That 50 Cal ammo can full of pre-’64 quarters is looking pretty strong. If I could only remember where the canoe flipped!
31 Bucks an Ounce?
.
Local buyer goes 18——yeah, Right!
Silver seems to do fantastic one year out of every fifteen. The rest of the time its awful
the time to buy silver is when it is absolutely hated
Hunt Brothers back?....................
Spot silver went to almost $50.00 oz. in the 80’s when the Hunt Brothers tried to corner the silver market...
The market went from $14.00 to $49.xxin a matter of weeks.
I was trading corn and soybean futures at the time — there was one trader who shorted 3 silver contracts and was badly behind...then the market locked ‘limit up’ for multiple days with ‘extended limits’ — his buy order (remember he had already sold silver) had been in for days. It cleared at limit up, then the next tick was limit down.
Your memory is just not long enough.
BTW the guy had to sell his rental duplex to settle up...
Commodities are not of the faint hearted.
Gold is up up up so folks are probably turning to a more affordable precious metal.
we’ve been foretold that silver is going to $500 or more....then I’ll rejoice..
Mirroring Au
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war is coming
This doesn’t look good for currencies
Wait till the upcoming Brics Summit, the world’s banking regulators mandated Gold to be a Tier One asset by 2024, no paper contracts, physical only.
All Central Banks in the World have been buying tons….little brother Silver will be pulled up exponentially…the current silver: gold ration is 82:1…..” in the earth” ration is 15:1….Ag should be pricing about $400 an oz…..
…..it will attain that.
My wife has a Gold IRA that also has about 7,000 ounces in silver. So she’s pretty happy these days.
Screw silver! (just kidding)
What about copper?
$149 out the door for a 250’ roll of 12/2 Romex?
My bids just went up 15%.
Old Man Harrison would have loved it.
https://www.kitco.com/charts/silver
Up two bucks as of right now. Mama like! :)
My advice? If you need to sell, sell any gold you have, first. Hold on to your silver for now and when the time comes sell silver coins first and the junk silver last.
That’s been our strategy for the past 20 years.
Gold: Wall Street sees gold possibly hitting $2,500.00 next week.
