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Author Topic: Silver  (Read 87365 times)

Offline Nemo

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Re: Silver
« Reply #200 on: February 06, 2025, 02:35:06 PM »
Cannot forget gold.  Bloomberg is talking $3000 per ounce soon.

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https://finance.yahoo.com/news/gold-steady-near-record-high-003402782.html
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Offline Nemo

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Re: Silver
« Reply #201 on: February 19, 2025, 04:48:05 PM »
And for today, I have read a couple reports that gold is expected to be over $3000 soon.  As of now it has very little (about 3%) to go.

I look for silver to be booming more in the near future too.  If only to maintain some type of reasonable relationship in the up/down movement to gold.

Nemo

https://www.monex.com/

Gold $2,933.00 +0.00
Silver $33.13 -0.31
Platinum $993.00 -10.00
Palladium $996.00 -13.00

link to live prices

https://www.monex.com/liveprices/
« Last Edit: February 19, 2025, 04:57:28 PM by Nemo »
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Offline pkveazey

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Re: Silver
« Reply #202 on: February 21, 2025, 12:46:51 AM »
This is my take on SILVER: SILVER is more difficult to mine than GOLD. The ratio of SILVER to GOLD in the ground is about 10 oz. of SILVER to every 1 oz. of GOLD. OK, then Gold should be 10 times more valuable than SILVER. Hmmm.... That's odd..... GOLD is 90 times more valuable than SILVER. Well, that's not right. OK, here's the reality. The demand for SILVER each year is greater than the amount of SILVER that is mined. 800 million oz. mined and over 1000 million oz. wanted by industry. Then why is SILVER so cheap? Well, there are people who work for huge investing companies just sitting by their computers and watching the price of SILVER. They watch the price of SILVER start to rise and just when they think the time is right, they offer to sell a large quantity of Exchange Traded Funds (paper Silver) SILVER at a nicely lower price than the market shows. BAM!! The price goes down. Then other similar investment firms jump on the bandwagon and offer to sell for a bit less. When the price drops to a predetermined level, the large investment firms jump in with both feet and buy millions and millions of ounces of ETF paper SILVER at a very low price. BAM!! The price then skyrockets and the investment firms make 100's of times more money than they lost when they dropped the price. That is why there is no steady climb in the price of SILVER. Those dips and rises are the visible signs of price manipulation. The only real way to tell what SILVER is doing is to look at the price charts from, let's say, one year ago to present. Then draw a straight line from all the low points and see where the real trend is going. You can do it from the high points but it's not as good a method. Keep in mind that the prices are for PAPER SILVER, not real, hold it in your hand SILVER. Anyone who thinks that I would sell my SILVER for Spot Price is nuts. Now, on the other hand, I would buy SILVER at spot price, plus premium, on those false lows. There is a day of reckoning and I think that day is coming this year. That's when the SHTF and SILVER just keeps rising and rising without any significant dips. When it happens, SILVER will be worth whatever I'm willing to sell it for. :chuky:
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Offline Nemo

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Re: Silver
« Reply #203 on: February 23, 2025, 03:14:54 PM »
Dayum! You are correct.  You think just as I do. 

How did we both get so smart?

Nemo
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Offline pkveazey

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Re: Silver
« Reply #204 on: February 24, 2025, 11:33:32 AM »
Nemo: Actually, I'm the smart one. You just happened to stand too close to me and it rubbed off on you. :lmfao: Wow!! Look what they did to the Silver price today. They slammed it down almost $1 oz. Now it's on its way back up. One day soon, they're going to do that and those ETF's are going to go to zero and those smart asses are going to lose their shirts. Meanwhile, back at the ranch, those of us who are holding the real stuff will make a fortune. The Solar and Aerospace people will pay whatever we ask for our physical Silver. :drool: We'll have the last laugh when that happens. :dance:
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Offline Nemo

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Re: Silver
« Reply #205 on: March 13, 2025, 02:15:38 PM »
And looking at numbers today, about 2 minutes ago.

