When do you think SILVER will go above $50 per once ?

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Wasn't sure. Double ententre. Not sure, but is the US a big producer of lamb? It's more popular across the ponds. I can't stand eating it unless it's rack of lamb.

 

Protein is protein

 

I get it, but I ain't eating zee bugs either.

 

Power on the sunny days, and wool for the cold, dark, rainy ones!

 

None above would be my answer! Although I think silver will go over $50 it may take until the 4th quarter of 2026, maybe even longer, just sayin'!

 

It closed over $44.00 today.

 

CURRENTLY $44.25 COB TODAY 24SEP25

 

I thought I typed $44 but after seeing your post I had to correct myself. Thank you.

 

You are welcome.

At this point I believe @pmbug has the best “feel” for where silver may go…he posted earlier he thought before end of Sept.

I thought it would track gold and take until New Year’s Day!!!

 

The paper markets (London OTC/spot + COMEX/futures) have been feasting upon the LBMA vault stock for years. That (free float) vault stock is largely gone now and it is an open question as to how much liquid free float is left there.

Based upon what I'm seeing with global vault flows and especially anomalies in SLV vault management and lease/borrow rates/availability, I think the LBMA is already running dry. Analysts like Daniel Ghali of TD Securities are now publicly talking about the LBMA free float just being 4 months run rate or so (I think they are being optimistic).

Physical demand is *finally* starting to assert itself on the paper markets. $.02 FWIW.

 

Tuesday next week is the last of September. I'm not sure if silver gets to $50 by then, but I'm very confident we get there before the end of October.

 

46.51 today.

 

It sure took a nice jump yesterday.

 

There's an enormous resistance at $50 due to all the silver stackers from 2011 who until recently were still underwater. Most of these people are no longer in a position to let it ride after having already waited 14 years just to break even. They'll be getting out even if it's in inflation depreciated dollars. I envision at least 6 more months of approaching $50 without actually breaching it. Also, the great migration from cryptocurrency isn't likely to ever happen. When Bitcoin and the rest of the snake oil cybercurrencies go bust, they'll hit zero so fast that no one will have a chance to get out. All the money that went into crypto will go "poof!" and be instantaneously vaporized without any alternate market segment benefitting from it.

 

Soon, very soon if they keep going up like they have been.

 

Hard to believe how many people have fallen for it.

 

I'm not sure I think of it as people "falling for it", so much as people assuming they won't be the ones left holding the bag. People got rich on tulip bulbs, too.

 

The worldwide silver deficit continues. Filling the supply/demand with old coins and silver sets only extends la-la land so long. I’ll see $100 in my lifetime and I’m 76. Mark my words fellow members.

 

FYI - October 1-8 is Golden Week holiday in China. The Shanghai Gold Exchange, Futures Exchange, etc. will be closed all week. Historically, gold (and presumably silver) have dipped during the week and then revert by holiday end. Could be a buying opportunity next weekend.