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Replies: 2,804 / Views: 90,344 |
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Pillar of the Community
United States
1129 Posts |
 $100 on JM Bullion at 8:30 EST  I also saw the huge volume spike on SLV on the market
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Pillar of the Community
 United States
5864 Posts |
APMEX is reporting the same: 
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Moderator
 United States
189935 Posts |
I am waiting for Ktico before I celebrate. Showing $99.53 with high at $99.89. 
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Moderator
 United States
189935 Posts |
Kitco showing $99.61 with high at $99.92! 
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Pillar of the Community
Australia
9467 Posts |
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Valued Member
United States
399 Posts |
I feel like I'm living in a fantasy. I never expected $100 this soon.
So what happens now?
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Pillar of the Community
 United States
5864 Posts |
Kitco is now showing silver above $100 as well:  Time to update the title, jbuck!
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Moderator
 United States
189935 Posts |
Yes, it is official!  
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Pillar of the Community
 United States
5864 Posts |
Of course, now the big question is how long it will stay above $100. I fully expect a lot of people to sell right now, which could drive prices lower.
At the same time, though, I'm sure there are plenty of people who still think silver has a long way to go and are still looking to buy...
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Pillar of the Community
 United States
5864 Posts |
Doesn't show any immediate signs of dropping back down: 
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Moderator
 United States
189935 Posts |
Yes, Kitco new high is $101.01. Sitting at $100.67 now. 
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Pillar of the Community
United States
1129 Posts |
Yup I'm seeing over $101 so it's officially gotten over the $100 psychological level without much resistance.
I'm seeing a little bit of selling but not a huge reaction by any means. At least at this moment.
If word on the street is correct that we're headed to $120++ then breaching this $100 level and holding it may convince more people and institutions to buy more instead of selling. Especially the ones that feared that this was just a bubble.
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Moderator
 United States
189935 Posts |
The journey continues. 
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Bedrock of the Community
United States
36901 Posts |
I think we might see $200 this year!
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Moderator
 United States
189935 Posts |
A bold prediction. One I am disinclined to push against. 
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Replies: 2,804 / Views: 90,344 |