Posted on 12/26/2025 7:21:34 PM PST by chud
The price of silver is about $78.65 as of Friday—a new high—according to the New York Commodity Exchange.
Silver’s price surge has outpaced gold, though the more expensive metal’s price rose just over 1.2% to hit a high of $4,562.70 on Friday.
(Excerpt) Read more at forbes.com ...
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
Gold and silver ***IS MONEY***. Always has been, probably always will. There's 5000 years of history in that statement.
EVERYTHING else are derivatives of money. As derivatives, each thing that purports to also be money, which is merely derivatives of money, introduces to some extent, more or less, third party risks.
The dollar currency today, is a derivative of money. It has a third party (the FED, central banking) risk. And, in fact, it's value today is nearly worthless, compared to the 1913 dollar, to the tune of 3% of what it was back then. So, we can reliably presume that this erosion would just continue, should the fiat dollar, a derivative of money, continue from today.
I see the fiat price of silver, rising to $79, as a sign that the dollar is falling further below that 3%.
Currencies don't last forever, and we're all witnessing a remarkable event - the end of the fiat dollar, and should expect that there will be something to replace it. If replaced by another fiat, the cycle would repeat because bankers (aka banksters) will be banksters.
But, I expect the next currency to be PM-backed. It's the Trump 'Golden Era' - so much that happens around the Trump admin is golden - the Oval color, the talk about Powell and FOMC members, on the IRS, Tariffs.
He shouldn’t even know you have it. Never talk…
U.S. government gold revalued to $85,363./oz.? Wow! (M2 money supply divided by 261.5 million ounce U.S. gold reserves).
I spent about $28k on 999 silver about 15 months ago and it’s now worth about $64k now. Did well on gold too.
I never thought my traditional sterling silverware woould become an auxiliary retirement plan. And then there’s the little leather box of old silver coins.
I think I need to arrange another boating accident before the democrats impose a wealth tax and start ransacking people’s houses looking for taxable assets.
“Me...I’m not selling”.
.
This is NOT the time to buy.
I learned that from 1980 and the Hunt brothers...
In Jan. 1980, the Hunt brothers ran up the price of silver 1000%. From $5 to $50.So the commodities exchange thwarted them by changing the margin requirements. Their fall was spectacular. I’m suspicious of what is going on behind the scenes with this run up.
“I never thought my traditional sterling silverware woould become an auxiliary retirement plan. And then there’s the little leather box of old silver coins”
.
Back in 1980, home burglaries shot up, presumably for drug money.
Silverware was the first item “picked”, and highly prominent among items stolen to be fenced.
Move to a secure location...
Seems China is buying physical silver. It may be AI driven due to demand in electronics.
The prediction from one source of $250 by mid next year is probably a wet dream.
Both Silver and Gold entered a generational Bull run in 2023. Historic highs people say, but the Truth is much different.
Gold hasn’t gone “ up”, the amount of paper dollars to buy it has gone down, drastically. Until one can see what is happening, they will be losing Wealth.
Many complain about Inflation, I laugh. Measured in dollars it is frightening high and rising. Measured in Gold and Silver things have NEVER, ever been cheaper.
The answer to preserving Wealth and laughing at Inflation is to keep stacking.This generational PM Bull just started ( in 2023), and will continue into at least 2030.
Got it for y2k
Still have
Was 6.04
Silver has been lagging in the silver/gold ratio for a long time. There’s plenty of room for it to rise.
This is NOT the time to buy
Times are much different than the 1980’s ( I remember them well). The Hunts ran up the Silver price with leveraged PAPER futures contracts. Today, the price is being run up by industry demand buying up physical Silver, and most notably India.
There was no physical shortage of Silver in 1980. The US started selling off its massive Strategic Silver supplies....Gone...All gone by 1982....which is why President Trump just put Silver back on our Strategic Metals list. Today, the mines simply can not keep up with physical demand.
From AI:
“Current Silver Supply Deficit
Overview of the Deficit
The silver market is experiencing its fifth consecutive year of supply deficit. In 2025, the global shortfall is projected to be around 95 to 149 million ounces. This ongoing imbalance is primarily due to stagnant mine production, which remains flat at approximately 813 million ounces annually, while total demand exceeds 1.2 billion ounces...”
Do keep in mind Tech runs on Silver, I phones, electronics, electric vehicles, solar, AI centers, computers, etc....thus the unprecedented demand for Silver.
Hi, Ho Silver, we haven’t seen anything yet.....just warming up.
You could sell a little, then sell a little more with every five dollars that it goes up.
You trying to be sarcastic? facetious? sardonic?
A realistic gold reval from its current and ridiculous $44.22 (1973), considering a bimetallic evaluation, might be $7000/ounce. But then, with indications that the currency could be based on a basket of commodities, could be less.
The usdebtclock.org right now has the dollar to gold ratio at $9244/oz.
A move to a ‘New Dollar’, where there would be a strictly controlled conversion, is uncharted financial territory.
I bought a Sterling silver tray that was the bottom of a tea set at Goodwill for 50 cents back in the 1990s. Someone had tried to clean it with steel wool.
Still have it in a box of junk in the attic. Every 5 or so years I come across it again and check that it really is Sterling...it is.
It may be getting time to take it out one last time!
When silver goes hyperbolic like it did on Friday, that is a good time to consider selling. That is what the peak will look like because the trade is driven by pure speculation.
Material ρ (Ω•m) at 20 °C Resistivity
Silver 1.59×10−8
Copper 1.68×10−8
Aluminum 2.82×10−8
https://www.thoughtco.com/table-of-electrical-resistivity-conductivity-608499
The use of silver in solar panels may come to a halt.
Don’t sell now. You’ll kill yourself in a couple of months. We were in at around $18. We have no intention of cashing out now.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.