OK - So What's Going On??

Well?? I don't look at these charts every day like I used to but this week seems to be... Well, rather dramatic.... The stacker in me likes what he sees, but the practical side of me worries what this sudden rise may be a signs of.... Whats the fuel that has driven this dramatic rise?

 

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Oh to be 40 again! $40.02/oz silver now!
And yes it’s ok to be worried.
Buy more precious metals
Don’t wait, buy more weight

 

Buy, buy buy I stack silver a couple times a week and GOLD once a month
though the price varies substantially with GOLD averaging the gains and losses
comes out in the end.

 

Keith's not blue. He love's the Blues.

 

Yeah I came to post silver crossed 40 for the first time since when???? Was it when the Hunt brothers tried to corner the market? That was eons ago.

 

Yeah.... I had pimples, hair and a waist then.

 

I think a large part of it is that silver has lagged gold trends so long that it eventually had to pop. Silver has a lot of commercial uses, not sure if mining is keeping pace either.

 

About a month ago I was considering unloading several rolls of meh Peace dollars so I could purchase some fine rarer collectable Morgan specimens. LCS offered only $23 a coin. I said thanks, but no thanks.