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Silver Hits $100

Mike59Mike59 Posts: 424 ✭✭✭✭
in Precious Metals

Wow 🤩 , just wish it happened a bit later in the year. It moved like it was possessed.
Remember where you were when it happened.
Mike

MIKE B.

Comments

  • GoldFinger1969GoldFinger1969 Posts: 3,373 ✭✭✭✭✭

    It looks like a blow-off top but the higher it goes the higher should be the base of support.

  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,535 ✭✭✭✭✭

    On my Kitco app I see a high of 99.66 and 99.44 currently.

    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163

    March of Time - 27 Centuries in Gold
    https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=36590
  • softparadesoftparade Posts: 9,912 ✭✭✭✭✭

    Premature postulation.

    COPPER is gutter !

  • logger7logger7 Posts: 9,491 ✭✭✭✭✭

    BLUE SKY BREAKOUT! We're going a lot higher from these levels....https://goldsilver.ai/metal-prices/shanghai-silver-price

  • GoldbullyGoldbully Posts: 18,418 ✭✭✭✭✭
    edited January 23, 2026 8:16AM

    as of now................

  • fcfc Posts: 12,804 ✭✭✭
    edited January 23, 2026 8:54AM

    Welp.. target reached. I just sold a chunk to JM Bullion. Time to lock in some profits and figure out what to do next. The price of silver makes very little sense to me over the medium and long term. Since when has silver ever held on to these over exuberant rallies? Yea.. never... In due time I can see silver below 40 an oz again. I always felt that buying metals was the easy part. Knowing when to sell is a lot harder for many.

  • fcfc Posts: 12,804 ✭✭✭
    edited January 23, 2026 9:00AM

    @Bayard1908 said:

    @GoldFinger1969 said:
    It looks like a blow-off top but the higher it goes the higher should be the base of support.

    Don't think so. I remember 1980 and this looks nothing like it. Suspect that we're quickly heading to $120 or higher.

    But for how long will it stay that high? I can also see it hitting 120 for a short period of time. Great if it touches it. But what will you do when month after month it starts sinking... and keeps sinking... just hold and hope it goes to 120 again in 10 years?

    The current price of silver is a GIFT to people who bought and stacked over the last decade or longer. Talk about a big win if you just let some of it go for a multi bagger profit. I am not going to be buried with this stuff. I want to enjoy it while I am still young. Not 80+ years old and can barely leave the house.

  • softparadesoftparade Posts: 9,912 ✭✭✭✭✭

    @fc said:

    @Bayard1908 said:

    @GoldFinger1969 said:
    It looks like a blow-off top but the higher it goes the higher should be the base of support.

    Don't think so. I remember 1980 and this looks nothing like it. Suspect that we're quickly heading to $120 or higher.

    But for how long will it stay that high? I can also see it hitting 120 for a short period of time. Great if it touches it. But what will you do when month after month it starts sinking... and keeps sinking... just hold and hope it goes to 120 again in 10 years?

    The current price of silver is a GIFT to people who bought and stacked over the last decade or longer. Talk about a big win if you just let some of it go for a multi bagger profit. I am not going to be buried with this stuff. I want to enjoy it while I am still young. Not 80+ years old and can barely leave the house.

    You must not be paying attention to the underlying reasons we are where we are. You will never see $40 silver again.

    COPPER is gutter !

  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,535 ✭✭✭✭✭

    @fc said:

    @Bayard1908 said:

    @GoldFinger1969 said:
    It looks like a blow-off top but the higher it goes the higher should be the base of support.

    Don't think so. I remember 1980 and this looks nothing like it. Suspect that we're quickly heading to $120 or higher.

    But for how long will it stay that high? I can also see it hitting 120 for a short period of time. Great if it touches it. But what will you do when month after month it starts sinking... and keeps sinking... just hold and hope it goes to 120 again in 10 years?

    The current price of silver is a GIFT to people who bought and stacked over the last decade or longer. Talk about a big win if you just let some of it go for a multi bagger profit.

    How long will it stay at or near $100. Its just unknown.

    All my purchases of silver were pre 2018. Silver price can sink a lot without troubling me.

    I would caution any first time buyer to carefully consider the multiple dollar daily price swings.

    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163

    March of Time - 27 Centuries in Gold
    https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=36590
  • fcfc Posts: 12,804 ✭✭✭

    @softparade said:

    @fc said:

    @Bayard1908 said:

    @GoldFinger1969 said:
    It looks like a blow-off top but the higher it goes the higher should be the base of support.

    Don't think so. I remember 1980 and this looks nothing like it. Suspect that we're quickly heading to $120 or higher.

    But for how long will it stay that high? I can also see it hitting 120 for a short period of time. Great if it touches it. But what will you do when month after month it starts sinking... and keeps sinking... just hold and hope it goes to 120 again in 10 years?

    The current price of silver is a GIFT to people who bought and stacked over the last decade or longer. Talk about a big win if you just let some of it go for a multi bagger profit. I am not going to be buried with this stuff. I want to enjoy it while I am still young. Not 80+ years old and can barely leave the house.

