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 Replies: 2,719 / Views: 87,278 |
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Pillar of the Community
United States
2477 Posts |
yep, both metals are up for the week, hard to complain about the week's gains & everything still suggests more upside coming. sell-offs/profit-taking before the weekend is not uncommon & not surprising considering silver's rip higher. silver will see $70 soon enough. it really didn't take long to go from $50 to $60.
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Pillar of the Community
United States
757 Posts |
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yep, both metals are up for the week, hard to complain about the week's gains & everything still suggests more upside coming. sell-offs/profit-taking before the weekend is not uncommon & not surprising considering silver's rip higher. silver will see $70 soon enough. it really didn't take long to go from $50 to $60. Yep. Nothing to suggest anything but a quick bounce back from a weak dip to rise again. This was a Christmas sell off and will probably continue some. 2026 is going to be a big year for silver. I'm loading up now as much as I can. |
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Pillar of the Community
Australia
9419 Posts |
Just a point of interest I just saw. An oz of silver is now worth more than a barrel of oil.
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Pillar of the Community
 United States
5191 Posts |
Oil is extremely undervalued. The oil-to-gold ratio is at all time lows.
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Bedrock of the Community
United States
11897 Posts |
Oil is a much more important commodity than gold in the global economy. The oil to gold ratio is a vestige of an era before gold was demonetized internationally by Nixon in the 70s. Ratio is meaningless these days.
What is meaningful in 2025 is that the huge run-ups in gold and silver signify an expectation of global inflation in the near future. That doesn't mean that your silver will purchase more goods and services in the future. It says that people expect the value of gold and silver to remain stable while the value of the U.S. dollar gets cut down by inflation.
Stocks, real estate and gold, after its run-up this year, look overvalued. Silver is trailing in price, along with platinum and palladium, so these assets are catching up in price, for as long as the view that it is undervalued persists.
It is an ominous sign about the value of the dollar, the purchasing power of wages, business profits and investment income. This may benefit silver speculators after decades of pain, but will hurt most average people who don't own the right hard assets, if they own any at all. How many people own enough silver to pay one month of living expenses?
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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Pillar of the Community
United States
5191 Posts |
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China's Ministry of Commerce issued Announcement 2025-No. 68. Buried in bureaucratic language about "environmental protection and resource management" was a simple policy change: Starting January 1st, 2026, silver exports require state-trading licenses. The Game is up. https://no01.substack.com/p/about-a...ilver-pirate |
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Moderator
 United States
189010 Posts |
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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. I have to agree. That is a bit too far for comfort. $100 I can stomach. $600? We would have bigger problems then! |
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Bedrock of the Community
United States
12477 Posts |
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That is a bit too far for comfort. $100 I can stomach. $600? We would have bigger problems then! I agree, but considering I just bought back into the game over this weekend, how about $200?  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Moderator
United States
189010 Posts |
Quote:I agree, but considering I just bought back into the game over this weekend, how about $200?  |
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Bedrock of the Community
United States
36808 Posts |
It took the crooks 1 billion paper ounces of silver and a margin increase rule change last Friday to drive prices down 3 bucks. Shanghai is doing a margin increase requirement change tonight in an attempt to drive it down again. Looks like the big banksters are really panicking now. Hold on to your silver.
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Pillar of the Community
 United States
5857 Posts |
Back up to $64 to start the week.
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Valued Member
United States
396 Posts |
APMEX selling American Eagles for $74.16 this morning. I did not expect to see Eagles selling for $75 in 2025 but we are almost there.
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Pillar of the Community
United States
5857 Posts |
That's crazy! I'm used to seeing high premiums when silver prices have started to drop sharply, since sellers have to avoid losing money they spent when silver was higher, but usually when silver is going up the premiums come down since the sellers bought the silver a lower prices and don't need to use high premiums to make a profit.
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Valued Member
United States
396 Posts |
Especially crazy since there does not seem to be a shortage. You can still buy 1500 with a $2 discount. Anyone here paying these prices?
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Moderator
United States
189010 Posts |
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Back up to $64 to start the week. A few cents below it right now. High was $64.14.  Quote: APMEX selling American Eagles for $74.16 this morning. I did not expect to see Eagles selling for $75 in 2025 but we are almost there.  |
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Posted 12/13/2025 4:23 pm
