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Replies: 2,700 / Views: 86,857 |
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Pillar of the Community
 United States
5855 Posts |
Can we quote you on that, jbuck? 
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Bedrock of the Community
United States
36782 Posts |
I think you could be right jbuck. They are scrambling all this month to find the silver to meet contract deliveries on COMEX.
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Moderator
 United States
188770 Posts |
Quote:Can we quote you on that, jbuck?  Knowin' nothin' in life, but to be legit, don't quote me boy 'cause I ain't said...  Quote: I think you could be right jbuck. Time will tell. And a short time it is. 
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Pillar of the Community
United States
1775 Posts |
I'll go ahead and call $70 before the end of the month. Short term the vaults are being emptied. I think it can stabilize in Q1 2026 and prices may pull back. Long term though, up and to the right.
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Bedrock of the Community
United States
36782 Posts |
With the short fall of available physical silver in the market, I think every delivery month for COMEX is going to be a challenge. We haven't seen anything yet.
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Pillar of the Community
United States
2477 Posts |
rate cut announcement yet? maybe at 2:30... but I see both metals spiking upward...
Edited by MrPink2018 12/10/2025 2:12 pm
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Moderator
 United States
188770 Posts |
Quote: rate cut announcement yet? maybe at 2:30... but I see both metals spiking upward... 
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Moderator
 United States
188770 Posts |
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Pillar of the Community
United States
2477 Posts |
and now spiking back down... I just watched a few words from powell, but because I can't stand that guy or his voice I had to dip.
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Bedrock of the Community
United States
36782 Posts |
Normally rate cuts equal more inflation hence metals usually rise with that. The whole economic system is now just a paper illusion and the public sleeps through it. Metals are our only financial life preserver.
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Pillar of the Community
 United States
5855 Posts |
Whoomp, there it is! I'm assuming the sudden spike is due to the recent announcement by the Fed that they are lowering interest rates again.
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Moderator
 United States
188770 Posts |
Silver has been going up since just before 3PM. Kitco has it at B $61.57 A $61.69. New high this day is $61.77. 
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Pillar of the Community
United States
2477 Posts |
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Moderator
 United States
188770 Posts |
$61.91 briefly. $61.76 now. That qualifies as hanging around $60. My earlier prediction is safe. 
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Moderator
 United States
188770 Posts |
Still hovering. What will tomorrow bring. 
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Replies: 2,700 / Views: 86,857 |