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Silver Stubornly Stays Above $50

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IndianGoldEagle's Avatar
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 Posted 11/21/2025  6:07 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Another week closed above $50. The pressure cooker is building up steam.
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jbuck's Avatar
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187851 Posts
 Posted 11/24/2025  12:00 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Another week closed above $50. The pressure cooker is building up steam.
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 Posted 11/24/2025  2:18 pm  Show Profile   Bookmark this reply Add Silverskunk to your friends list Get a Link to this Reply
Yesterday I called a $50 floor the new normal. We shall see.
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HondoB's Avatar
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 Posted 11/24/2025  3:45 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
It looks good above $51.
Inordinately fascinated by bits of metal with strange markings and figures
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barryg's Avatar
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MrPink2018's Avatar
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 Posted 11/24/2025  9:50 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
today's gains were good. the roaches won't sit for that for too long and will most likely be dumping paper soon.
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jbuck's Avatar
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IndianGoldEagle's Avatar
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 Posted 11/26/2025  6:16 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Nice $2 bump up today. $53+ now.
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HondoB's Avatar
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 Posted 11/27/2025  9:39 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
I'd never looked at spot prices on a holiday. Tomorrow will be interesting.
Silver-Stubornly-Stays-Above-$50
Inordinately fascinated by bits of metal with strange markings and figures
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IndianGoldEagle's Avatar
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 Posted 11/28/2025  09:38 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
55.06 on Kitco right now.
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IndianGoldEagle's Avatar
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 Posted 11/28/2025  1:39 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
COMEX shut down trading last night while silver was in a big run. They claim cooling issues at the data center. BS, only silver had issues as no other customers reported issues. They are losing control. Silver is currently up almost 6% to 56.57. Lets see where we close today.
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MrPink2018's Avatar
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 Posted 11/28/2025  1:57 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
nice decisive punch up through $54 and $55 & $56. wow. the roaches are scurrying now, for sure.
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jbuck's Avatar
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 Posted 11/30/2025  2:15 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
They claim cooling issues at the data center.
It is plausible. However, I say that with one eyebrow raised and my spidey sense reminding me we are dealing with potential conflicts of interest.
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IndianGoldEagle's Avatar
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 Posted 12/01/2025  08:51 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
JP Morgan moved their NY gold trading crew to Singapore last Thursday with no warning. Why? Maybe to swing over night trading prices in a thin Asia market in a direction they want it to go?
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