Silver Tops $66 for First Time, Gold up 1%

NEWSMAX ^ | 17 December 2025

[packrat35]

I know, I have bought many things from them this year. I am in process of buying every silver proof set.

Recently I bought a 1951 proof set. I now have 1951, 1953, 1955-1964, when they went to clad. I am also buying 1992 and later silver prrof sets when they started making them again.

I hope to have all silver proof sets from 1950-1964, and 1992-present by this time next year.

And yes, I do have the sets with the 40% Kennedys also, along with the 40% Ikes.

I even started posting on youtube some of my aquations.

https://www.youtube.com/@packratcollector

[Cincinnatus.45-70]

I was just coming to post about the Hunt brothers driving silver to $50 back in about 1979-80. You beat me to it.

Adjusted for inflation $66 is not so much.

https://www.in2013dollars.com/us/inflation/1980?amount=1

Looks like it was about $260 in today’s dollars.

[Sawdring]

Everyone who has Dollars are being hit.

[CFW]

“Silver: Samsung Prepays Mine For 2 Years Supply.”

https://www.zerohedge.com/news/2025-12-17/silver-samsung-prepays-mine-2-years-supply

“GFN – TORONTO: Canadian miner Silver Storm Mining has secured a US $7.0 million prepaid offtake financing facility with Samsung Construction and Trading and two of its subsidiaries to restart operations at its La Parrilla Silver Mine Complex in Durango, Mexico. The agreement, announced October 10, 2025, includes a two-year offtake commitment for all concentrates produced as part of the financing arrangement. First seen and noted by Arcadia today, where Chris Marcus gives some insights into its importance; This news insight gives much credence to the silver supply scramble that is beginning to ensue”

[aMorePerfectUnion]

👊🏽🪙

[ASOC]

$66 highest ever??

LOL+BS. Silver hit $80+ under Little Jimmy Carter.

[Presbyterian Reporter]

Gold COMEX (Feb′26) $4409.50

Gold finally set a new 52 week high on the Feb 26 futures contract today.

While silver has been soaring for the past two months, gold has languished.

[delta7]

Platinum and Palladium are not money.

---

Neither is Silver, Gold. Silver, Gold, and Platinum are “ Wealth”. Paper currencies are for spending, using, (money), PM’s are a storage store for your Wealth.

AI: ( it does not understand the money, wealth differences).

“Platinum was first used as money in Russia, where coins were minted and circulated between 1828 and 1845. Prior to that, it was used in Spanish-colonized America in the 18th century, but its use as a regular currency was impractical.

Early Uses

18th Century: Platinum was first used for minting coins in Spanish-colonized America. However, it was not effectively utilized due to the lack of technology for processing the metal.
Russian Coinage
1828: Russia began minting platinum coins, making it the first country to use platinum as regular national currency.
1845: Russia discontinued its platinum coinage, marking the end of its use as a standard currency.
Other Countries
Since 1983, various countries have minted platinum coins, primarily as bullion coins rather than as regular currency. Examples include the American Platinum Eagle and the Canadian Platinum Maple Leaf.
Platinum’s use as money has been limited and often impractical due to its properties, but it has been valued in various forms throughout history.”

As long as sovereign countries mint coinage in Silver, Gold and Platinum, I consider them Wealth....all their paper currencies are just paper notes that devalues and debases over time.

[delta7]

LOL+BS. Silver hit $80+ under Little Jimmy Carter.

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You are going to have to link that, searching Kitco, Comex, LBMA records shows two occurrences where Silver touched $50 oz/t.

I was in Carters Army and a PM bug back then, never even touched close to $80oz/t.

[shaggy eel]

I've waited 20+ years for these days. Totally works for me! New windows for my house and a new (used) vehicle come spring. Someone has to live this Luxury Life - it may as well be me!

,,, I've only been buying over the last three or so years after working out the price of everything was going up but not really silver. I could see that commentators who were asserting the market was rigged were right. That was my motivation. Now, if we need to liquidate our holdings it seems dealers aren't buying. I may be holding longer, but I have no need to sell.

[Diana in Wisconsin]

“I may be holding longer, but I have no need to sell.”

If I were you, I’d keep buying physical PMs as you can afford to. This run is going to last a good long while, IMHO. And even if it doesn’t, you’ll be better off than when you started. Again, IMHO. ;)

The only other time I’ve sold in the past 20+ years was when Dad needed some additional funds for medical expenses before we were able to get him on Medicaid on top of his Medicare. He had a lousy $10K in an old IRA that had to be ‘spent up’ on his needs only before he would be eligible. (For Medicaid you cannot have more than $2K in assets at any given time).

At that point in time he was no longer driving so no vehicle and was renting not far from me, so I could take care of him every day. He did not want to live with me, which was probably for the best. He said I was too bossy, LOL!

It took a good three years to spend that down - he was stocked up on socks, underwear, slippers, tennies, clothes, canned goods and non perishables for LIFE.

Now I get to spend some $$ on practical & needed items for ME. Livin’ La Vida Loca, Baby! ;)

[shaggy eel]

,,, winner. Good times!!

[Karl Spooner]

Everyone who has Dollars are being hit.

That's for sure and everyone else is treading water because of that.

.