https://www.jmbullion.com/charts/silver-prices/
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Ray Dalio wants investors to have 15% of their portfolios in gold. Here’s what others think of his advice.
Silver is up $2.40 a ounce this morning. Spot $51.44. Go baby go!!
And then Jamie Dimon taking about an economic collapse same day. Someone is short by a lot and I’m not talking about height.
Well, silver just dropped $1.30 an ounce. I knew I would jinx it if I talked about it.
It looks like more fkery as both gold and silver, once again, dropped at exactly the same time.
Did you ever see this?
https://greatawakening.win/p/17txRDGRRC/how-is-the-silver-spot-price-cal/
That is incredible. We are just sheep with wallets.
crazy volatility today! Huge spikes and dips within a few minutes!!
Back over 51.
They have seriously lost power.
That's ok. I bought the PSLV dip.
Time to buckle up.
I am glad I own physical gold and silver, I just wish I bought more...
I just wish I coud have afforded more.
☝️
Saw many other article overnight talking about precious metals. People are waking up, increasing demand. Things are looking bright.
Spot way above futures. That’s weird
It's called backwardation,and it's a good sign people want metal now,and not in the future.
I thought you made that up…I had to check it out: A disruption in supply, like a crop failure or geopolitical conflict, can cause the current price of a commodity to spike above future prices as immediate demand outstrips immediate supply. Sounds interesting 🤔
Just remember... If you can't pull down your pants and rub your junk on it, you don't own it.
I wonder if spot at $55 is when a ff happens and the tweet...
https://www.reddit.com/r/Wallstreetsilver/comments/1nlslcm/silvers_time/
Cool song.
What this really means is your dollar isn't worth crap!
Oh gosh, the temptation to drive my bars and rounds to the coin dealer is prodding me. I know they will not trade at spot though. This stack is suppossed to be my security and assurance the bills will be paid if loss of income happens. I DONT KNOW WHAT TO DO!!!!! Should I continue to horde, or should I cash in? I am 75. Money is the root of all worry, and for some, evil. Do some of you think that the price will continue to rise, as we return to the gold silver currency? If it drops, I will kick myself, if it rises and I sell, I will kick myself. Thats a lot of kicking.
Hold
thanks, that's what my gut tells me.
Nothing wrong with cashing in some, enough to cover a month or 2 of bills if that is your concern. Although, I personally think it is going to keep on rising (there might be some pull backs, but generally rising overall). You don't have to sell it all. Just keep in mind, the dollar has lost 10% of it's value this year, so sitting on a bunch of cash is not great either. I keep enough cash for several months of bills, the rest is in PMs and other investments.
You dollar cost average when you buy, you can dollar cost average when you sell too! Set some numbers in your mind... sell 20 or 50 oz when it hits $XX and again at $XX+5, and again at $XX+10
Just my 2 cents :)
The bible verse that is the source for your statement "Money is the root of all worry, and for some, evil." is below. Note: it is the LOVE of money, not the money itself that is the problem.
1 Timothy 6:10 ESV 10 For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.
Please…..stop….. i can only get sooooo hard….
I was buying 2 bars every payday for a while, wish I had started earlier.
just to be clear… most people use the US dollar as their “point of reference”
we think “prices” fluctuate, usually upward,
we call it inflation. the “inflation” of the money supply. pumping more US dollars
or “federal reserve notes” or FRN’s … frens hmm
But as JP Morgan said,
“gold is money, everything else is credit”
so the US dollar is actually credit, not “money”
gold is THE standard throughout all of history
gold is well defined. Its an element.
we can precisely meansure its weight
we can precisely measure its purity
And there is a limited supply of gold,
Particularly gold in the form of bullion or coins
If you are reading this comment, you should quickly learn where the nearest coin shop is, and go in there right away and buy an ounce of silver
Buying an ounce of gold would be a little impractical for a lot of people
But silver is still within your reach
You don’t stack silver because you think the value of the silver is going to go up….
You stack silver because you know the value of the dollar is going to go down…
We are all cheering for DOGE,
Cutting all this wasteful spending
And now certain government employees are going without a paycheck
And I think it’s a matter of solvency
The US government is not able to collect enough taxes to keep up with the interest on the national debt
The US government was very close to being insolvent, probably within the last few years/months/weeks,
This is why they killed so many people who were on Social Security?
This is the end stage of compound interest
The rich get richer, and the poor get poorer,
until one day, the poor are so poor, they have nothing left to give to the rich
This is why USURY is the ROOT of ALL EVIL
C'mon, let the fix die and silver rise to the peak of its potential. I ain't selling mine till it starts spiking to reflect how it's being used (in a non-reclamation fashion primarily), and how the mining supplies doesn't meet demand.
I only bought 20 rounds when it was $27, damn should have got more