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Replies: 2,660 / Views: 85,429 |
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Moderator
 United States
188322 Posts |
Quote:All right, so I guess the question now is whether silver is ready to hit $50 again...  I say it will sooner rather than later. 
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Pillar of the Community
 Canada
1764 Posts |
Quote: my only real interest is swapping as many fiat dollars for as much Ag Au as possible before the dollar KAboom. it comes with a big slice of peace of mind, turning fake money into real money. This is my way of thinking as well. (as of 12:30 pm today, silver at $68.58 CAD, about $49.00 US). Slowly climbing back towards $50.00 . 
Edited by Sharks 10/23/2025 12:55 pm
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Pillar of the Community
United States
2464 Posts |
it'll get there. 
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Pillar of the Community
 United States
2163 Posts |
Quote: it'll get there. The million-dollar question is: For how long? 
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Moderator
 United States
188322 Posts |
For a long, long time. I predict. 
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Pillar of the Community
United States
2464 Posts |
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Moderator
 United States
188322 Posts |
Stayed north of $49 today. 
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Bedrock of the Community
United States
36744 Posts |
India is making silver a monetary metal. In April 2026 they plan to set the silver-gold ratio at 10:1 when used for bank and non-bank loans. Watch what the price of silver does then. How many other countries will follow. https://www.sgtreport.com/2025/10/i...-money-role/
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Pillar of the Community
 United States
5850 Posts |
Quote: Stayed north of $49 today. Until it didn't... 
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Bedrock of the Community
United States
36744 Posts |
Headed to my local dealer today to swap 3 more Double Eagles for 90% junk silver. GS ratio is still almost 85:1, got to play the ratios.
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Bedrock of the Community
 United States
25172 Posts |
IGE, I read a different article about India yesterday that said the same. This is the part that got my attention: Quote: The new rules expand that privilege to silver jewelry and ornaments, enabling borrowers to pledge up to 10 kilograms of silver or 1 kilogram of gold as collateral for loans of up to #8377;2.5 lakh (approximately $3,000 USD). If anyone here needs $3K and can put up a kilo of gold as collateral, I'd be glad to help.
Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
 United States
188322 Posts |
Quote: India is making silver a monetary metal. In April 2026 they plan to set the silver-gold ratio at 10:1 when used for bank and non-bank loans. Watch what the price of silver does then. How many other countries will follow. 
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Moderator
 United States
188322 Posts |
Quote:Quote: Stayed north of $49 today. Until it didn't...  Yeah. South of $49, but not too far for too long. 
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Moderator
 United States
188322 Posts |
Quote: Headed to my local dealer today to swap 3 more Double Eagles for 90% junk silver. GS ratio is still almost 85:1, got to play the ratios. I hope this works out. 
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Moderator
 United States
188322 Posts |
Quote: If anyone here needs $3K and can put up a kilo of gold as collateral, I'd be glad to help. Do not look at me! 
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Replies: 2,660 / Views: 85,429 |