Posted on 12/09/2025 10:03:55 AM PST by delta7
Price of metal has more than doubled this year amid booming demand from investors and industrial users
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Silver prices have punched through $60 per ounce for the first time amid a historic rally driven by a scarcity of supply and a surge in demand from investors.
The metal has more than doubled in price since January, as years of undersupply, compounded by strong demand from industrial users and investors, led to shortages and a severe supply squeeze in October.
Silver jumped 4 per cent on Tuesday to reach $60.4 per ounce, a fresh record high. Gold also rose 0.7 per cent to reach $4,216 per troy ounce, slightly below the record set in October.
This week expectations of a rate cut by the US Federal Reserve, which meets Wednesday, have boosted precious metals.
“In the very near term, the focus is on the Fed rate meeting,” said Suki Cooper, analyst at Standard Chartered.
“Underlying the move is the fact that we have a market that has been undersupplied for the past five years, and we still have regional stocks dislocation,” she added.....
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Hint: stick with physical Silver, the paper Silver stuff day's are going to suffer the fate of all paper.
Silver Price Performance USD
Change Amount %
Today +2.22 +3.82%
30 Days +7.70 +15.30%
6 Months +21.51 +58.89%
1 Year +25.96 +80.94%
5 Year +34.07 +142.15%
20 Years +49.04 +544.63%
silverprice.org - 13:03 NY Time
Silver was up over $80 under Little Jimmy Cah-ter.
The metal has a long way to go.
I kind of decided to start stacking silver a little about a year ago bought some rounds at $30 with intent to by more here and there . Then some family tuff went on, various crises, new roof so I stopped thinking of silver and just tuned back into it now to find that my rounds have doubled and I wish I had followed my original plan!
Yea.... my pre-64 quarter is now worth $10.
> Yea.... my pre-64 quarter is now worth $10. <
Back when I was a kid, my mother gave me a shiny Franklin half dollar to buy some ice cream. I lost it on the way to the store. My mom wasn’t mad at me. But no ice cream for me that day.
Maybe I should go back now, and look for it.
🙂
about 12 years ago I seen a video that said about 1 in ever 70 something half dollars were 40%. So On my travels thru town I would pick up some rolls and check. It was a little more than what I was told but still close. Now I have 21 40% half dollars sitting in a container. They are worth about $8.50 each now.
We started stacking silver 20 months ago. It’s fun watching the spot price to go up, not much fun buying though. But still, I think silver at $60 is still a buy.
2001-2002 Gold $250 oz, silver less than $5 oz. Now worth 12-16 times as much.
2009. bitcoin 400 for $1. Now hovering around $90,000.
Likely got snapped up by some other kid walking and/or riding his bike for some ice cream.
IBTG
IBTS
IBCF
Stacked silver 5 years ago. No regrets.
Every so often I’ll find a silver coin in my change. As time has moved forward, this occurs less frequently.
Silver will be over $100 within a year.
Gold to Silver historically was 35:1, so it has a lot more to go up
That was because of the Hunt Brothers trying to corner the market. This time it is a natural upswing that will become more pronounced as silver is used in more and more uses industrially.
Also, the paper silver market is about to burst, as more and more people and countries want REAL silver, not paper promises.
Still not too late. I started earlier this year at $38. Still stacking and buying silver proof sets and junk silver coins.
I budget $100 a week. Sometimes I go over my limit.
Here is some of my collection
https://www.youtube.com/@packratcollector
Not to brag but I started getting in in the 90’s when it was at 12. It’s beat the S&P in recent years.
The Gold:Silver ratio was fixed at 15:1 under the Coinage Act of 1792 when coinage was bimetallic. That has only widened ever since. 20:1 sounds like a lovely goal, from my perspective.
I always check the coin return slot in the coin counting machines that you see in the supermarkets. Silver coins get rejected, and many people just leave the rejected coins. I won’t say it happens a lot, but I would say six or eight times a year I find a silver coin. Even half dollars.
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