If one wants to know the *real* value of silver, as expressed in dollars, one simply has to look at the selling price on eBay, which is an honest market. Look only at those sellers with high ratings.
I already did, and yesterday the average asking price among sellers with good reps was about $37/oz, with outliers here and there. The $26+ you hear cited by the talking heads is pure fantasy land.
Silver has been suppressed by 'paper silver' for years, so I doubt we're near bubble territory yet (IMHO).
Consider this .. as I type this, Bitcoin is at $36k, and that you cannot even touch. When silver is in a bubble I expect it to move up to at least $200. That's when I would be tempted to sell any I might have (and I'd probably still want to hold some back to hedge against hyperinflation).
How long has it been since you tossed 2 or 3 silver rounds about in your hand? I can assure you that when you do, you lose all respect for what we call "money" today.
About $34 for coins and $32 for rounds at jmbullion.
https://www.jmbullion.com/2021-1-oz-british-silver-britannia-coin/
bbb
This $37.00 was reached by artificial means. There were outside forces being brought to bear. I don’t see that price holding in the short term.
I do believe inflation is a concern, so your $209 level isn’t out of the question.
I expect the price to give up $5 to $10 shortly, so I don’t want to buy at this
Artificial peak.