Silver Is On A Tear Today

Still hanging in there dispute the ongoing problems.

 

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Most of what I have was purchased years ago, so I ahead of the game now.

 

Someone I know when pering in a shiny glass may have hypothetically sold 1/4 of a stack and covered the rest of the 3/4 stack purchase price.
That person gets an Attaboy, but could have hypothetically sold a little later and done Very well.
Hindsight being what it is I'd say they did well.

 

The secrete to success is keep buying..LOL

 

Close your breaking the $60.00 mark for Silver.

 

It just broke $60.00 an ounce. YIPEE!!! Hope it not only stays there but gets higher, much higher.

 

Up today over 2%
If the 10 year interest rate can hold below 4.5, expect $70 silver

 

That’s sounds good to me.

 

Pace is a little slow, but at least its going up

 

It’s up from yesterday.

 

my average for my ASE stack is well under $30 oz ... so this run up for valuation ain't so bad. The New USMINT silver stuff though is killing my pocketbook.

 

Silver is over $62.

 

Still over $62 and up a little in tonight’s trading.

 

Yippee!!

 

And and down, then down and up.

 

going down a bit so far today but still above 60 right now.

years ago I used to drive a silver thread on what was driving price changes. I think ppl got tired of that. being an economist I sometimes strive too much on understanding outside pressures on pricing and determining pricing models in order to understand investing strategies. I still do this alot of stocks and market segments for my investments.

 

Back up to $62.30, up 2% today after a brief drop pre-open
Speculation coming back into the market
US interest rates hold. War risks reduced
Being into year 6 of a supply/demand worldwide deficit still rules
Not getting any easier or cheaper to mine anything, anywhere
One year ago $40-45 silver was just in our dreams. Just saying

 

Silver demand is higher than ever and silver production is lower than it has been. More items manufactured today require silver than a few years ago. The string dollar is holding it back from its potential. Just a matter of time.

 

Price only looks depressed compared to the blow-off towards $115 from $70.

Holding in the $60's isn't that bad.

 

I think applying that to stocks and bonds is one thing where moves are contained except for a few individual stocks or sectors.

But to have an entire commodity like silver quadruple in 12-18 months and attract speculative, hot flow....that's different than stocks or bonds where fundamental analysis can play a role. Not sure how a non-dividend, non-cash flow generating metal is looked at.