Posted on 11/28/2025 6:53:46 PM PST by delta7
We're watching another stunning and historic day in the silver market as the price has surged more than $3 and even broken through the $57 level following last night's COMEX closure and precious metals flash crash.
Quite.
“The coin/precious metals shop I purchase from typically had a $3.00 premium for the last several years. All of the 1 oz. rounds that they offer now are at $1.00 premium.”
At APMEX it is similar. Its silver section https://www.apmex.com/category/25400/silver-bars lists bars at about 2$ above spot. This varies with bars weight and manufacturer.
Hero Bullion is selling some junk silver varieties below spot. Free ship over $149. (I don’t work for them).
The price of gold is 75 times the price of silver per ounce.
Whereas, the historic ratio is 15.
Gold is presently over priced by a factor of three. or conversely, silver is underpriced by a factor of 3.
Just curious, is JM Bullion in your "etc.", or did you intentionally omit?
I understand why gold goes up and down. If you don’t mind, make the case for silver rising. What I see is people who are pissed off at gold’s high price, so they buy silver. Or maybe they see gold as connected with the elites/
1. Supply / consumption deficit.
2. Rapidly expanding industrial consumption.
3. Tangible asset counter to depreciating dollar (faith, trust, debt).
4. The artificial suppression of Ag price apparently coming to an end.
These are the four big ones. Suggest you bone up on the Ag market. It's a thing right now.
I like Money Metals. Fair premiums and great buy back prices. Great customer service and VERY reputable!
If you have an Ebay account, that’s a good place to sell stuff. Otherwise, call a local pawn shop and ask them what their current offer is for such items.
“Otherwise, call a local pawn shop and ask them what their current offer is for such items.”
NEVER Sell to a PAWN SHOP unless you want to get ripped off.
always try a Local Coin/Gun store, and if there is none local to you any you cannot drive you can sell to places like JM Bullion or Kitco or Apmex.
In my state you don’t have to pay sales tax if you trade silver for guns since it is a trade and not a sale.
Thanks!>>>>>> I ran your reply through perplexity AI>>>>>
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Silver has a plausible long‑term bull case built on structural supply deficits, fast‑growing industrial use, its monetary role, and signs that past pricing dynamics may be changing. None of these guarantee higher prices, but together they form a coherent thesis for why silver could rise further over time.
Supply and consumption deficit
Recent industry data show silver in a multi‑year “structural deficit,” meaning total demand has exceeded annual supply for several years in a row. Estimates for 2025 suggest another sizable shortfall, with cumulative deficits since 2021 projected to be roughly equal to about one year of mine production, indicating inventories are being drawn down rather than rebuilt.
A key point is that mine supply has been flat to down even as prices rose, because around two‑thirds of silver comes as a byproduct of mining other metals like lead, zinc, copper, and gold. That makes supply relatively insensitive to silver’s own price, so higher prices do not quickly generate new supply the way they might in a pure primary‑metal market.
Rapidly expanding industrial demand
Industrial demand for silver has hit record levels, driven especially by solar photovoltaics, electronics, and components for electric vehicles and renewable‑energy infrastructure. Solar panel manufacturing alone has grown into a major demand center, using several times more silver per year than a decade ago and projected to keep rising as more capacity is installed.
Forward‑looking analyses expect total silver demand to grow faster than supply through at least the late 2020s, with projections of demand growing roughly 3–5% annually versus only 1–2% supply growth. That gap implies persistent deficits and tighter availability unless either demand slows sharply or major new sources of supply appear.
Tangible asset vs. weak currency
Silver, like gold, is used as a hedge when investors are worried about inflation, fiscal deficits, or loss of confidence in fiat currencies such as the U.S. dollar. In 2025, silver’s price has surged to record or near‑record nominal highs while government debt and deficit spending remain elevated, reinforcing its appeal as a non‑yielding but tangible store of value.
Because silver is cheaper per ounce than gold, it is often seen as a “monetary metal for the masses,” attracting smaller investors who want hard assets but cannot easily buy large quantities of gold. In an environment of ongoing geopolitical tension and debate over real versus nominal interest rates, that investment demand can layer on top of already tight industrial fundamentals.
Alleged suppression and changing dynamics
For years, some market participants have argued that large short positions and leveraged futures trading kept silver’s price below what physical fundamentals would justify. Episodes where futures markets experience technical disruptions or sudden closures, while spot prices and physical premiums spike, are cited by these traders as evidence that the old pricing regime is under stress.
Whether or not one accepts a deliberate “suppression” narrative, the observable facts are that: physical demand has stayed strong, deficits have persisted, and recent price action shows silver breaking to new highs even when the dollar is not especially weak. That pattern supports the idea that the market is undergoing a repricing where physical tightness and investment flows are exerting more influence than before.
How this forms a bull case
Putting it together, the case for silver rising is:
Structural supply deficits drawing down above‑ground stocks.
Inelastic mine supply due to byproduct nature and long lead times.
Strong and growing industrial demand from solar, electronics, and EVs.
Ongoing monetary and geopolitical reasons to hold tangible assets.
Market behavior suggesting the price is starting to reflect these fundamentals more fully.
None of this removes volatility risk or guarantees gains, but it explains why many investors currently see silver as “a thing right now” and expect higher prices over the medium to long term.
Related
What evidence supports a persistent silver supply deficit through 2026
How much silver does solar and EV demand add annually
How would a weaker US dollar likely affect silver prices
Which regulations or factors limit new silver mine output
What data indicates COMEX price suppression is ending
Ask you a favor; query Perplexity AI about;
Anticipated rise in silver and gold demand due to current and near future (5 yrs) data center buildouts.
https://drive.google.com/file/d/1LfIteGdfBw4wLznUS0u5p5Lbqxqx5rT6/view?usp=drive_link
This silver outlook is via chatGPT. Perplexity would not allow me to send you its full answer. Its a bit complicated but I can find a way if you want it.
Thanks for the AI opinions. Future of Ag’s lookin’ pretty bright, no?
What Grok says about silver and AI data centers >>>>> https://drive.google.com/file/d/16_qdJmbZeeoxSkPm3TyRp-mavy63WqGi/view?usp=drive_link
My take on silver is that people are always talking about AI. So investors figure silver rides the AI wave... and cryptos too. Sometimes I think AI ventures and cryptos are vacuuming up all the loose change in the markets.
I use Kitco.
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