Silver Is On A Tear Today

You're not hoping/expecting a move like in 1979-80 when silver tripled in 7 or 8 weeks, are you ?

 

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They already do that for gold and I don't think it made an impact there.

Now...India's consumption of gold has doubled every 12-15 years since 1947 (independence/partition); I'm not sure about silver.

But again, while this move doesn't HURT and might even help a BIT...I don't see it as materially impacting demand or price.

 

Totally agree, but that's why my lead in statement was....

 

I am a stacker of U.S. Coinage only, two cigar boxes full of commemoratives, and silver bars several dimes and quarters, half dollar books full, and a few 5 ouncers collectors pucks. Most collected in 2015 to 2021 when silver was stuck in the 17-to-19-dollar range or there abouts. quit cost averaging when silver hit 44.00. I have slowed my purchasing down some.

 

Not at all.

 

Here,
Another Cup and Handle.
To Quote Mel Fisher... Today is the day