There’s no way I’d invest in silver or gold right now.
I consider this a bubble. It will pop > IMO.
I just bought a bunch a few days before this madness. It went up, it went down. Im holding it for the long haul. I always bought a little each month but decided to spend my whole year’s “gambling” budget in January. The reason is the “green new marxism deal” on the horizon with Chomo Joe. Silver goes up, it goes down. It hasn’t even kept up with inflation since 08. I do think it will go up with inflation now with the massive spending and soon to be solar mandates. But, if not. The nieces and nephews get a kick out of a silver ounce in their stocking at Christmas.
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.
Lead and Brass is better than Gold or Silver.
The real problem is that there is no Gold or Silver because those lips-on-a-chicken demonratcommieblmantifaterrorscumpedophilegoatraper have stolen most of it or given it to the iranians (and Not the People).
Current National Debt at $28 Trillion, soon to be $40 Trillion. I am not seeing this bubble in precious metals you are referring to. I am seeing inflation.