If you sold on the run up...at what silver price would you buy back in ?
1630Boston
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If you sold on the run up...at what silver price would you buy back in?
All opinions appreciated
boston
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
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All comments reflect the opinion of the author, even when irrefutably accurate.
45 and I'll back up the truck. Although I don't sell. EVER.
COPPER is gutter !
Sub $25 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?
I started to buy silver with non-investment money around 2018 or so. I began to scale out of it and finally closed out at $93. It powered through those levels but I was ok with that as I was able to sell on my terms. I’m never buying silver again(unless it’s colonial era coins) as it will probably get crushed again similar to the 1980 and early 2010 tops. Each time the long term chart went vertical, then took years to rebuild its base before beginning its next bull move. The same thing occurring again wouldn’t surprise me. I hope I’m wrong for my buddies that are stackers. That said, it was an interesting ride.
@Colonialcoin
What do you consider "colonial era coins"
boston
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
Massachusetts silver, Spanish and French colonial, as well as Netherlands Lion dollars. The older, the better.
i'll take $20
Now you just getting GREEDY lolz
COPPER is gutter !
beginning to grasp the obvious
running from $20 to $35 had no explanation either
I guess I should know this but I don't: what's an RGDS?
>>>My Collection
I wouldn't be shocked if we see the teens again. THKS!
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?
35-40 $
I have several albums(ase, maple, kook, libertad) I need to fill, 2023 to present, so I’d be looking at around $50 silver to do that.
In this market I would be buying SLV ETFs in $10 down increments. Additional physical silver takes up too much space.
bought AGQ tonight at $104.80.
When gold and silver move together, it signals the coming end of fiat money.
Troll speak for the salutation "regards".
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
The long decline has begun. It will not surprise me if it eventually ends up at below $20. The tulips are dead but the "stackers" just don't want to believe it. The concentration of wealth and loose regulation allows the very wealthy to influence markets to their advantage. The "little guys" are there to take the losses. This is nothing new.
If I don’t buy, I don’t sell. So the answer is clear.
``https://ebay.us/m/KxolR5
Spanish escudos, especially like the 1500s ones from Peru are sick
When a kilo silver bar is under 1000.. so that math would be... 31ish per ounce?
I wish I would have sold more silver over the past few weeks, I still have a small bucket full of mixed foreign coins and impaired .999 stuff.
When/ if silver prices (including premiums) stabelize well below 1€ per gram (circa 37 Dollars per ounce), I'll get some more German 90% silver coins. That's the kind of silver I'm intending to hold for a pretty long time, either until retirement, some kind of emergency or a opportunity to afford a house.
Until then I'll proceed hunting for occasional bargains, but only with my spare money from metal detecting public parks and bottle/can recycling.
Some people in this thread have predicted silver prices below 20$ per ounce. As nice as that would be as a buying opportunity, I don't think this is a sustainable long term price goal. Globally the costs of mining are rising and producing silver for less than 20 Dollars per ounce does not sound profitable for the companies involved in mining and refining the raw silver, especially if their production costs keep rising with inflation while the price of silver does not.
There was less of a bubble except for the last few weeks and months....I think silver will find strong support at the early-2025 levels of about $30-$40.
I'm guestimating, but I don't think it has to lose 80-90%. The supply/demand imbalance and industrial demand should provide a higher floor than in the past.
I bought a decent amount through Costco (Buffalo rounds and ASEs) in 2024 and early 2025. Most were in the $500/$600 range per tube. I've sold around 75% of them. If silver drops back to that range, I'll probably grab some more. In looking at a long-term chart, that seems plausible.
I don't have a crystal ball so I'll gladly take a profit when I can get it.
This is a wave 4 for silver and gold with a higher up wave still to come by 2028. Recall how silver performed in the 2008 wave 4.........dropping from $21 to $9 in 6 to 9 months........and recovering to $19 within a year.......and then on to $49 within 18 months. This wave 4 shouldn't be nearly as long as that one.
I wouldn’t buy even > $20 because it will hang wherever it stops and too old to wait.
I struggle to think this is the end when the runup has been so incredibly quick - even compared to the 2010 timeframe.
I at least sold some on the higher end in Jan. I've bought a lot of constitutional 'loss leader' 90% at like 20-35x face in the past two months so I have no pain for my purchases. I'm tempted to buy some .999 now but At 50-60 I'd likely buy some more. 35-40 and I'd probably buy much more regularly.
but it never got that low
Loves me some shiny!
“Often wrong, but never in doubt.”
It hit $100 in extended trading
I think silver will touch all the lows mentioned and create higher highs. If you can stomach those swings then go for it. Just don’t complain when the music stops playing.
While the dramatic rise was due in large part to paper trading speculation, if the structural deficit continues while the dollar continues to weakening, I don't think we return to under $50 silver. Every online dealer I checked selling ASE's is still over $90 and rounds over $80. The most bearish financial institution had it bottoming at $50 (JP Morgan). I'd be very pleasantly surprised to see it drop below $50.
I didn't see the actual report, but didn't JPM say they saw gold recovering faster and stronger than silver, but silver should hold/base in the $75 range ?
Based on what I read their forecast was $50 - $80 for the year.
JP Morgan closed many 5,000 ounce future paper contracts at end of Jan 2026 for $78~ish which was the low down from the record high at the point in time. Perfectly timed.
That's when they exited their short positions.
I knew it would happen.
JPM is not short the gutter. Cripes they are the largest single holder of physical gutter metal on the planet. THKS!
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?
.
"Holding" it and "owning" it are two different things.
Personally, I do not advocate one without the other.
.
Yep. Common sense lacks 'round here.
COPPER is gutter !
Lest we forget these forecasts from "Too big to fail" banks are what they are. At the end of the day top brass really do not care about accuracy, Moral hazard is alive and well so let the chips fall....