Silver Is On A Tear Today

It’s over $56.00 an ounce. Well up over $2.00 so far today. However, I have no intention of selling any of my silver holdings as I believe it will continue to rise well into next year.

 

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I would agree. If it follows tradition, around March/April it should shoot higher. I'm thinking it'll eventually level somewhere around $65 for a few years after that based on the ten year chart. As for myself, I began buying physical rounds/bars back in the mid-2000's when it was in the 8-10 dollar range, a potion of which I sold last month. When it hits sixty I'll sell some more. The proceeds going into my mutual accounts and some stocks. This strategy should provide me with even an greater return in four years when I retire.

 

Prices got out of control and they shut futures trading down and blamed it on a server overheating. Never seen BS like this. The system is breaking.

 

News link

https://www.cnbc.com/amp/2025/11/28...-futures-trading-after-data-center-issue.html

 

I call and raise a buck
I have a few pieces that I would consider selling in this run-up.

 

Just made a long drive across state and logged into the finance page. Whoa! Up over 6% today alone!

 

Today is good, but the future it will continue to go up. Depending upon how long you’ve had, those pieces will determine what your best course of action is. For me, I’ll just keep holding.

 

I might sell a few, but I'm not taking less than melt. There are too many people trying to get their foot in the silver market to give it away.

 

And I’m not complaining at all. Lol

 

DCA is about $17
I'm getting Itchy to play with some Pfts someplace else.

 

If you do, have fun.

 

And they're off...
Smeagol in the lead on the inside rail...

 

Release the Kraken !

 

Phil My Kraken

 

I am reading $60-$600 within the next year, but gambling on that might NOT be such a good idea. It appears the CMX and bullion banks have been outflanked by members of the BRICS. Couldn’t happen to a more deserving bunch.

 

Is BRICS stock piling silver? They've been having their kill the dollar wet dream for years just as the EU did with the Euro. I was expecting the dollar to die when the debt hit one trillion in 1981. I thought it would die after the 1987 stock market crash. I even thought the BRICS might pull it off. Nope, Try again stooges.

The USD is like the Great Depression's perpetual drunk Micheal Mallory. Some people took out life insurance on him and then tried to kill him. And tried and tried and tried. They finally did get him but they had a time of it. Even a rotten sardine sandwich laced with metal shavings had no effect.

https://historycollection.com/the-m...ra-crime-that-shaped-how-our-insurance-works/

 

Edit

 

I have read that non-Western central banks are buying silver AND gold, since confidence in the dollar is faltering due to our government’s out-of-control spending. Sometimes I wonder if certain politicians are trying to bring our country to its knees.

 

crazy silver,
I'm not complaining,
'cept I shoulda' bought more of it in years past.

 

I have a lot of it but I should have bought more.