    You must not be paying attention to the underlying reasons we are where we are. You will never see $40 silver again.

    I read the news. I read this forum as a lurker. I am aware of the reasons which people seem to always list out in different variations which is a sign of the times. Just like there are always "reasons" in the past. Which those reasons can change in 12-24 months like they always do. The fundamental reasons might mean a higher silver price but not what we see today. Whatever is causing the price spike is not a fundamental reason like industry or what have you. It will change.

    But whatever right? Each person has to make up their own minds here. I barely post but just wanted to join in on the 100 dollar celebration silver to say I am starting to sell.

  • softparadesoftparade Posts: 9,912 ✭✭✭✭✭
    edited January 23, 2026 9:19AM

    @fc said:

    @softparade said:

    @fc said:

    @Bayard1908 said:

    @GoldFinger1969 said:
    It looks like a blow-off top but the higher it goes the higher should be the base of support.

    Don't think so. I remember 1980 and this looks nothing like it. Suspect that we're quickly heading to $120 or higher.

    But for how long will it stay that high? I can also see it hitting 120 for a short period of time. Great if it touches it. But what will you do when month after month it starts sinking... and keeps sinking... just hold and hope it goes to 120 again in 10 years?

    The current price of silver is a GIFT to people who bought and stacked over the last decade or longer. Talk about a big win if you just let some of it go for a multi bagger profit. I am not going to be buried with this stuff. I want to enjoy it while I am still young. Not 80+ years old and can barely leave the house.

    You must not be paying attention to the underlying reasons we are where we are. You will never see $40 silver again.

    I read the news. I read this forum as a lurker. I am aware of the reasons which people seem to always list out in different variations which is a sign of the times. Just like there are always "reasons" in the past. Which those reasons can change in 12-24 months like they always do. The fundamental reasons might mean a higher silver price but not what we see today. Whatever is causing the price spike is not a fundamental reason like industry or what have you. It will change.

    But whatever right? Each person has to make up their own minds here. I barely post but just wanted to join in on the 100 dollar celebration silver to say I am starting to sell.

    There will be dips for sure! Perhaps significant> But this ain't our grandpappy's or fathers silver.

    COPPER is gutter !

  • johnny9434johnny9434 Posts: 31,306 ✭✭✭✭✭

    thats wicked cool to see

  • jmski52jmski52 Posts: 23,925 ✭✭✭✭✭

    Whatever is causing the price spike is not a fundamental reason like industry or what have you. It will change.

    That's where you are wrong. It's all about fundamentals but yes, it will change and probably in many ways.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • OverdateOverdate Posts: 7,306 ✭✭✭✭✭
    edited January 23, 2026 10:20AM

    @fc said:

    @Bayard1908 said:

    @GoldFinger1969 said:
    It looks like a blow-off top but the higher it goes the higher should be the base of support.

    Don't think so. I remember 1980 and this looks nothing like it. Suspect that we're quickly heading to $120 or higher.

    But for how long will it stay that high? I can also see it hitting 120 for a short period of time. Great if it touches it. But what will you do when month after month it starts sinking... and keeps sinking... just hold and hope it goes to 120 again in 10 years?

    The current price of silver is a GIFT to people who bought and stacked over the last decade or longer. Talk about a big win if you just let some of it go for a multi bagger profit. I am not going to be buried with this stuff. I want to enjoy it while I am still young. Not 80+ years old and can barely leave the house.

    I'm 80+ and can leave the house quite easily, thank you. I remember when gold was under $100 an ounce and some people were saying much the same thing. I agree that it might make sense to sell some silver for diversification or enjoyment, but not because of what transpired in 1980 when silver reached $204 in inflation-adjusted dollars.

  • OverdateOverdate Posts: 7,306 ✭✭✭✭✭
    edited January 23, 2026 4:35PM

    Gold/silver ratio is now 48.

  • Mike59Mike59 Posts: 424 ✭✭✭✭

    @OnlyGoldIsMoney said:
    On my Kitco app I see a high of 99.66 and 99.44 currently.

    At 8AM this morning JMBullion silver price was $100 and a few cents over $100. I did not flip over to Kitco. They are usually fairly close.
    Mike

    MIKE B.

  • DoubleEagle59DoubleEagle59 Posts: 8,429 ✭✭✭✭✭

    I was watching this morning but decided to visit the local casino.

    Came home with $1400 profit and plus $100 silver!!!!

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • BLUEJAYWAYBLUEJAYWAY Posts: 11,267 ✭✭✭✭✭

    And they said it would not hit $100.00.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • RedneckHBRedneckHB Posts: 20,128 ✭✭✭✭✭

    Welcome back fc.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • badhop55badhop55 Posts: 177 ✭✭✭

    Bought my first oz back in 1986. A 1986 Silver Eagle for $5 and I still have it plus 1 each of '87,'88,'89 and '90. Stacked through the lean years/decades and now here we are. Plus the sun is out!

    It's a great day.

  • pcgscacgoldpcgscacgold Posts: 3,725 ✭✭✭✭✭

    Wow, I take the day off from here and now silver is at $103.26. Great to see.

    Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
    $5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
    CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572

  • blitzdudeblitzdude Posts: 7,553 ✭✭✭✭✭

    @fc said:

    @Bayard1908 said:

    @GoldFinger1969 said:
    It looks like a blow-off top but the higher it goes the higher should be the base of support.

    Don't think so. I remember 1980 and this looks nothing like it. Suspect that we're quickly heading to $120 or higher.

    But for how long will it stay that high? I can also see it hitting 120 for a short period of time. Great if it touches it. But what will you do when month after month it starts sinking... and keeps sinking... just hold and hope it goes to 120 again in 10 years?

    The current price of silver is a GIFT to people who bought and stacked over the last decade or longer. Talk about a big win if you just let some of it go for a multi bagger profit. I am not going to be buried with this stuff. I want to enjoy it while I am still young. Not 80+ years old and can barely leave the house.

    Yup, can't take it with you. Besides the crash will no doubt be much more spectacular than the rise. RGDS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

  • Mike59Mike59 Posts: 424 ✭✭✭✭

    @blitzdude said:

    @fc said:

    @Bayard1908 said:

    @GoldFinger1969 said:
    It looks like a blow-off top but the higher it goes the higher should be the base of support.

    Don't think so. I remember 1980 and this looks nothing like it. Suspect that we're quickly heading to $120 or higher.

    But for how long will it stay that high? I can also see it hitting 120 for a short period of time. Great if it touches it. But what will you do when month after month it starts sinking... and keeps sinking... just hold and hope it goes to 120 again in 10 years?

    The current price of silver is a GIFT to people who bought and stacked over the last decade or longer. Talk about a big win if you just let some of it go for a multi bagger profit. I am not going to be buried with this stuff. I want to enjoy it while I am still young. Not 80+ years old and can barely leave the house.

    Yup, can't take it with you. Besides the crash will no doubt be much more spectacular than the rise. RGDS!

    Blitzdude you changed your picture::
    I just figured out why you are such a Grinch!! You are Santa Clause right? Right? Now it all makes sense.
    Merry Christmas 🎄

    MIKE B.

  • pmh1nicpmh1nic Posts: 3,479 ✭✭✭✭✭

    @fc said:
    Welp.. target reached. I just sold a chunk to JM Bullion. Time to lock in some profits and figure out what to do next. The price of silver makes very little sense to me over the medium and long term. Since when has silver ever held on to these over exuberant rallies? Yea.. never... In due time I can see silver below 40 an oz again. I always felt that buying metals was the easy part. Knowing when to sell is a lot harder for many.

    I seriously doubt we will see $40 silver ever again. If half of what I’m hearing about demand is true and the weakening of the dollar is real we may never see prices below $80 again. Solid state batteries that massive increase range and decrease charging times, data centers, silver for a weapon systems, etc. will continue to drive demand for a metal that is mostly a byproduct of mining for other metals. The huge increase is not about mere investor speculation that can be satisfied with paper but legitimate demand that only physical silver can meet.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • softparadesoftparade Posts: 9,912 ✭✭✭✭✭

    @pmh1nic said:

    @fc said:
    Welp.. target reached. I just sold a chunk to JM Bullion. Time to lock in some profits and figure out what to do next. The price of silver makes very little sense to me over the medium and long term. Since when has silver ever held on to these over exuberant rallies? Yea.. never... In due time I can see silver below 40 an oz again. I always felt that buying metals was the easy part. Knowing when to sell is a lot harder for many.

    I seriously doubt we will see $40 silver ever again. If half of what I’m hearing about demand is true and the weakening of the dollar is real we may never see prices below $80 again. Solid state batteries that massive increase range and decrease charging times, data centers, silver for a weapon systems, etc. will continue to drive demand for a metal that is mostly a byproduct of mining for other metals. The huge increase is not about mere investor speculation that can be satisfied with paper but legitimate demand that only physical silver can meet.

    $40 Silver is NEVER coming back. :D

    COPPER is gutter !

  • Morgan WhiteMorgan White Posts: 13,088 ✭✭✭✭✭

    @Mike59 said:

    @blitzdude said:

    @fc said:

    @Bayard1908 said:

    @GoldFinger1969 said:
    It looks like a blow-off top but the higher it goes the higher should be the base of support.

    Don't think so. I remember 1980 and this looks nothing like it. Suspect that we're quickly heading to $120 or higher.

    But for how long will it stay that high? I can also see it hitting 120 for a short period of time. Great if it touches it. But what will you do when month after month it starts sinking... and keeps sinking... just hold and hope it goes to 120 again in 10 years?

    The current price of silver is a GIFT to people who bought and stacked over the last decade or longer. Talk about a big win if you just let some of it go for a multi bagger profit. I am not going to be buried with this stuff. I want to enjoy it while I am still young. Not 80+ years old and can barely leave the house.

    Yup, can't take it with you. Besides the crash will no doubt be much more spectacular than the rise. RGDS!

    Blitzdude you changed your picture::
    I just figured out why you are such a Grinch!! You are Santa Clause right? Right? Now it all makes sense.
    Merry Christmas 🎄

    He's been drinking from the gutter.

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