CEO recalls 2011 silver crash, says 'It took 2-3 yrs to recover'
Amid a record rally in silver, Samarth Wealth Management CEO Shivaji Vitthalrao reminded investors of the 2011 crash. He said, "Does anyone remember 2011 fall in #Silver?... I remember many brokers and sub-brokers went bust as clients defaulted on payments [amid] losses...It took them 2–3 years to recover." "People haven't seen how quickly this commodity changes its colour," he added.