberg. However, this exchange no longer operates. The values are not obtainable from usual information providers. He couldn't locate a chart on the internet, so he recalled a provider that was long


since ended. He searched his archives and located what he required. We can now view the value movement on the CBOT futures market with daily values in the genuine peak of 1980. That's correct. So we did rise above $52 in October, but silver at its 1980 top and US Troy ounce CBO to hit January contract from 1979 to January 28th, 1980. And uh so there was a dramatic and unmatched surge, but the subsequent fall was also swift. So the spot market top in 1980 was even steeper. We did have backwardation back


then as well. It appears it was $54.50 per troy ounce matching what we observed back in October. That's correct. So we didn't surpass a milestone. We simply match for the greatest value. But what was the spot value peak in London for silver obtainable for direct transfer? It was also not simple to determine. He's got intraday values for precious metals up to 1983 and 1986 and even these were extremely challenging to acquire. The responsible trading institution, the London Bullion Market


Association, also does not have the intraday or highest values from 1980. Perhaps the values are still obtainable in the archives of trading firms. But who would search for them? through John Ballinger, the inventor of Ballinger bands, the lines that gracefully move around the value in graphs. He came into connection with Eddie Tuffpick. In the 1980s, he worked for one of the leading precious metal brokers in London at the period, which was Mata and Goldsmith. He recalls a dialogue with one of the


silver traders, now departed, Mike Jennings. According to him, the greatest value in 1980 was $54.50 50 cents per troy ounce. The quantity of the deal was 200,000 ounces. The value is higher than earlier known to the public. That equals the milestone high that we noticed back here in October. It was a very frantic, highly unstable market at the period which enabled this value surge. The frantic action was caused by the brothers Nelson Bunker Hunt and William Herbert Hunt. Together with Arab Allies,


they had acquired several hundred million ounces of silver. This lifted the value. Other traders rapidly followed suit with their acquisitions, but they hadn't predicted the US officials. The officials increased the margin of the futures market to 50%. Values then crashed. The short but very severe bull market ended. So there were extraordinary factors both during the rise and the fall. In the broadest meaning, these were situations of value control. The Hunt brothers silver speculation became legendary and is


likely never to be reproduced by so few individuals. But nonetheless, that's what occurred there. Now in 2011, we have advanced computerization. The information accessible is significantly superior than for 1980. On April 28th, 2011, the intraday peak of $4947 per troy ounce was paid on the spot market. At four months, the climb to this peak took significantly longer than in 1980 for the value to duplicate. But what followed the peak was especially remarkable. Yes, indeed. Then we observe the spot value from Wednesday, April


27th to Sunday, May 1st, 2011. around the peak at that period the values during the day are based off the New York Time. Friday is therefore condensed and so that is what we witnessed there. We witnessed it swiftly plummet not long after that. It's insane but nonetheless that was quite noteworthy. So you examine those figures we anomaly now of course adjusted for inflation were very far from an all-time peak. I didn't compute the math on that but it's pretty captivating to witness what transpired


there. Now I'm going to reveal a truly remarkable piece of silver which I think you'll discover quite intriguing. This is an astonishing thing. This packaging is absolutely unbelievable. I adore this box here. Really just distinctive. This is Guan used green dragon crescent blade. Absolutely extraordinary. I admire the packaging on this. It's got a certificate of genuiness card. You can notice it is a restricted edition of 500 for this blade. Just absolutely exceptional and breathtaking. Look at


this card with impressive illustration there. They perform such a superb task with all of the materials. Premium craftsmanship restricted mintage there as well with this thing restricted to just 500. So here it is itself. It's issued by Samoa in 2025. This lawful tender collectible. If I can pull it out of the It's really in there. Well, here. Let's attempt if we can remove it. There you go. This 2 oz pure silver item is a homage to that storyried weapon shaped to the outline of the green dragon's


crescent blade. It showcases an aged finish with selective gold plating applied to the blade's mount handle and but spike as you can notice there. Very, very awesome and detailed engraving captures essential symbolic traits. A coiled dragon carved on both sides of the blade. swirling mist patterns around the guard as you can witness there. Just astonishing. I adore the way they apply gilding on this on both surfaces. And yes, it is definitely a coin. It displays essential symbolic traits and a


