Silver Is On A Tear Today

Don't want any Felix Ungers (FU)......(devil)

 

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It’s cents away from breaking $72 an ounce.

 

It’s now $72

 

$72.66 according to Yahoo Finance.

 

That's interesting.
I talked with an Edward Jones guy about 9 months ago when a friend was transferring some stocks.
I asked what he thought about G&S as a diversification for some of the stocks...he said he could do better.
I haven't seen him since to ask his current view

 

@9:45PM 12/23/25

 

P-38 is a wonderful plane but feel more inclined to the Hawker Tempest methinks.I have got way to many built and many many more to go.

 

Thing is, I've been hearing that practically nonstop since I first joined here -- in 2010.

 

Well, I guess there's no law forcing them to buy. If they want to avoid over-extending themselves, setting low buy prices is one way to throttle the traffic. And when people do want to sell for 25% back of spot, well, that's an opportunity for the shop to keep the cash flowing.

Yeah, I'd rather people sell direct to me at 10% back of spot than to a shop at 25% back of spot - but I don't want that enough to open my own shop, and deal with the expenses and risks that entails.

 

I hear ya about having a shop of your own. I sell my coins in my antique shop. It sure works for me and I’m doing great with the coins especially at this time. Silver is going up so fast and supplies are short. I can barely keep the coins in stock.