1) The global economy is tanking and will crash really hard, into the biggest crash in the past 250 years, which means this will be bigger than 1929. Silver specifically will crash real hard because i) it is used as industrial metal much more than gold, and once industrials turn down even harder, demand for silver will collapse. ii) silver prices have also been largely driven up by speculators , and many of them will run to the exit once the economy gets worse.
It has been true until now that when there has been a downturn investors have cashed out into dollars. But at some point it might not be the case and investors could start cashing out into precious metals. Im always checking the price of gold and silver when the stock markets crash. If they keep going in opposite directions it means the dollar is fucked. I dont think it will happen now, but its very possible at some point during this crisis.