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Pillar of the Community
United States
5821 Posts |
What with gold now over $4000/ounce (as of the morning of October 8) and silver at $49.36 at the time I write this, do you think silver is finally ready to hit $50 for the first time ever?*
I'm not saying it's going to happen today (although it might), but I am definitely thinking this is the week it will happen.
Anybody else willing to go out on this particular limb with me?
Milestones:
Passed $050—10/09/2025
Passed $060—12/09/2025
Passed $070—12/23/2025
Passed $080—12/28/2025
Passed $090—01/14/2026
Passed $100—01/23/2026
Passed $110—01/26/2026
Passed $120—01/29/2026
Passed $130—?
* And, yes -- I am well aware that, due to inflation and the devalulation of the dollar, the price of silver back in 1980 and even 2011 was much higher than $50 in today's dollars, so there's no need to belabor that point.
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Pillar of the Community
 United States
8724 Posts |
Yes, I have thought it would for a few months now. Thinking hard about unloading some Morgans.  -makecents-
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Pillar of the Community
United States
1747 Posts |
I think it happens next month.
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Pillar of the Community
United States
2829 Posts |
For a few years now, my gut-feeling was that silver was on its way to new ATH's. I've been accumulating silver lots here & there in anticipation of said scenario. I think the price goes over $50 before months end.
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Moderator
 United States
187446 Posts |
I learned my lesson with gold. My answer is yes, before the month ends.  |
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Bedrock of the Community
United States
10029 Posts |
Not choosing to speculate. Weird things happening. About to see Alaska opened up to mining which means more precious metals for the market.
NOT being political by naming sides.
I have made money before knowing when one party is in power, PMs always go up as a safe haven for businessmen fearing the coming economic downturn.
At present PMS are going up and it's not due to that same cause (opposite party in control). This is the first time I have seen this and I am 63.
Obviously I do not have the knowledge to know what is really happening so do not speculate.
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Pillar of the Community
United States
2457 Posts |
yes, silver will achieve $50/oz. probably very soon.
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Pillar of the Community
 United States
5821 Posts |
All right, so maybe not today. But perhaps in overnight trading? We'll see... |
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Moderator
United States
187446 Posts |
Yes. We shall see.  |
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Valued Member
United States
73 Posts |
What would the 1980's price be now? I remember the Hunt brothers buying up all the silver.
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Moderator
United States
187446 Posts |
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Pillar of the Community
United States
2113 Posts |
It has done so twice before; I don't see why not again...  |
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Valued Member
United States
73 Posts |
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Pillar of the Community
United States
8724 Posts |
Yes, thanks, jbuck! Did not want to have that unnecessary conversation, given the OP's askes....
-makecents-
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Bedrock of the Community
United States
10471 Posts |
Quote:
But perhaps in overnight trading?
Continuing to fall a slight bit - Down 20¢ - $48.62 |
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Pillar of the Community
United States
5821 Posts |
As of 7:00 EDT, silver is at $49.97 (according to APMEX). |
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Replies: 2,534 / Views: 82,328 |
Posted 10/08/2025 10:49 am
