I'll Sell When Gold Hits $1750

I can sell a hundred more or a few hundred more. Probably should sell a few hundred more.

 

Then buy something else. Platinum, palladium or ammo.

 

Gold is $4500 and silver is $71! DAMN!

 

I know ,, freeking crazy ,,, I've been wanting to but some more ,, but these prices are freeking crazy. The last time I bought on an upswing,, it dropped 20 bucks an ounce a few weeks later ,,,

 

When I looked this morning silver was over $72. I got my family some 1oz silver coins in Oct for around $50 an oz. Not a bad return and they haven't even received their gifts yet.

 

Reckon its about time to do some mining...when it warms up!

 

There was a gold rush in the South about 200 years ago, but most of it was found in North Carolina and Georgia. There was a little, very little, found in eastern Alabama, and while you can still pan for gold in streams in those areas, I doubt that you will find more than a little color.

 

Thinking AK,

 

Too cold and too far away. I'll let somebody else do the heavy lifting and I'll just buy it.

 

I've been procrastinating. I better sell that next $9,000 worth.
If anyone wants to buy I'll sell it you at spot.

 

AG is breaking out !!
Sloth

 

Silver is $76 per oz.! This is being driven by industrial demand in everything from A.I., solar power, data centers, robotics, EVs, etc. and that isn't about to stop anything soon...unless they run out of silver. Mining operations produce about 820-850 million oz. of silver per year, and we are using 1.2 billion oz. per year and that demand is growing. Silver is the preferred metal in many applications because it's the most conductive element known, using silver means less resistance, less heat, more efficiency and speed. Gold and copper could be used in some applications, but gold is too expensive, and neither is as good as silver. A.I. isn't going away, too much has been invested in it, and we have been told that our future depends upon it. So, unless someone discovers a new mountain of silver the price is going to go up, up, up!
The prices of gold and silver have been kept artificially low for nearly a century. In ancient times gold and silver traded at 1-15, and U.S. coinage was 1-25. We could see silver go to $180-200 per oz.!

 

Holy crap ,, silver is at $ 79.48 an oz,,
I don't know if I'll ever be buying silver again at these prices . My luck,, I'd buy this week at 80 bucks ,, next week it drops to 40 ,,, but I keep putting it off and it'll shoot up to $ 150.00 .plus ,,,

 

Have a look at the charts from 10 years ago Below
Silver Price Today | Price of Silver Per Ounce | 24 Hour Spot Chart | KITCO

 

Theres a road up there that glitters in the sunlight as the mining co. used the spoils for road bedding, Now its worth something to us little people!

 

Have a Watch gents !!
Its FRYDAY , lets see what next tue brings !!

 

You do realize asian man channels are chinese psyop right? Even though the silver market had some issue’s fundamentally there was no real catalyst to cause this at this time. I think china is manipulating the shanghai market to break the comex.

 

If China can corner the market on silver the rest of the world will be left out in the cold technology wise. You don't need rare earth minerals when you haven't even got silver.

 

YUP and just watch ,, as I read hear that the power failure stopped the Comex , and they pulled the plug ,, WATCH , Tue resentment, Buying tomorrow , Been at this since 1965

 

Paper contracts for physical silver delivery will be declared Force Majure and settled in dollars .. it's already one of the emergency options that exist in the futures contracts.
Those that need physical delivery will need to modify their Just in time methodology and go back to inventorying silver for their production needs. Kinda like we used to do.
So spot price will better reflect the actual price.
And the futures price will be meaningless or a prediction market like vegas.