Silver Is On A Tear Today

Nothing at the current price here. If world events settle down, I think PMs go on another bull run tear.

 

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It’s sure bouncing around this week.

 

Settle at $76 or close to it for the weekend.

 

We may be at our new normal.

 

I remember normals. Sometimes I miss them.

 

Less than 3 hours until the market opens overseas.

 

It was down earlier but still in the mid seventies.

 

Just checked and it’s up twelve cents. $75.68

 

When one is offering Proof69 NGC Gold "loss leader" U.S. coins at less than "spot", and the only order is for a PF70 common date and a 1986 $5, it's time to deliver
and then delete offerings!

JMHO

 

Am I the only one who thinks it is strange that the price appears stuck in a very narrow range and has stopped the wild swings we are all so used to?

 

That’s the way it was before it ran up like it did. Silver down about $.75 today.

 

Silver is still 150% more than it was one year ago, so who can complain.

 

Not me. I’m just keeping track of where it’s going.

 

The shinny metal closed down $.17 In daytime trading. I’ll be watching the overseas market shortly.

 

After an hour and a half of trading it up $.46. Mid seventies seems to be the current normal.

 

Down during the day and up at night. It’s falling more in the day than it’s rising at night. It’s going the wrong way due to political issues but once that’s resolve, it will go back up.

 

I hope so. I have to sell a lot of silver soon to be able to afford drilling a well on our property. $7,000 in dental bills over the past three months hasn't helped (and that with an amazingly kind 40% student discount; $12,000 otherwise)! I am hoping it at least hits $80 again when I need to sell.

 

Sorry to hear about the money woes. I have them but I can get by without having to sell anything. The Fed didn’t lower rates yesterday and that drove the price down.