Shine on you crazy silver....

tincup

Well, the actual Pink Floyd words are 'shine on you crazy diamond'. But with lots of attention going to gold's performance right now, let's not forget lowly silver is showing quite a flash right now also.

The poor man's gold!

jmski52

Percentage-wise, silver has been killin' it, compared to gold for the past week at least.

pmbug

It's about d**n time!

Meltdown

Let's go!!

Clackamas1

Love being in the gutter today.

Clackamas1

@jmski52 said:
Percentage-wise, silver has been killin' it, compared to gold for the past week at least.

In the last year. You can always buy a loaf of bread with a silver dime.

DoubleEagle59

Love this run-up, but I'm preparing myself for the inevitable super smack down.

blitzdude

@jmski52 said:
Percentage-wise, silver has been killin' it, compared to gold for the past week at least.

Past week, how about the past decades? LOL gutter is back where it was 2 years ago, half what it was a decade and a half ago, half of what it was 4.5 decades ago. RGDS!

RiveraFamilyCollect

"Sail on, sail on silver."
-Jimmy

Mike59

Last 5 years or so silver prices had some disappointing times but I was able to add a boatload of 90% and a bunch of bars and rounds. Was also smart enough to buy some Pre-33 gold and modern bullion. It’s always Nice to feel like u made a smart investment decision.
Mike

Clackamas1

@blitzdude said:

@jmski52 said:
Percentage-wise, silver has been killin' it, compared to gold for the past week at least.

Past week, how about the past decades? LOL gutter is back where it was 2 years ago, half what it was a decade and a half ago, half of what it was 4.5 decades ago. RGDS!

You seem to buy poorly. I have never lost money on it.

tincup

Yikes..,,.,. up over 4% right now.,,.., over $27. But yes, expect the obligatory smackdown at some time.

blitzdude

@Clackamas1 said:

@blitzdude said:

@jmski52 said:
Percentage-wise, silver has been killin' it, compared to gold for the past week at least.

Past week, how about the past decades? LOL gutter is back where it was 2 years ago, half what it was a decade and a half ago, half of what it was 4.5 decades ago. RGDS!

You seem to buy poorly. I have never lost money on it.

Who lost money? Certainly not me....I just made much more elsewhere....and...That's why they call it life in the gutter. RGDS!

rte592

@Clackamas1 said:

@jmski52 said:
Percentage-wise, silver has been killin' it, compared to gold for the past week at least.

In the last year. You can always buy a loaf of bread with a silver dime.

Not a kneaders
About 3 sliver dimes.

Estil

When I was a kid (late 80s) our city's motto was Shine On! We even had a neat song about it...I wish someone had a copy and could put it on YouTube or something...

Estil

@blitzdude said:

Who lost money? Certainly not me....I just made much more elsewhere....and...That's why they call it life in the gutter. RGDS!

So you'd consider Yukon Cornelius an even worse traitor than Benedict Arnold or Benerick Pitino? After all he originally wanted gold but then he changed his mind!

RedneckHB

Game on boys!!

meluaufeet

Waiting for the CME margin requirement to rise.

Clackamas1

Spot $27.66 USD

jmski52

Spot $27.66 USD

I believe you mean Comex May Futures.

Spot is around $27.27

MsMorrisine

there are no man-made silvers. truth.

VanHalen

Is 2024 the year silver hits $30 again?

TwoSides2aCoin

Still underpriced but these levels are shaking it out.

tincup

Now above $28.... !

I remember some disappointed posters awhile back were saying if silver gets back to $28... they were going to dump it.

How many of you are doing so?

tincup

Or are you going to keep on the ride, for how ever long it goes?

bestmr

$40 is my tipping point. I’m running out of room in my safe!

pmbug

India is buying a lot of silver...

https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-february-silver-imports-hit-record-and-set-to-rise-66-this-year/articleshow/109133286.cms

derryb

blitzdude

@derryb said:

Oh Snap! :roll #GoIndia THKS!

derryb

Oh Snap! :troll

Estil

@derryb said:

I would've thought they'd want gold...but I guess they changed their mind!

RedneckHB

@derryb said:

Didn't silver price peak during those spikes?

jmski52

India has always liked silver, and gold as well. Silver consumption is up, production is down. India is only one factor in the rising price of silver right now. China is after all of the commodities, including silver. Solar panel and weapons production are also significant factors.

VanHalen

Remember April 2011? This reminds me of that 30% move up.

