Just for shits and giggles, how high do you think it will go? I'm just wondering if I should try to recover the coins that fell out of my boat into a very deep lake.
~$145.19 is inflation-adjusted high from 1980-81. We will likely see this by end of 2026. $83 moves silver into #2 largest asset worldwide right behind gold. We likely see that by post FEB contract delivery in March 2026.
Correction: Premium collapsed to +9 cents contract OVER spot. This has fluctuated between +30-70 cents for the last several weeks.
Data captured today contract vs spot; Useful capture due to 10 min delay on contract price:
SILVER SPOT PRICE
3:49 PM ET $63.95
SILVER CONTRACT (DEC) PRICE
3:49 PM ET $64.04; +9 cents, very low compared to recent activity
3:48 PM ET $63.97
3:47 PM ET $63.94
3:44 PM ET $63.90
3:41 PM ET $63.87
3:39 PM ET $63.83
Just for shits and giggles, how high do you think it will go? I'm just wondering if I should try to recover the coins that fell out of my boat into a very deep lake.
historical average is 1/8 to 1/10 of gold $400 to $525
...but 1/1 of gold when the Statue of Liberty gets buried in sand up to her tits. /s
https://m.media-amazon.com/images/M/MV5BY2ZhZGFjMmItZWIzZC00YzMzLWE2OTYtOGZiZDQwYTMzYWZjXkEyXkFqcGc@.V1.jpg
This is what I have been thinking... Long term, which is probably 3-5 years in my opinion.
Make sure your diving gear is in good order,at this time.
Not financial advice.
Kek
LOL
I will probably drown if i actually attempt it.
~$145.19 is inflation-adjusted high from 1980-81. We will likely see this by end of 2026. $83 moves silver into #2 largest asset worldwide right behind gold. We likely see that by post FEB contract delivery in March 2026.
I tend to agree. I think TPTB will try to hold it down for a few years, so its increases will be small and steady.