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116
SILVER spikes to nearly $66.50; currently at $65.66. The price rise isn't over yet -- by a long shot, perhaps.
posted 190 days ago by Narg 190 days ago by Narg +116 / -0

http://www.321gold.com/

https://www.kitco.com/

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▲ 15 ▼
– McPatriot17 15 points 190 days ago +15 / -0

Hi Ho SILVER! To the MOON!

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▲ 3 ▼
– ganachain 3 points 189 days ago +3 / -0

HODL

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– davidw221 13 points 190 days ago +13 / -0

Read a story yesterday, China will stop exporting silver January 1, the US, doesn't mine very much silver, it will take 2 years to get setup for mining silver according to the review,

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▲ 7 ▼
– therobots 7 points 189 days ago +7 / -0

Most silver comes from copper, lead, zinc, and gold mines.

I suspect there is a lot of silver with all that gold in the Grand Canyon.

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▲ 2 ▼
– SOGWAP 2 points 189 days ago +2 / -0

Time to invest in a mine

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▲ 3 ▼
– Pbman2 3 points 189 days ago +3 / -0

I'm buying mining stocks and calls on mining stocks right now. Hopefully I can sell these and hold on to my shiny metal.

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▲ 1 ▼
– ClemTiger 1 point 189 days ago +1 / -0

China isn't mining it. They refine it

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– therobots 8 points 189 days ago +8 / -0

This is just a warm up.

Thx for posting fren.

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▲ 6 ▼
– Glenn007 6 points 189 days ago +6 / -0

My silver ingots are now officially worth double what I paid for them. And almost all of the real growth has been in the past 6-8 weeks. I hope there's more!

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▲ 4 ▼
– Kayleighsbikeseat 4 points 189 days ago +4 / -0

Bouncing in and out of backwardation. Gonna be fun to watch today.

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– MAGAsoyboyslayer 3 points 189 days ago +3 / -0

Yep. Everyone else on here will keep pumping GME, AMC and Bitcoin lol.

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▲ 11 ▼
– N0rds 11 points 189 days ago +11 / -0

AMC is dead on arrival to moass.

BTC is in a dip during its cycle. Good place to buy around here

GME is just waiting for the shorts to close and rocket the fuck up.

BTC, GME, gold, silver, are the 4 horsemen of future riches.

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▲ 2 ▼
– Megaboom2025 2 points 189 days ago +2 / -0

Isn’t GME just a bitcoin treasury company now?

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– N0rds 1 point 189 days ago +1 / -0

lmao no, they have around 10 billion dollars in cash sitting in their bank, and 500 million or so BTC.

Its just a hedge against inflation, thats it.

The shorts have created hundreds of times more IOUs of the stock than actually exist, in a desperate attempt to keep th stock price low, and trying to desperately tank it to 0, but that's IMPOSSIBLE now that GME has 10 BILLION worth of cash sitting around.

Hedgies are FUCKED, and stuck with short shares, which have an INFINITE upside, if the stock rises.

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▲ 7 ▼
– libtards_r_stoopid 7 points 189 days ago +7 / -0

Some of us have silver and gold in addition to gme lol. Gotta diversify your holdings🤣

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▲ 6 ▼
– glade 6 points 189 days ago +6 / -0

it's all to kill the same dragon

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– libtards_r_stoopid 2 points 189 days ago +2 / -0

Exactly

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– ClemTiger 1 point 189 days ago +1 / -0

Not BTC

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– glade 1 point 189 days ago +1 / -0

why's that?

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– ClemTiger 2 points 189 days ago +2 / -0

Has zero backing and it was created for drugs and human trafficking

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– ClemTiger 2 points 189 days ago +2 / -0

XLM and XRP are the cryptos

Backed by silver and gold

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– TaQo 1 point 189 days ago +1 / -0

Xrp/ripple have desperately trying to get central banks to use their aether...

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– FuckNewsom 2 points 189 days ago +2 / -0

You may want to alert Trump to that, because $DJT (Trump Media & Technology) is the 10th largest BTC treasury company.

And Eric Trump’s company is the fastest growing BTC mining company.

But I suppose they’re just clueless as to what is coming.

I wasted way too many years sitting on the sidelines listening to BTC naysayers on the Internet, while the price continued to climb. Luckily, in the fall of 2023 I finally realized that ACTUAL REAL WORLD price action over the past decade contradicted the Internet naysayers, and began buying in at $43k.

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▲ 2 ▼
– glade 2 points 189 days ago +2 / -0

far more human trafficking and drug deals have been done in cash

look at Obama and the $4b in CASH to Iran. you hate cash too?

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– Pbman2 2 points 189 days ago +2 / -0

I bought GME to get some tendies to buy more silver.....

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– RealityIsBroken 3 points 190 days ago +3 / -0

According to SilverPrice it spiked to $66.50ish in the wee hours of the morn.

Currently at $65.95

https://silverprice.org/

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– RainyLakeFisherman 3 points 189 days ago +3 / -0

Be careful...as manipulation is still in play on silver. In the last week, they increased the contract costs on the Comex for silver futures...a move to "quell" paper demand and tank silver. It didn't work. Last week when things were heating up, they claimed a power outage shut down the silver market. Shanghai physical silver is going for $75ish an ounce. Comex paper $65 an ounce. Futures contract for 250 million ounces at $70.00 an ounce (of which the purchaser will demand physical delivery of which there is none) hits on Friday. Would be a "Gamestop moment" for silver...which they won't let happen as shorts would need massive amounts to cover as Silver mooned.. Emergency meeting has been called for the CFTC on Thursday as the banks probably have notified them that they cannot cover physical deliveries on Friday...which would blow up the whole silver market. One of two things will happen: 1) Silver will be frozen and you will see paper silver crash (while real physical value will remain high, paper value, like SLV, AGQ, etc. will drop hard combined with propaganda media attempting to scare the retail markets to bail); or 2) A full revaluing of Gold and Silver will take place (currently on the US balance sheet gold is valued at $42/ounce while trading at $4300/ounce. Perhaps in balance sheet trickery against our national deficit, Gold will be revalued at $10,000+/ounce and silver at $500+. In the end, silver is going to be very valuable if the government doesn't sieze it like they did with gold in the 1930's. It is needed in virtually everything electronic and there isn't enough (to the point corporations like Samsung or countries like China are trying to buy all the production from mines before it is out of the ground).