$35 silver by the end of the month?

jmski52

I kinda ignored 2011, but I note that some of the collectible bullion coins that I bought in 2012 are lower mintage, and have premiums because of that.

$35 silver by month’s end is possible in this environment.

I’m wondering if high spot prices are going to result in a few scarcities down the road.

pmbug

@Estil said:

I would've thought they'd want gold...but I guess they changed their mind!

Pretty sure they are buying both.

DoubleEagle59

It's starting to really run.......

tincup

@DoubleEagle59 said:
It's starting to really run.......

Sure looks like it. $29.58..... something sure seems to be in play.

And those who declared they would dump all they had when it reached $27 - $28.... should be very happy now to be rid of the barbarous metal.

carew4me

I know GutterBoy has a a bunch of 2011 era SAE rolls he's had death grip on for many years

blitzdude

@tincup said:

@DoubleEagle59 said:
It's starting to really run.......

Sure looks like it. $29.58..... something sure seems to be in play.

And those who declared they would dump all they had when it reached $27 - $28.... should be very happy now to be rid of the barbarous metal.

I got thousands of ounces of gutter, both physical and paper. The paper sells with the click of a button, the physical you have to find someone dumb enough to buy it. I have some recent sales on CL @ +$4 on ASE but it's not like they are lining up to buy. RGDS!

FrankH

Happiness is ..... NOT BEING IN A COIN SHOP TODAY !!!

Estil

@blitzdude said:

I got thousands of ounces of gutter, both physical and paper. The paper sells with the click of a button, the physical you have to find someone dumb enough to buy it. I have some recent sales on CL @ +$4 on ASE but it's not like they are lining up to buy. RGDS!

What a hypocrite!! Here you were telling us over and over and over how the so-called "gutter metal" was beneath you! And for the record I am not "dumb". Just really tapped out until those damn unclaimed property checks arrive...

asheland

@FrankH said:
Happiness is ..... NOT BEING IN A COIN SHOP TODAY !!!

I can vouch for that, today was very busy with people selling

I don’t particularly like buying at these prices, but this bar was cool enough to make me go ahead and pull the trigger one more time on 100 ounces…

This vintage bar came in today and I couldn’t pass it up. Plus, I got $.50 under!

Downtown1974

Killer bar @asheland.
Man, you have had a great couple of weeks. Some monster gold newps and now that JM brick.
Way to go, bud!

asheland

@Downtown1974 said:
Killer bar @asheland.
Man, you have had a great couple of weeks. Some monster gold newps and now that JM brick.
Way to go, bud!

Thanks man. 👍

dcarr

@blitzdude said:

@tincup said:

@DoubleEagle59 said:
It's starting to really run.......

Sure looks like it. $29.58..... something sure seems to be in play.

And those who declared they would dump all they had when it reached $27 - $28.... should be very happy now to be rid of the barbarous metal.

I got thousands of ounces of gutter, both physical and paper. The paper sells with the click of a button, the physical you have to find someone dumb enough to buy it. I have some recent sales on CL @ +$4 on ASE but it's not like they are lining up to buy. RGDS!

.

You bought silver, apparently.
So you are dumb ?

PS:
$4 over on Silver Eagles seems high right now. My local coin shops sell at about +$3.

.

blitzdude

@dcarr said:

@blitzdude said:

@tincup said:

@DoubleEagle59 said:
It's starting to really run.......

Sure looks like it. $29.58..... something sure seems to be in play.

And those who declared they would dump all they had when it reached $27 - $28.... should be very happy now to be rid of the barbarous metal.

I got thousands of ounces of gutter, both physical and paper. The paper sells with the click of a button, the physical you have to find someone dumb enough to buy it. I have some recent sales on CL @ +$4 on ASE but it's not like they are lining up to buy. RGDS!

.

You bought silver, apparently.
So you are dumb ?

PS:
$4 over on Silver Eagles seems high right now. My local coin shops sell at about +$3.

.

Yup, I was an idiot. Certainly not one of my better investments. THKS!

tincup

What goes up.... must come down.,... then goes back up again? I certainly don't try to predict what is going to happen.... just goes along for the ride whichever direction.

blitzdude

All you need to remember is gutter goes up, gutter goes down, but mostly down. Plan accordingly. RGDS!

BearlyHere

@bestmr said:
$40 is my tipping point. I’m running out of room in my safe!

You too?
1st world problems.

Goldminers