Silver Is On A Tear Today

Now it’s $65.17.

 

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Today gold fell about 1.8% to the $4260 range. Silver dropped another 4% so it’s at the lowest it’s been since December 2025. Anyone looking to buy in this dip? A dip that’s being driven by speculation of interest rate increases due to inflation fears and a stronger U.S. Dollar.

 

Yes

 

I think it's got farther to fall. I'm watching with interest to see where it lands two weekends from now, when the big Raleigh show is going on. Depending on how things move, I might even be a buyer there - although that's extremely unlikely, unless someone's selling well below spot. So, yeah, unlikely.

 

Sure wish I could get to that show.

 

I have recommended to a few people I advise that they should buy some gold here.

They were on my butt every other day from December through January when gold was spiking.

Now...it's on sale and they're dilly-dallying.

As for myself....if I find the specific coin I wanted to buy at FUN 2026 and am unlikely to find at future FUNs.....if it comes up on auction.....I would probably buy here if I have enough $$$ at this point in the year. I usually have the cash later in the year as we approach January but I'll see if I can be flexible.

 

I just purchased an expensive coin and whatever the silver price is doesn’t change the price of this coin. I got it at a $1,000 discount as the dealer got it cheap enough to sell it fast. He’s been looking for one for a while for me. I can’t buy in this dip because of the money I’ve spend on this one coin.

 

Pics and pedigree or it didn't happen.

 

Yes, looking to buy a numismatic gold piece the premium will expand to offset any decline in gold (or silver) price. So if you are bearish on gold/silver it pays a bit LESS to wait since if you are looking at a numismatic the premium will offset any drop in the metal price (more so for gold than silver).