Silver Is On A Tear Today

Hold and next year you’ll be glad you did.

 

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If gold goes to 55k an ounce, I'm just gonna have to live with that.

 

And buy a metal detector My Struggle
Currently at $150 a gram, it shouldn't take all that long to pay for a minelab gpx 6000.

 

Thankyou

 

"But this time it's different."

 

Minelab is good but a dowsing rod is free.

 

I'm familiar with the dowsing rod.
I think the better sets are just under $100.
I can honestly say that I have Not mastered that skill set or art form successfully.
Also referred to as divining or witching...a little help from an entity may hold the key.

 

Silver dollars currently have a silver melt value over $55. Dealers are taking the risk that silver can also go down in value in addition to making a small profit for their time and effort. So, it doesn’t surprise me if they try to pay 15-20% less than the melt value. Also keep in mind that 90% silver halves, quarters and dimes weight a little less proportionately than silver dollars. So, they currently have a melt value of 52x face value vs 55x for the old dollars. this was a couple of days ago.

 

I noticed that this week. Dollar for dollar, smaller denominations don't add up to the same weight as silver dollars, dollar for dollar. Goes to show you there was inflation even 60 years ago, like the ever shrinking candy bars.

 

These are just so pretty ....
who could sell 'em once you bought 'em ??

 

Well, I finally took most of my Silver to the Bank Friday and rented two lock boxes instead of relying on my two safes. The only ones they had left were just big enough for 5 cigar boxes and a few rolls would fit into. I wanted a big one, but they were taken. The price per lock box each was 30.00 for 12 months. I just can't take it out and look at it now...like I do at Home... sometimes.... okay all the time!! HOPEFULLY a big one will become available in January then get the rest of coins in there for PEACE OF MIND when traveling..

 

I don’t think silver will take a big dip. Maybe smaller ones but the overall looks is nothing but upwards at this time. The forces that are driving the market are very strong and a 5 year lull in mining combined with technical advances are the main drivers of today’s price. Nothing is happening that will change this. Enough people will panic or take advantage of the higher price and that will cause a temporary drop but those forces will continue the upward spiral.

 

Fifty Five Thousand and ounce? Not in my lifetime.

 

Don't shoot the messenger, I was quoting Panzerman.