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▲ 3 ▼
– inspoken 3 points 189 days ago +3 / -0

sell at $200

(only if you are anxious to sell that is but hold at least that long. it'll only be a matter on months)

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– ClemTiger 4 points 189 days ago +4 / -0

Going way higher than $200

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– AngelCole 3 points 189 days ago +3 / -0

I am waiting until the dollar is no longer FR and there are no income taxes. Plus, I want to wait until closer to retirement though with silver, it could be my retirement, depending on how high it goes and what I get for it. 🤭

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– SOGWAP 2 points 189 days ago +2 / -0

Sell for what? Fiat? Not on your life. Ill spend it directly with a merchant or someone im purchasing an item.from.

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– NanoKhuma 2 points 189 days ago +2 / -0

Don't sell, trade for gold, playing the GSR is likely the best move here given USD like going kaput.

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– Standingoak 1 point 188 days ago +1 / -0

Dollar cost average in & OUT. $ 200 should allow most to play with the house's money from that point forward.

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– elwiptx 2 points 189 days ago +2 / -0

Samsung execs didn't land a G650 (In the last few days) near the large mexican silver mine directly bypassing banking system for a silver purchase?

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– ClemTiger 1 point 189 days ago +1 / -0

COMEX is low

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– TaQo 2 points 189 days ago +2 / -0

Comex is asshoe ...

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– Kayleighsbikeseat 2 points 189 days ago +2 / -0

Don’t trust Comex Donard Trump!

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– MZakOne 2 points 189 days ago +2 / -0

By the end of the first quarter of 2026 I believe that silver will be worth three to $400 an ounce one of the reasons for this will be lack of available sellable silver other reasons include use of silver in products, including AI the value of silver has been suppressed by banks mainly Bank of America, who historically has shorted millions of ounces of silver silver can no longer be artificially held down by it.

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– glade 1 point 189 days ago +1 / -0

it's fun to talk to AI about the potential silver prices. Just had one admit that infinity is the squeeze potential but silver could never go over $120 lmao

somehow 120 > infinity

the system is scared

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– CaptainChrisPBacon 1 point 189 days ago +1 / -0

Like any investment, you should not put all your eggs in the same basket. Spread your investments in Blue Chip stockes look at more risky stocks that look like they will grow. Real Esatte investments like rental properties are a excellnt investment. The key to success is hiring someone to be a property manager and lease consultant.

The problem with Silvcer it can crash hard. There was a crash correction in the Middle of December. But it has started rising again. Gold is $4,364.40 with a spike earlier day to $4,380 an ounce. I think it is about time to see my gold I bought in the 80s and 90s. It looks like gold is going to $5,000 an ounce.

The silver price collapse of the 80s and 90s stemmed from the failed attempt by the Hunt brothers (Nelson and William) to corner the silver market in 1980, leading to "Silver Thursday" where prices crashed from nearly $50 to around $10/oz due to forced liquidations. This ushered in a long bear market, with prices falling further to the $3-$7 range through the late 80s and early 90s

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▲ 2 ▼
– Pbman2 2 points 189 days ago +2 / -0

It's real demand,this time,not speculation. And physical silver is in short supply.

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– DanScavino17 2 points 189 days ago +2 / -0

Exactly. It’s unlike any other time in history. The demand is through the roof, with all the new technology, and the supply, according to reports, is dwindling everywhere.

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– GodLovingPatriot 1 point 189 days ago +1 / -0

$67.04 right now.

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– Jcholl9 1 point 189 days ago +1 / -0

Yea, feels good man!

My go to Gold & Silver site https://goldprice.org

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– SOGWAP 1 point 189 days ago +1 / -0

Still a bargain. The ratio is almost wher ill start converting some silver to gold.

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– ClemTiger 3 points 189 days ago +3 / -0

No, silver has way, way more upside. Look at historical ratios. Plus silver has lots of industrial uses

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– ClemTiger 1 point 189 days ago +1 / -0

It's just getting started. Must buy physical. NO Certificates

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– RealityIsBroken 1 point 189 days ago +1 / -0

Psh, and down it goes...

It's been up & down more than elevators!

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– Decimusunum 1 point 189 days ago +1 / -0

Is it going to peak then crash? What’s the sell point?

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– Narg [S] 1 point 189 days ago +1 / -0

Trends are fairly predictable; specific events are not.

My expectation is for a long bull market in precious metals generally, and silver is still cheap relative to its historic value compared to gold. Silver is also more heavily involved in the economy: in electronics, medical devices, solar panels, and much more. Furthermore, the US just recently classified silver as a CRITICAL MINERAL, which means the gov't will be stockpiling it again.

So my guess is that despite the typical ups and downs of pricing -- market prices are always bobbling -- the trend will remain upward for at least a few years.

NOTE: I'm often wrong, I have no inside information that would give me an edge on this topic, and I strongly suggest you do research of your own before making any investment in this (or any) area.

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– Narg [S] 1 point 189 days ago +1 / -0

https://greatawakening.win/p/1ARKERoMKe/the-us-government-officially-des/

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