Home› Precious Metals

Gold and silver prices skyrocketing today!

safari_dudesafari_dude Posts: 292 ✭✭✭✭
edited October 13, 2025 2:34PM in Precious Metals

Comments

  • cheezhedcheezhed Posts: 6,089 ✭✭✭✭✭

    PM section?

    Many happy BST transactions
  • PerryHallPerryHall Posts: 47,025 ✭✭✭✭✭

    @cheezhed said:
    PM section?

    Agree. Wrong forum.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • EbeneezerEbeneezer Posts: 343 ✭✭✭

    Exciting times. I read this morning that analystist and B of A are projecting $65 in 2026. This explosion has me seriously considering selling off some of my physical silver which I began buying back in 2004. With three years until my retirement, which is what I've been steadily growing, a few hundred ounce bought in the $7-8 dollar range is a super return to say the least. If I do half will go into stocks and the other as a cash reserve.

  • safari_dudesafari_dude Posts: 292 ✭✭✭✭

    I put it here because so many keep commenting on mint premiums……but this shows the premiums are being made up rather quickly. Not sure many even look at the Precious metal forums… I didn’t even realize there was one. Sorry.

  • Cougar1978Cougar1978 Posts: 8,970 ✭✭✭✭✭
    edited October 13, 2025 9:55AM

    Yes it’s a one heck of a bull market for PM - many raising prices on their gold and silver material (especially if slabbed bullion mods in 69 and 70). Others trying acquire more. A bonanza for modern silver and gold Commems too. I like the slabbed ones in 69 and 70. A super RCI double play.

    Wonder how much more by end of week? Or is this a long term bull market to some point in time? Yes I can see $65 by 2026 but my gut says higher.

    Investor
  • MilesWaitsMilesWaits Posts: 5,483 ✭✭✭✭✭

    US Coin and Spot Forum:

    Silver $52.13

    Say a long and welcome goodbye to all those spotted Maples and Eagles!!

    Now riding the swell in PM's and surf.
  • safari_dudesafari_dude Posts: 292 ✭✭✭✭

    The rise is certainly making some of my AGE’s and ASE’s premium pricing when I purchased them much more palatable now. Unloaded several last year to buy a few want list coins, but now it’s getting even more tempting to unload some more. Heck, even my 2009 High relief that was graded as a 70 that I paid $1200 for could be on the chopping block….. 😉

  • coinbufcoinbuf Posts: 11,981 ✭✭✭✭✭
    edited October 13, 2025 10:44AM

    @Ebeneezer said:
    Exciting times. I read this morning that analystist and B of A are projecting $65 in 2026. This explosion has me seriously considering selling off some of my physical silver which I began buying back in 2004. With three years until my retirement, which is what I've been steadily growing, a few hundred ounce bought in the $7-8 dollar range is a super return to say the least. If I do half will go into stocks and the other as a cash reserve.

    Many many people are trying to sell, that has caused at least one refinery to stop taking in coins. And dealers are very skittish as some remember the Hunt bros runup and rapid decline and fear a similar event. The upshot is you may have trouble selling anywhere near spot.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • Cougar1978Cougar1978 Posts: 8,970 ✭✭✭✭✭
    edited October 13, 2025 11:25AM

    I don’t do junk silver. My material is slabbed, one column (on my spreadsheet) which is for MV is CDN CPG. However I may discount some for a large cashflow deal.

    Investor
  • 291fifth291fifth Posts: 24,797 ✭✭✭✭✭

    This is the time to get rid of common silver and gold coins if you have a good alternative investment for the money generated.

    All glory is fleeting.
  • GoldFinger1969GoldFinger1969 Posts: 2,796 ✭✭✭✭✭

    @Cougar1978 said:
    Yes it’s a one heck of a bull market for PM - many raising prices on their gold and silver material (especially if >slabbed bullion mods in 69 and 70). Others trying acquire more. A bonanza for modern silver and gold Commems >too. I like the slabbed ones in 69 and 70. A super RCI double play.

    RCI ??

    What do you mean a "bonanza for modern silver and gold commemoratives" -- even if you bought cheap (as I did with some of mine) the premium erosion has offset lots of the rise in the PMs. Do you mean buying them NOW is a good deal to BUY because even though gold and silver are up, the premiums are lower ? Or do you mean it's a good time to sell ?

    Wonder how much more by end of week? Or is this a long term bull market to some point in time? Yes I can see >$65 by 2026 but my gut says higher.

    I think when gold rises $300 in a day it'll be the bell ringing. :)

  • GoldFinger1969GoldFinger1969 Posts: 2,796 ✭✭✭✭✭

    @coinbuf said:
    Many many people are trying to sell, that has caused at least one refinery to stop taking in coins. And dealers are >very skittish as some remember the Hunt bros runup and rapid decline and fear a similar event. The upshot is you >may have trouble selling anywhere near spot.

    They shouldn't be skittish.

    Back then, silver went up 8-fold in about 14 months. Nothing like that today, it's up about 50% in what....12 months ?

    1980 was clearly a bubble. This is a price that will be sustained within 20-30% even if we have a wicked correction in the markets. You're not looking at a 90% decline in coming years or a 50% drop in a few days/weeks. :)

  • coinbufcoinbuf Posts: 11,981 ✭✭✭✭✭

    @GoldFinger1969 said:

    @coinbuf said:
    Many many people are trying to sell, that has caused at least one refinery to stop taking in coins. And dealers are >very skittish as some remember the Hunt bros runup and rapid decline and fear a similar event. The upshot is you >may have trouble selling anywhere near spot.

    They shouldn't be skittish.

    Back then, silver went up 8-fold in about 14 months. Nothing like that today, it's up about 50% in what....12 months ?

    1980 was clearly a bubble. This is a price that will be sustained within 20-30% even if we have a wicked correction in the markets. You're not looking at a 90% decline in coming years or a 50% drop in a few days/weeks. :)

    No disagreement from me, but people are strange animals, and common sense and rational thought are not always the norm when emotions are involved.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • privatecoinprivatecoin Posts: 3,685 ✭✭✭✭✭

    @coinbuf said:

    @GoldFinger1969 said:

    @coinbuf said:
    Many many people are trying to sell, that has caused at least one refinery to stop taking in coins. And dealers are >very skittish as some remember the Hunt bros runup and rapid decline and fear a similar event. The upshot is you >may have trouble selling anywhere near spot.

    They shouldn't be skittish.

    Back then, silver went up 8-fold in about 14 months. Nothing like that today, it's up about 50% in what....12 months ?

    1980 was clearly a bubble. This is a price that will be sustained within 20-30% even if we have a wicked correction in the markets. You're not looking at a 90% decline in coming years or a 50% drop in a few days/weeks. :)

    No disagreement from me, but people are strange animals, and common sense and rational thought are not always the norm when emotions are involved.

    Those are some qualities hard to find in a lot of society today.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

Sign In or Register to comment.