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Is Silver Ready To Hit $50 - 1/29/2026: Will It Hit $130? - Previous Milestones In First Post

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jbuck's Avatar
United States
189340 Posts
 Posted 06/24/2026  09:23 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
We have broke below $60. Living in the ~$58 zone now.

I was never going to cash in. Coins have always been a consumable for me, not an investment. It just felt good knowing I was ahead of the what I paid for my US Mint silver coins.

Oh well.
Valued Member
United States
397 Posts
 Posted 06/24/2026  09:23 am  Show Profile   Bookmark this reply Add dar76124 to your friends list Get a Link to this Reply
I still see way too much optimism on here. I think we will see the 30's. Feel free to tell me I'm wrong.

I lost an auction yesterday and I'm glad since between the time I placed my bid and the end of the auction silver dropped almost 20%.
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Dearborn's Avatar
United States
97314 Posts
 Posted 06/24/2026  10:36 am  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

Quote:
I think we will see the 30's. Feel free to tell me I'm wrong.

I've been saying that since the start of this run-up.
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jbuck's Avatar
United States
189340 Posts
 Posted 06/24/2026  10:43 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Invested in dividend paying stocks or Tbills pays income
Despite the worst efforts of Taco or Tofu or whatever you want to call it, my portfolio is doing well this year (~18%) thanks to their diversity and lessons from my father.
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barryg's Avatar
United States
5862 Posts
 Posted 06/24/2026  11:15 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
I was never going to cash in.

Well, I wasn't planning to cash in all my silver. Or even a substantial portion, to be honest. I was hoping, though, to trade a bag of 400+ Franklin half dollars for a few really nice collectible coins, thinking I could get anywhere from $10K-15K for the lot. Right now, though, that bag is only worth around $8900 and I fear it will keep dropping...
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jbuck's Avatar
United States
189340 Posts
 Posted 06/24/2026  11:35 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Oh, a trade is fine! Back in the late 90s I traded a batch of CRH silver half dollars for "store credit" which I used to finish my Franklin half dollar Dansco album. The spot price did not really matter—it was a trade of silver for silver.
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jbuck's Avatar
United States
189340 Posts
 Posted 06/24/2026  11:36 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
We have some sideways chop going on today. I guess that is the pattern, daytime goes sideways, nighttime takes it down.
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Harry213's Avatar
United States
1126 Posts
 Posted 06/24/2026  12:18 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
Anyone have issues getting on this forum through the mobile app this morning
I was thinking maybe the forum server's got overloaded with all the Silver Bear's (maybe silver haters is a more fitting name)? Joking, not joking.

You know what I did as soon as Market's opened today?
Yup, I bought the dip. Silver is officially in what they call Oversold territory. Don't take my word for it though.

As for the talk about silver as an "investment". I think the majority of people on here buy Silver as a collectable, as a hobby or to have something to sell when cash is needed. Or for trading purposes.

But if you ask ALL the people that bought at $20-$30 and sold at $90,$80,$70 or even $60, if silver was a "bad investment"? They'd probably fall on the floor laughing at you while saying heck yeah. Tripling your money is good.

As for the claims of being victimized and abused for calling $50 silver, just stop it, go back and read your posts, no one has ever been "hammered" for calling $50, what they have been hammered for is for judging, criticising, mocking, or in some other way basically saying people are idiots for their choices of buying Silver at $90 or $80. Or for believing silver should go higher.

It's no one's business what other people do with their money or when or what they spend it on. If someone buys or sells at $90 or $30 is not anyone else's choice to make or to criticize. Or wether they used a magic 8 ball, a psychic or a chart to make their buying or selling or "investment" decisions, also no one's business to judge and criticize.

The troll like behavior of a couple of people jumping on here in the past only when Silver was down, to say things like "you metal heads never learn", or in other words calling people used car salesman, dreamers, scammers, pumper's.

Instead of telling people when or when not to buy how about telling us what you're buying or selling? And if you're not buying, selling, trading or have no desire to own any this yucky "horrible" silver than why are you even on here?

As for me I'm going to be in Silver and metals in one form or another whether it's at $90 or $58.. I have no intention of selling any of my physical which I acquired between $26 and $11 so yeah I'd say it was a good investment even though that's not what I bought it for. And thankfully I'm fortunate enough today to be able to buy whenever I want and don't have to hope and wait for $50 or $30.
Edited by Harry213
06/24/2026 12:54 pm
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hfjacinto's Avatar
United States
7292 Posts
 Posted 06/24/2026  12:24 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Pretty soon I'll start buying silver again.
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jbuck's Avatar
United States
189340 Posts
 Posted 06/24/2026  12:34 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Anyone have issues getting on this forum through the mobile app this morning
Not just mobile. Both sites were inaccessible—coin and stamp. There was a network outage at our host.
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Harry213's Avatar
United States
1126 Posts
 Posted 06/24/2026  12:47 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

Quote:
Pretty soon I'll start buying silver again.

Great

I think a lot of people are going to start buying again soon.
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Harry213's Avatar
United States
1126 Posts
 Posted 06/24/2026  12:50 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply

Quote:
Not just mobile. Both sites were inaccessible—coin and stamp. There was a network outage at our host.

Ahh okay makes sense now.

I was getting "network error" screens for so long I gave up trying.
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Harry213's Avatar
United States
1126 Posts
 Posted 06/24/2026  1:32 pm  Show Profile   Bookmark this reply Add Harry213 to your friends list Get a Link to this Reply
Right now the only coin's I'm missing in my collection or that I have any interest in buying are either Key dates, Semi-key dates or their silver content and value is insignificant compared to the coin's collectable value. Even if silver was over $100 an ounce.

An example of a "cheap" silver coin thats on my want list is a higher grade maybe MS64 or 65 Lincoln commemorative dollar. Silver's spot price doesn't come close.

Or a 1916-D Barber dime, even a smoothie is worth far beyond spot silver. Outside of that I have no interest in buying what is often referred to as junk silver (coins only worth the silver they contain) nor do I recommend at these prices, even though I already own enough of them.

I've never been into buying any mint products directly from the mint, I've gotten all of mine on the secondary market from dealers and shows and will continue that way unless it's something I absolutely 'must have'.
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barryg's Avatar
United States
5862 Posts
 Posted 06/24/2026  1:51 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
Right now the only coin's I'm missing in my collection or that I have any interest in buying are either Key dates, Semi-key dates or their silver content and value is insignificant compared to the coin's collectable value. Even if silver was over $100 an ounce.

I'm in the same boat, except that I also occasionally look for upgrades to coins I currently own. I already had a 1921 Peace dollar in MS63, for example, but at least year's show I traded a bunch of silver quarters for a really nice example in MS66. This year I'm hoping to be able to trade for something like an 1889-CC Morgan dollar in halfway decent condition, an 1877 Indian Head cent in MS61-63 range, and/or a few more such coins.

I could always just pay cash, I suppose, but I feel better when I trade since I don't see a hit to my bank account (and neither does my wife)...
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jbuck's Avatar
United States
189340 Posts
 Posted 06/24/2026  2:00 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Right now the only coin's I'm missing in my collection or that I have any interest in buying are either Key dates...
I only need (want) three coins. Just one is silver and it is way over melt.
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