Nemo

https://www.monex.com/

Quote
Gold $2,984.00 +48.00

Silver $34.13 +0.62

Platinum $1,004.00 +2.00

Palladium $980.00 +6.00

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Offline JohnyMac

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Re: Silver
« Reply #206 on: March 13, 2025, 06:47:27 PM »
Wow, look at silver.  :facepalm:
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Offline pkveazey

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Re: Silver
« Reply #207 on: March 14, 2025, 06:05:22 PM »
Yeah, I've been watching it like a hawk every day. You ain't seen nothing yet. There are Silver Freak "You Tubers" posting insane future prices. I actually think they'll end up being right. The most ridiculous one said Silver will go to $5000 oz. Hell, he may be right. All I know is...... I ain't selling any until they change the name to "UNOBTAINABLE". :popcorn:
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Offline Nemo

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Re: Silver
« Reply #208 on: March 14, 2025, 08:40:05 PM »
Ha, that's actually Unobtanium. 

And I have lots.  Ordered and awaiting delivery anyway.  But I must say it has been a while since I ordered it.  I guess it's tough to mine, process, coin, and ship.

Nemo
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Offline Felix

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Re: Silver
« Reply #209 on: March 20, 2025, 11:03:14 AM »
Blessed with a local shop that deals in PMs, I picked up some more silver bars and in less than a week the price rise has already taken care of the low premium.  They offer to meet/beat ANY price, local or internet and so far have been sterling in that regard.
The thing that makes me wonder though, is why they ask for a name when the sale is strictly cash... ?  They write the receipt without my info. but still...
And lately, at B of A, the tellers who hand over the cash are universally asking questions (real casual like) "What are you going to buy?"   Are you going to buy something fun?"    Right.    Like I'm gonna get real specific.   Human nature on their part?    Or a job requirement?
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Offline grizz

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Re: Silver
« Reply #210 on: March 20, 2025, 12:18:19 PM »
Gold has been over $3k/ounce for a few days now  :fuckYeah:

I predict it to touch 4Kounce by the end of the year  :cowboy:
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Offline Nemo

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Re: Silver
« Reply #211 on: March 22, 2025, 10:06:25 AM »
Numbers as of posting.  Note Gold, Silver and Platinum are down, with Palladium up.

Gold is down $21, yet still at $3024.

Nemo

https://www.monex.com/silver-prices/

Quote
Gold $3,024.00 -21.00
Silver $33.36 -0.52
Platinum $1,000.00 -6.00
Palladium $982.00 +6.00

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Offline pkveazey

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Re: Silver
« Reply #212 on: March 23, 2025, 12:51:35 AM »
They rarely ask me questions at my Credit Union, when I withdraw money, but when they do, I always give the same answer. "Car repair". The reason the Silver price is holding between $33 and $34 is because the big boys are forcing the price down while they buy every once they can get their hands on. That is going to come to an end real soon. I've been told that buy August, the SHTF. "Silver hit the fan". I'm sitting on all I can afford to sit on and just waiting. I'm not into Constitutional Silver, but I bought out my sister's coin collection and now I've got a ton of rare coins, Constitutional Silver, along with a lot of Silver Proof sets. I'm trying to dump a huge box of regular Proof sets and Mint sets. If things get really bad, I'll just have to bust open the packages and spend them as regular coins. This precious metals thing is a waiting game. Hmmmmm.... I can wait. :popcorn:
« Last Edit: March 23, 2025, 12:54:18 AM by pkveazey »
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Offline JohnyMac

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Re: Silver
« Reply #213 on: March 24, 2025, 12:14:13 PM »
Yeah, Armstrong predicts that May, August, 7 September will be earth shattering economically. Stay tuned.
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Offline Felix

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Re: Silver
« Reply #214 on: March 24, 2025, 05:17:16 PM »
The fourth turning, the quickening, Revelations for crying out loud...   everywhere we look, same vista - change appears (and feels) to be bearing down on us - BIG changes.
And it looks like long-time silver stackers are going to do well, quite well with the actually spending power this implies.
I just hope "when the time comes" to deploy my meager stash towards a fairly substantial solar array for running the well, refrigerators, some light, etc...
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Offline pkveazey

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Re: Silver
« Reply #215 on: March 24, 2025, 05:33:19 PM »
JohnyMac: I hope you are right. I can't remember which Silver guru it was, but around the first part of January, he predicted that August would be the massive Silver breakout. July and August are generally months where Silver usually falls quite a bit and then September is when Silver makes a big jump. This August prediction thing caught my attention and for some reason I believe the guy is going to be spot on. I certainly hope so because I'm not getting any younger and I'd like to be alive to see the massive breakout. If I'm not around to see it, I hope my 2 dumbass daughters hang on to all my Silver and end up rich. If things go the way that I hope they do, me or my heirs will be able to buy a modest house out in the rural areas for somewhere between 50 and 100 ounces of Silver. When it gets bad enough, the Manufacturing industry will pay whatever it takes to get any Silver from wherever than can. I believe the Spot Market will be dead and buried forever.
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Offline pkveazey

