In election years, silver often has gains early in the year, followed by substantial crashes as the election unfolds and the year ends. Here's the data:
2008 - Silver rose Up 44% from January 1 to the high point, then crashed, ending the year with a 23% loss (67 point net lower difference going from PLUS 44% to MINUS 23% by the end of the year.
2004 - Silver rose up 43% From January 1 to the high point early in the year, then crashed, losing MOST of the 43% gain and leaving only a 14% gain by the end of the year. (29 point net lower difference between high of the year, to the last day of the year)
2000 - Silver rose up 3% From January 1 to the high point early in the year, then crashed, ending the year with a 15% loss (18 point net lower difference).
1996 Silver rose up 14% early in the year, then ended the year with a 7% loss (21 point net lower difference)
1992 Silver rose up 12% early in the year, then ended the year with a 6% loss (18 point net lower difference)
1988 Silver rose up 19% early in the year, then ended the year with a 10% loss (29 point net lower difference)
1984 Silver rose up 13% early in the year, then ended the year with a 30% loss (43 point net lower difference)
1980 Silver rose up 43% early in the year, then ended the year with a 44% loss (87 point net lower difference
The crashes in election years are substantial. Additionally, EVERY YEAR with substantial gains in January (as we had in 2012) has severe crashes later in the year.
In election years, silver often has gains early in the year, followed by substantial crashes as the election unfolds and the year ends.
2012 election crash is just getting started
Silver is preparing for its 2012 election crash.
2012 elections crash is underway
The real estate bubble crashed, the rhodium bubble crashed, and the silver bubble is already partly crashed with a long way to fall
fact
Fact: It took the US 230 years to go from zero to 800 billion dollars of base money. In the last four years we've tripled that number to a high of 2.8 trillion and it now stands at about 2.6 trillion. Silver is not going to 'crash'. The USD dollar is in a screaming downtrend and silver is not becoming any more plentiful.