Silver hits 48.30 - All time high in year 1980 of $49.95 inches closer...
(media.greatawakening.win)
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They sold 235 million oz yesterday,and it back up today.
They have lost control.
Going parabolic soon. Old stackers are all smiles.
Noobs be stack-a-lackin...
Crusty OG stackers are counting chickens...
This shit gets damned heavy after a while... IYKYK... watch your toes!
I might do a full inventory this weekend,to find out exactly how much shiny i have.
I did last weekend...was pleasantly surprised that I had more than I thought...
I have like three 1oz silver coins from the U.S. Mint.
Did I win?
kek
u/#catdance
u/pbman2
Yes... first place for slackin!!!
Quit slackin and get stackin son!
u/#catdance
I think I'm too late.
Like Jerome.
u/#catdance
u/#angrypopcorn
I can guess within 100 oz or so. Now that's a lot of money.
Damn straight...
What you figure is a good baseline to get noobs to, ozwise?
u/pbman2 u/queue-anon
Obviously, anything is better than nothing.
I saw this thread and have been trying to calculate based on 1900’s purchasing power, but I suspect our productivity is much higher than that now.
https://www.reddit.com/r/Silverbugs/comments/1dcrdca/how_much_silver_is_a_good_amount_to_stackhold/
Here’s a chart of 1922 retail prices:
https://files.catbox.moe/ftpw9r.pdf
Whatever they're comfortable with...
It's GONNA HURT a little...
Similar to buying an engagement ring.
I guess they'd have to have a dollar amount in mind and work backwards.
Some people (actually a SURPRISING number of people) get all weird and ghey about holding cash, PM etc. These are the types to do paper because it's "safe" - Yeah? For who exactly?
I guess being around farms it's nothing to walk around with $5k+ like nothing.
Banks are crapping themselves. People want to cash out their paper silver (that they bought a long time ago) for cash. Oops.
Keeping stacking…. Even if it’s 1 oz at a time…. I truly believe once the Fed crashes, and we go back to gold back…. Gold will be bit coin levels per ounce, and silver will be 10-20 k easy
Here's to hoping so!
When Silver goes past $50.00 it enters a new realm of upside possibilities. Silver could possibly be the canary in the coal mine as far as a possible new currency being introduced.
As a contrast to past similar situations with major changes to our currency, we have 1871, Titanic, 1913, 1971 to draw some reference points of what may or may not lay ahead. Future proves past. Was the money worth it?
Silver may even go back to 1/15 of gold. Or better.
Very possible. God's money is gold and silver.
Great news, but considering inflation, 1980 $49.95 is approximately equal to $196 in 2025. We're still a loooooong way off. That said, I agree that the fiat threshold of $50 would/will be a big inflection point.
A few years ago during covid I received a bonus I was not expecting. Bought 200 oz of silver for just in case SHTF. It's not a lot but man I'm glad I did.
It's great news, but considering inflation, 1980 $49.95 is approximately equal to $196 in 2025. We're still a loooooong way off.
Figure inflation in and it's a bit higher...
About $195 to be exact. Please research before making statements OP.
Yeah, noticed this. Still a long way off. It's a start ($50 inflection point), but still a looooong way off of the 1980 all time high.
So what’s $49.95 in 2025 dollars?
$196
Embarrassing
And still cheap at this price.
Wait until all the paper silver starts getting cashed out.
MOON
Y'all talk about silver... Gold is approaching 4,000$ and ounce.
Silver to gold ratio is currently about 80:1. In reality it should be 8:1. Real silver price is about $500 per oz. Here's hoping. Parabolic would be real nice.