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 Replies: 2,716 / Views: 87,225 |
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Bedrock of the Community
United States
36806 Posts |
The prices we are dealing with right now are based on the paper market. That same market that has 359 paper ounces of silver sold for every 1 ounce of physical they have. Where is the real price going to be? Would it be 359 x $63 at todays price? I can hear the keys on the calculator going right now.
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Pillar of the Community
Australia
9419 Posts |
I hope that prediction for March is correct. I could pay off my mortgage and have lot's left over to add to my retirement fund. :)
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Bedrock of the Community
United States
36806 Posts |
You may get your wish triggersmob.
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Pillar of the Community
Australia
9419 Posts |
I certainly hope so. I'm now 67, so I can retire anytime, but still have about 15 years left on my mortgage. I bought 259 oz from Perth Mint around 2012, as I was advised that silver might be set to rise, which it did. It got to about AUD$40, so I could have doubled my money, but I waited too long and it crashed again. I've been waiting a long time for the boom to come again. With the exchange rate, silver is just over AUD$95.50 now. |
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Pillar of the Community
 United States
5191 Posts |
If you have a fixed-rate mortgage, I don't see a reason to pay it off early.
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Pillar of the Community
Australia
9419 Posts |
No, not a fixed rate, it's variable rate. Not sure if I would pay it off, or just add more to the offset to lower the interest.
That way I could keep drawing on it, if I need to and I could pay it off sooner.
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Pillar of the Community
United States
2340 Posts |
Quote:
I hope that prediction for March is correct. That's cool and all...but who are we selling too or who's buying at that price? smat |
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Valued Member
United States
396 Posts |
Silver Eagles on APMEX right now $72.73. I did not expect this to happen this soon. (If you buy 1500 you get a $2 discount in case anyone needs to burn through 105K) |
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Bedrock of the Community
United States
11896 Posts |
Looks like silver is about to cross $65 today.  IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Bedrock of the Community
United States
36806 Posts |
Quote:
That's cool and all...but who are we selling too or who's buying at that price? There will always be buyers, money to be made. Silver is needed for industry so there will be middle men acting between the public and the end user. |
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Pillar of the Community
United States
1775 Posts |
If we hit the March prediction, the economy will be a disaster. As an owner of silver I am not desiring that price. Coin collection will cease to exist and inflation will be through the roof.
Be careful what you wish for.
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Pillar of the Community
 United States
5857 Posts |
Ooooh... bit of a smackdown there. Silver just dropped something like $3 in a matter of minutes.
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Bedrock of the Community
United States
36806 Posts |
It costs them hundreds of millions and that's all they can smack it now? It's all the way down to $60! Just a few days ago $60 was a big deal, now that looks low?
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Bedrock of the Community
United States
36806 Posts |
Coming back up, almost up to $62 now. Silver will win the war with the banksters. Don't bet against the most undervalued metal on earth.
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Bedrock of the Community
 United States
10580 Posts |
Closed at $61.87 for the week - should be a good starting point for next week...........
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Replies: 2,716 / Views: 87,225 |
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Posted 12/11/2025 7:17 pm
