Silver prices are down 4% today to the lowest since 2010.
Prices started to break down in September but were given a brief stay of execution during the October turmoil but now silver looks like it could be headed for the 2010 low of $14.64.
Last year both silver and gold took tumbles in November/December.
The backbone of the thesis for buying gold and silver over the past few years was that Fed QE would spark inflation. Now QE is over and there’s no inflation on the horizon.