Silver Is On A Tear Today

Exactly right. I never went to college or university. I have had one profession my entire life, I maintain lawns & flowerbeds, etc.
Well, I own a 1.4M house, have a 58 vette restomod...
Also a stamp collection valued at 500K
And 1500+ gold, electrum coins/ and 200+ MS Roman Denari/ Antoninoni

And.... I have never worked hard in all my life, I work long hrs at a consistent pace, I never wear a shirt on the job, and always have some ice cold Coronas in my cooler
I make 400K+ a yr. with grade 12, college is not everything.

 

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Lot of millionaires in this forum. didn't realize it.

 

but will return with vengeances

 

It's possible that we have already seen the peak silver price for this cycle, because silver appears to be a leading indicator for incoming inflation (if we go by 1980 and 2011). So once the money-printing is in full-force, the silver price may lag for years until the next major round of chaos emerges. This assumes we don't fall into a hyperinflation dystopia - I highly doubt it - in which case everything goes up. If anyone would like to correct me on this, I'm open to it.

 

Hey, that second-to-last photo (Künker 267/3.452) has my name on it. I can PM you my address so you can send it to me.

 

I have written several reply's and deleted them. I am not envois of those of you that can that's awesome for you. The American dream, We had it a long time ago. With the Blows my wife and I have been dealt to us it would be nice, but eating at least once a day makes us so much happier!

 

AMEN BUCK147

 

Being a millionaire is not such a big deal anymore as there are about 23 million of them in the US today.

 

An overview from AI
8



COMEX silver inventories are under extreme pressure in early 2026, with registered stocks—metal available for delivery—falling below 100 million ounces, creating a potential shortage as open interest remains significantly higher (roughly 366+ million ounces). This tight supply is exacerbated by high demand in Asia and low, declining global inventory.
Key Details on the Silver Shortage

• Declining Inventory: Registered silver stocks (available for immediate delivery) dropped under 100 million ounces, down to 98.1 million as of February 11, 2026, signaling significant stress in the market.
• High Demand/Low Supply: A structural deficit persists, with 2024 demand outpacing supply by 176 million ounces, continuing a multi-year trend of supply deficits.
• Market Stress Indicators: Shanghai silver prices are trading at a high premium (approx. $10 per ounce) over Western spot prices, indicating a physical shortage in Asia, with high demand impacting London and New York vaults.
• Delivery Dynamics: While registered inventory only covers a fraction of total open interest, a full default is rare, as most futures positions are closed or rolled over to later dates.

Consequences

• Higher Premiums: Elevated premiums for physical silver reflect limited supply, high fabrication costs, and, in some cases, dealer risk.
• Price Potential: If a "failure to deliver" occurs, it could cause rapid, sharp increases in the spot price, with some analysts suggesting potential for rapid moves over $100.
• Market Shift: The physical market is increasingly taking control over the paper-driven, futures-traded price.

 

How about this new Micron plant that is opening in our area. I wonder what the chips they produce will need?

 

3 miles away from my long time home
My little ranch on 1.5a more than tripled in value
Massive new construction is paying all the taxes.
Yes it’s heavily used in data center equipment including the memory chip stacks. The high bandwidth memory chips made by Micron are next level tech

 

You can’t think like it’s the 1980’s or 2011 with silver. The circumstances are completely different. Yes it flew up in price, reached a peak and dropped faster than it went up. Be patient, give it time to cycle and by the end of the year it will be a lot different than it currently is. What took place in the 1980’s and 2011 no longer affect the market.

 

And on the gold front, Newmont Gold expects 10% less production this year. Of course silver is also produced at many gold mines.And copper mines.

 

Yes but in the U.S. there are no silver mines. Any silver that is mined is a byproduct. Sad but true.

 

If the confrontation in the Persian Gulf doesn’t go full war expect a brief pullback in metals. That’s another chance to buy precious metals. Then another double opportunity in silver

 

Oh yeah!

 

I am 100 percent sure, its going full bore. The ONLY solution to end the suffering of the poor Iranian people is to eliminate Khameini and his cabale, have Regime change. Be nice to see the Shah back to rule Iran.

 

That's a big if. Heard if there's no deal "bad things will happen" there soon. Might get interesting this weekend.

 

I believe I heard the polish ambassador said all get out now don't Pass Go don't collect $200. Leave quick