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Re: Silver
« Reply #216 on: March 27, 2025, 02:40:20 PM »
At the moment, Silver is at $34.42 oz. I hope this is the beginning of the breakout. But, it probably isn't. :popcorn:
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Offline grizz

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Re: Silver
« Reply #217 on: March 28, 2025, 12:06:51 PM »
We have silver on our claims but if its not in with the gold its not worth chasing, at least not now as we are recreational prospectors/miners.
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Offline Nemo

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Re: Silver
« Reply #218 on: March 28, 2025, 12:38:47 PM »
And it's all moving around.

Maybe shifting from the Pal and Plat to Gold?

Remember, those are the junk metal prices.  Coinage is higher.

Nemo


https://www.monex.com/

Quote
Gold $3,085.00 +30.00
Silver $34.67 -0.43
Platinum $1,003.00 -8.00
Palladium $999.00 -7.00

Quote
1 oz Gold American Eagle Coins
As low as: $32,376.07
Sold in quantities of 10
« Last Edit: March 28, 2025, 12:41:26 PM by Nemo »
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Offline grizz

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Re: Silver
« Reply #219 on: March 29, 2025, 03:47:35 PM »
Quote from: Nemo on March 28, 2025, 12:38:47 PM
And it's all moving around.

Maybe shifting from the Pal and Plat to Gold?

Remember, those are the junk metal prices.  Coinage is higher.

Nemo


https://www.monex.com/

Quote
Gold $3,085.00 +30.00
Silver $34.67 -0.43
Platinum $1,003.00 -8.00
Palladium $999.00 -7.00

Quote
1 oz Gold American Eagle Coins
As low as: $32,376.07
Sold in quantities of 10

Its really early in the year but since we've had such a mild winter I'm going to try and make it to the claims in the next few days. I imagine if I can get in there I will be clearing downed tress and other crap from the trail but it will be fun. If its too bad I can go to a public mining area which I know has thawed out, and play there
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Offline Nemo

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Re: Silver
« Reply #220 on: March 29, 2025, 09:10:45 PM »
You need to move to one of the gold rich creeks and such in North Georgia.  Then i could come down and get gold with you.

But I sure as hail ain't going to Alaska.  There just isn't enough fire in this belly to stave off that ice.

Nemo
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God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline grizz

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Re: Silver
« Reply #221 on: March 30, 2025, 03:59:09 PM »
Quote from: Nemo on March 29, 2025, 09:10:45 PM
You need to move to one of the gold rich creeks and such in North Georgia.  Then i could come down and get gold with you.

But I sure as hail ain't going to Alaska.  There just isn't enough fire in this belly to stave off that ice.

Nemo

LOL and you guys have WAY too much heat and humidity for me which is why I live up here  :bravo:
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Offline Felix

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Re: Silver
« Reply #222 on: March 30, 2025, 04:37:47 PM »

"But I sure as hail ain't going to Alaska.  There just isn't enough fire in this belly to stave off that ice."

Pick your poison.
Mosquitos... that could be a state bird.
or
Ticks... that could render you unable to eat red meat ever again.

Molon Labe    or what?    ya wanna live forever?     ;-)
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Offline Nemo

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Re: Silver
« Reply #223 on: March 31, 2025, 02:43:28 PM »
Quote from: Felix on March 30, 2025, 04:37:47 PM
   ya wanna live forever?     ;-)

Maybe not forever but for ahelluva long time from now.

I got some nice things.  My plans are if I can't take it with me, I ain't going.

Nemo
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God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.

Offline Nemo

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Re: Silver
« Reply #224 on: April 01, 2025, 08:38:15 AM »
Seems like the race may be on.  For gold anyway.

Silver is likely still tying up the shoes.

Nemo


https://apnews.com/article/investing-gold-record-high-tariffs-0a90a91c132ecd0c8bc1a8f4e1dfc29e



https://www.monex.com/

Quote
Gold $3,133.00 +7.00
Silver $34.52 -0.07
Platinum $1,010.00 -8.00
Palladium $1,015.00 +0.00

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If you need a second magazine, its time to call in air support.

God created Man, Col. Sam Colt made him equal, John Moses Browning turned equality to perfection, Gaston Glock turned perfection into plastic fantastic junk.
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