Silver Is On A Tear Today

I will make small bets against that by selling some of my silver if buy prices catch up to spot prices at current levels (instead of the 10% or higher discount I'm seeing). But I certainly won't go all in against it.

I'm not buying at current levels. Yes, I may regret it.

 

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I am buying just small amount of ounces here and there.
Of course, my $$ spent for those small amount of ounces is what I was getting when I was buying 7oz or more in the past.

I really like those 5oz silver mint issues that I used to buy but they are getting pricey compared to past years spot prices.

 

https://www.pmbug.com/threads/silver-demand-drivers-and-vault-totals.6364/post-150840

 

More:
https://www.benzinga.com/markets/co...tting-the-calendar-for-silver-squeeze-in-2026

 

Silver was up again today. Over a dollar too.

 

After it clears 59 and holds, it should run to the next price target 75 rather quickly (3 months)
All Hell breaks loose at 75

 

Almost at $60.00.

 

$60 silver is in the rear view mirror

 

Gotta think a lot of people have $60.00 as a magic number for various trades.

 

Let them Pigeons Loose

 

I'm not buying or selling at these prices.

Might regret not buying, but that's the silver game for ya!

 

Not all of them for selling, apparently.

 

$60.24 a moment ago!!

 

I'm actually buying today (try at least) because I plan on going to a shop and sell a bunch (~18lbs) of common base metal world coins and turn that into as many ASEs or Leafs as I can at the same store.

 

From my April 2024 post
Now I’m just talking to myself, as usual. Over the last couple months I’ve been telling y’all that PMs were spring loaded. For those who don’t have me on ignore, enjoy the view from up here. On about 5 different threads, only about 2 ‘likes’. For those holding physical, enjoy x10. Silver $29.25. Gold $2410. Later gators

I’ll be in a higher tax bracket if I don’t sell some losing stocks before Christmas. Don’t have many that I want to sell. High quality problem

 

Only generated $64 for 16lbs ($4/lbs), but was able to turn that immediately into a 2016 Aussie silver Kangaroo.

Nice.

 

Sure to be easier to store!

 

Yep. And the 16lbs was the unwanted remainders after sorting through 18lbs of common world coins and pulling ~2lbs of all nickel coins and other various keepers.

 

Take your heart meds and expect frequent Whipsaws from here on out.

 

Closed at 61.22 today.