Silver Is On A Tear Today

A few hours later and it’s past $77.40.

 

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That was the old days. Lol

 

And I see the spread got bigger for loss at the big bullions, So they must figure a Friday afternoon fall ?

 

There are always some things that are new and different, and others that have happened before.

Silver is up over 2.8x during the course of this year, currently above $77. I'll be really surprised (and really alarmed) if it repeats next year, which would put it well over $200.

But surprises happen all the time. Will this be one of them? We'll all find out at the same time, and not a moment sooner.

No argument there!

 

On 1-1-2025 silver was around $28.00 an ounce so it has obviously doubled in price. If silver goes up another $8.00 it will have tripled this year.

 

https://bullionexchanges.com/

 

They're buying smaller quantities of 90% at 25% under melt, $100FV of dimes, quarters or halves at 12.8% under melt. (Unless they're having trouble updating quickly enough to keep up with the market price.)

 

I have the little devil Gnome on one shoulder Saying you Moron SELL SELL SELL!!! And the little angle Gnome on the other saying Wait it out Deeside next Tuesday !! And me in the Middle acting like Bart Simson!

 

Fear and Greed, the 2 things that destroy most traders. I understand the war going on inside your head

 

I just refreshed. $78.50!

 

That's the thing though. I haven't traded even one ounce. Just been holding. Paralysis through fear of missing out on a major score.

 

Now it’s $78.54. It doesn’t stop.

 

Wait and hold. It’s still going up. You can’t sell at the highest point and you can’t buy at the lowest point. Now that you’ve heard this from a third Gnome you shouldn’t be struggling as much. It’s two against one.

 

over $6.50 dollars up today. This is crazy.
Not that I'm complaining, just wish I had more of the stuff now, and hoping it doesn't start floating back down when the central banks stop buying.


edit: its spiking ...

79.07
+7.23 (+10.06%)
catching up to Asia which was in the $80s

 

I hear that. But I think it’s going to continue to rise in price. I to wish I had more of the stuff. Lol