Silver Is On A Tear Today

I HOPE IT CONTINUES ON CURRENT PATH, it was down for years and years I don't want to go back to that again you should have bought back then.

 

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I should have sent more money to myself back then.

 

I've been buying since it was 12 bucks.
I have a large collection of 1 oz silver rounds. Now instead of going to a coin show and buying two or three to add to said collection it costs the same for one.
From a collector's standpoint silver is too high. I could make a very large profit if I sold my collection today, but that's not why I collect.

 

I also have a fairly large collection of rounds and bars. I started buying at $4.00 or close to it a long time ago. I have some really nice pieces and if I sold I’d hate to pay the taxes. I also bought a lot of junk silver coins but I don’t think they call it junk silver any longer. It’s too high to buy now, at least for me, but I f do I buy collections from time to time so I can sell them in my antique shop.

 

I certainly think so as I’ve never seen that in my lifetime.

 

If or when it does, maybe I'll go out and celebrate with a $99 Happy Meal.

 

Do you really think they’ll be that cheap?

 

Silver now at $76.76. Back up again.

 

I just looked at Kitco and silver is over $78 at the moment. It’s flying high today.

 

It’s at $79.72 in trading overseas tonight.

 

Down a little in daytime trading because the US Dollar is at an all time high for 2026. Up over $80 in overseas trading tonight.

 

Up at night, down in the day. The thing driving the market are having different effects on us versus overseas trading. It will be very interesting to see what happens tonight and tomorrow as Israel and Lebanon agreed to cease fire. Only time will tell if it holds.

 

Observation and Perspective: Western Markets (our daytime) is mainly paper derivatives, with huge multiples of paper vs hard metal. Eastern or South Markets (our nighttime) are mainly hard metal. China is removing derivatives from their markets.
Personally, I feel the night markets reflect more realistic prices, and may not be as prone to manipulations with margin calls, derivative rules, and political interferences… I also feel the Eastern / South economies Central Banks hold much more gold than what is reported. Lastly, Eastern / South economies Gold is culturally trusted and held as wealth much more than Western Economies culture.

Personally, I generally have a little more trust in Gold price trends in the Nighttime markets…

My thoughts.

 

I agree 100% with you. In today’s trading silver is up over $82.00 an ounce. If the Middle East gets settled and oil prices drop, I think we’ll see gains in the PM’s.

 

Yep, $81 dollars a barrel right now. Under 3.50 a gallon is on it's way! Hopefully under $3.

 

yea Just paid $4.00 cash and $5.00 cash for 2 different grades 87 and 90 no eth. But I can say Someone must have been looking out for me the day I locked in @$110.35 and sold off 95% of my silver collection. And if it does go back up over that No problems here I was Happy!!