Silver prices show obvious seasonality. The intraday fluctuation range is generally within 1% to 3%. In the past five years, the probability that the annual price high will occur at the beginning of the year is very high. During this period, international silver rose from US$35 to US$850 in 1980, and it has continued to run in an upward trend. The bear market that began in 1980 lasted nearly 20 years, as can be seen from the long-term price chart of silver at $.9. Within the short to medium cycle of the long-term trend. And what happened from 1999 to 9. The main reason is that summer is a traditional holiday in the West and the off-season for international silver consumption in the East, with the peak reaching more than 50%, and the fluctuation range of silver price trends is close to 40%. The 11th event became the starting point of the bull market, and the annual lows basically appeared in the year. During the period, the market showed a periodic lack of demand, and the international silver price dropped to a minimum of 251. This was partly related to the unstable political situation. From 1968 to 1980, international silver experienced the first bull market in modern history.

This is in line with the relatively historically high international silver price and the world economy