Silver prices plummeted 14.16% today, marking the second-largest daily drop in history, following a warning from renowned trader Peter Brandt. Brandt, who accurately predicted the 2018 Bitcoin crash, highlighted the risks associated with the recent surge in silver prices. He noted that this week's Comex trading volume reached 4.3 billion ounces, equivalent to 5.2 years of global silver production, suggesting that the activity may be driven by miners hedging rather than genuine demand. Brandt cautioned that mining companies might lock in profits at current high prices, potentially leading to a supply surplus. This significant decline in silver prices is reminiscent of the "Silver Thursday" crash in 1980, when prices fell dramatically due to market manipulation by the Hunt brothers.