Gut Feeling For Silver.

I agree have been buying

It would appear every indicator points to the price only going up. Of course I'm no expert but I'm pretty good at spotting trends in history and we are enterring an era in history where technology will more and more be a part of our lives. And silver is used extensively in technology and Industry along with other primary uses such as jewelry, silverware, coinage....ect

But it is in evolving car battery tech where silvers future really shines. And if car batterys are developed and lithium is replaced then why not every other battery for other devices. We've spoken of this before, silver, silver alloys, and electronics go hand in hand. I worked for a metal recycling place and they had great enthusiasm for silver and silver alloys. They wanted it ; They wanted a lot of it. On the other hand Lithium is a terrible metal to extract and most American mines have closed since the end of the Cold War due to environmental concerns. I do know lithium is extremely important for the development of nuclear weapons. Lithium is difficult and expensive to recycle which is why lead acid batterys are still around.

Silver on the other hand is highly recyclable. The mining of it is often accompanied by copper and gold extraction making it an even more viable PM to invest in its extraction. I assume it also has environmental concerns, off hand I cant say how many but I doubt its as dirty as lithium mining. The important thing is its easy and affordable to recycle. Its also a very important metal to have around in order to convert sunlight into energy, which will only grow in importance in the next era of technology. The use of fossil fuels simply is not sustainable.

So I'm bullish on the long term investment security of a silver stack. I think prices now are cheap when compared to coming years. Like the way it retains energy in batterys I think it will retain investment value.

Costco ,central banks and massive shipments to the US since Christmas has sure helped gold . The general public has not kicked in yet from what I hear. Silver has been in a supply deficit for four years now and its uses are expanding like batteries, solar, medical and electrical . I think its only a matter of time before it takes off. Everything else has moved up due to inflation and silver is below its all time highs (Hunt brothers).

I have only ever bought scrap silver coins at below ASW bullion price, but I also tend to shy away when there is an upward spike in the price that is above the general trend line.

As such, my buying opportunities are few, but that has been my strategy for the last 40 years.
Haven't sold any of them, but I do remember a time when spot silver was below $5 per ounce.

Tend to do the same with numismatic coins generally, especially ancients. Lots of prior price research required, before deciding on a purchase.

https://goccf.com/t/247670&whichpage=43

https://www.coincommunity.com/forum...ic_id=478916

This is dated 2024, but it underscores the point that silver is well below any inflation-adjusted high, though I think we should ignore that highest point from 1980 because it was a result of market manipulation. Maybe the $80 is a more credible number? Still, it's well off its early 21st century high even if it hits $50 this year. Ah, well, time will tell.