[politicket]

Silver is up about a $dollar today after a 2 dollar up move on Friday. I am up on silver about 50% this year.

I really do wish you well.

Having said that, spot price on silver today is around $32.40.

I used to buy gold and silver until I realized it was just a commodity that doesn't perform well in recessions. It only performs when hyped.

I sold my silver at around $42.

In other words, silver dropped and has yet to reach that amount from two decades ago.

Gold and silver will be dropping as we move forward. It's just what commodities do in recessions - same for oil.

[zeestephen]

Unlike gold, silver is also an industrial commodity.

Sudden price spikes in silver - up or down - are often related to industrial demand.