47.05 market open +0.39 (+0.83%) Past 5 Days • as of Sep 29, 12:05 AM EDT +2.67 (+6.03%
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Add a zero before the decimal, and then I will care.
Having said that, it's still an excellent time to buy.
I care now,I've doubled my money easy.
But it's still at 1/10th of it's proper trade value in current FRNs. In addition, unless you are trading your incredibly useful silver with useless FRNs (which would be foolish to the point of idiocy), why do you care?
It's a lot easier to get to 100 from here than from 25.
From my perspective, and from an incredible amount of evidence, gold is not too far off it's value (20% at most), and silver is between 1/8th to 1/10th of it's final adjusted value. It's currently about 1/80th+ of that. That would put $47, or even $100 as being stupid to trade at. When it was at $25, the ratio was probably in the 1/90 or 1/100 (depending on when you bought). 1/90, or 1/100, or 1/80, or even 1/40 is so undervalued it is literally meaningless from a selling (or trading) perspective. At $100, that means it's time to buy.
When you can actually trade it for a house, or property, or a car, or cocaine, or whatever floats your boat at a reasonable ratio, THEN it is meaningful. Until that time it is literally meaningless because you know it can't be traded yet. It effectively has zero value until it has a trade value that is not fuckery.