textured handle wrapped in high relief dragon scales that you can notice there is just absolutely jaw-dropping. The fact that they have a capsule that form fits it, a direct fit capsule for this unusual shape is quite remarkable as well. I think I'm nearly as amazed with the capsule as I am with the actual item itself. It is a lawful tender collectible coin strictly capped to 500 items globally where you can truly sense the heft of it in your grass for the 2 oz. Just absolutely phenomenal. Now,


what silver has accomplished climbing up to that peak of $54.50 is quite impressive. And I believe we're going to probably witness silver values, maybe even rise back up there again. I don't know if it's going to occur this year or not, but I think that this period there's a lot still occurring in the silver market that is countering. I think we observe a chain of backwardation, but it appears backwardation, what we observe back in 1980 as well is what we're realizing here. So this is quite captivating.


We'll observe what occurs, but it's intriguing to discover that what we assumed was the greatest in silver's value is not just because of scarce information that was out there back in 1980. That was deeply examined by the author here, Dimmitry Spec. Remember last month when many members of the community and I, as well as professional analysts, were celebrating Silver's record high? Well, it turns out that was a falsehood. I'll clarify why in this video as we examine based off of some


investigation that uncovered some fresh information. Actually, information that was long lost and disregarded has come to attention. We're discovering that we did not attain a record peak in silverback in October. But what is the new record peak? Well, it appears we're matched with it. According to work done by Dimitry Spec, it appears that the silver in 1980 soared far beyond $50 an ounce. That's correct. It's insane. Most recently, in October 2025, the silver value climbed above $50 a troy ounce.


Silver had already touched this level in 1980 and then again in 2011. But in truth, that wasn't fully accurate either, at least for 2011. But we'll address that in a moment. Now, on both occasions, this was followed by a lengthy drop in value. Some holders are therefore questioning whether such a drop is looming again. We'll address that in a moment. But uh when was the what was the peak rate of silver back in 1980? This is where this study becomes quite fascinating. Well, we have to


review the values in the futures market in the United States and the market for silver to be transported shortly. When we encountered the first obstacle on January the 18th, 1980, the near contract in the comics futures market hit a top of $5060 per troy ounce. So, it did rise above that on the competing CBO exchange. The peak is claimed to have been $52.50. That's correct. $52.50 per Troy ounce the following Monday, January 22nd, 1980. This was stated to be at the period of the New York Times


newspaper and have been referenced in a story by the financial services Bloomberg. However, this exchange no longer operates. The values are not obtainable from usual information providers. He couldn't locate a chart on the internet. So, he recalled a provider that was long since ended. He searched his archives and located what he required. We can now view the value movement on the CBOT futures market with daily values in the genuine peak of 1980. That's correct. So we did rise above $52 in October, but silver at its


1980 top and US Troy ounce CBBOT January contract from 1979 to January 28th, 1980. And uh so there was a dramatic and unmatched surge, but the subsequent fall was also swift. So the spot market top in 1980 was even steeper. We did have backwardation back then as well. It appears it was $54.50 per troy ounce matching what we observed back in October. That's correct. So we didn't surpass a milestone. We simply match for the greatest value. But what was the spot value peak in London for silver obtainable for direct transfer?


It was also not simple to determine. He's got intraday values for precious metals up to 1983 and 1986 and even these were extremely challenging to acquire. The responsible trading institution the London Bullion Market Association also does not have the intraday or highest values from 1980. Perhaps the values are still obtainable in the archives of trading firms. But who would search for them? through John Ballinger, the inventor of Ballinger bands, the lines that gracefully move around the value in graphs. He came into


connection with Eddie Tuffpick. In the 1980s, he worked for one of the leading precious metal brokers in London at the period, which was Mata and Goldsmith. He recalls a dialogue with one of the silver traders, now departed, Mike Jennings. According to him, the greatest value in 1980 was $5450 per troy ounce. The quantity of the deal was 200,000 ounces. The value is higher than earlier known to the public. That equals the milestone high that we noticed back here in October. It was a very frantic, highly unstable market at


