This was big manipulation to cover short options and settle contracts for cash instead of physical delivery. They can’t hold the price down for long and they know it. The price of physical metal is already detaching from the contract price.
Anecdotally, there were people coming out of the woodwork today to sell the pocketfuls of silver they had at local dealers. The smart metals investors bought more if they could. Most of the online precious metals stores disabled purchases today because they know they will have a much better price by Monday.
Silver will reach higher prices before the market crash and it will recover and go much higher after that.
Thanks, Asian Guy