the period which enabled this value surge. The frantic action was caused by the brothers Nelson Bunker Hunt and William Herbert Hunt. Together with Arab Allies, they had acquired several hundred million ounces of silver. This lifted the value. Other traders rapidly followed suit with their acquisitions, but they hadn't predicted the US officials. The officials increased the margin of the futures market to 50%. Values then crashed. The short but very severe bull market ended. So there were extraordinary factors both during the


rise and the fall. In the broadest meaning, these were situations of value control. The Hunt brothers silver speculation became legendary and is likely never to be reproduced by so few individuals. But nonetheless, that's what occurred there. Now in 2011, we have advanced computerization. The information accessible is significantly superior than for 1980. On April 28th, 2011, the intraday peak of $4947 per troy ounce was paid on the spot market. At four months, the climb to this peak took significantly longer than


in 1980 for the value to duplicate. But what followed the peak was especially remarkable. Yes, indeed. Then we observed the spot value from Wednesday, April 27th to Sunday, May 1st, 2011. Around a peak at that period, the values during the day are based off the New York Time. Friday is therefore condensed. And so that is what we witnessed there. We witnessed it swiftly plummet not long after that. It's insane, but nonetheless, that was quite noteworthy. So you examine those figures, we anomaly now, of course,


adjusted for inflation. We're very far from an all-time peak. I didn't compute the math on that, but it's pretty captivating to witness what transpired there. Now, I'm going to reveal a truly remarkable piece of silver, which I think you'll discover quite intriguing. This is an astonishing thing. This packaging is absolutely unbelievable. I adore this box here. Really just distinctive. This is Guanu's green dragon crescent blade. Absolutely extraordinary. I admire the packaging on


this. It's got a certificate of genuiness card. You can notice it is a restricted edition of 500 for this blade. Just absolutely exceptional and breathtaking. Look at this card with impressive illustration there. They perform such a superb task with all the materials, premium craftsmanship, restricted mintage there as well with this thing restricted to just 500. So here it is itself. It's issued by Samoa in 2025. This lawful tender collectible. If I can pull it out of the It's really


in there. Well, here. Let's attempt if we can remove it. There you go. This 2 oz pure silver item is a homage to that storied weapon shaped to the outline of the green dragon's crescent blade. It showcases an aged finish with selective gold plating applied to the blades mount handle and but spike as you can notice there. Very, very awesome and detailed engraving captures essential symbolic traits. A coiled dragon carved on both sides of the blade. swirling mist patterns around the guard as you can


witness there. Just astonishing. I adore the way they apply gilding on this on both surfaces. And yes, it is definitely a coin. It displays essential symbolic traits and the textured handle wrapped in high relief dragon scales that you can notice there is just absolutely jaw-dropping. The fact that they have a capsule that form fits it, a direct fit capsule for this unusual shape is quite remarkable as well. I think I'm nearly as amazed with the capsule as I am with the actual item itself. Is a lawful


tender collectible coin strictly capped to 500 items globally where you can truly sense the heft of it in your grass for the 2 ounces just absolutely phenomenal. Now, what silver has accomplished, climbing up to that peak of $54.50 is quite impressive, and I believe we're going to probably witness silver values, maybe even rise back up there again. I don't know if it's going to occur this year or not, but I think that this period there's a lot still occurring in the silver market that is countering. I


think we observe a chain of backwardation, but it appears backwardation, what we observed back in 1980 as well is what we're realizing here. So this is quite captivating. We'll observe what occurs, but it's intriguing to discover that what we assumed was the greatest in silver's value is not just because of scarce information that was out there back in 1980. That was deeply examined by the author here, Dimitry Spec. So tell me what your opinions are. One extraordinary thing. I hope you


discovered this video enlightening, insightful, and instructional. I would like to extend a multitude of appreciation to each and every one of you for taking the period to view this video and to motivate you to please rate, share, comment and subscribe. Don't forget to like our video and subscribe for our channel. >> [music]