Silver price just topped $75!

[AndrewMT34]

Sure is a good time to own a silver mine ..

Glad I got one. Might look at another…..

also a good time to work for a large silver/gold mining company!

I'd love to hear more about your operation

 

[Smokey Bear]

It just keeps going!

 

[grfox92]

I made good money on futures contract on Silver this morning.

Sent from my SM-S931U using Tapatalk

 

[IdahoElk]

It just keeps going!

View attachment 1002554

Comex follows the Shanghai silver market, it's $93.83 now

 

[WiscoHoundsman]

Anyone considering trading silver for gold with the ratio nearing 50:1? The ratio has dropped significantly lately.

 

[RockAndSage]

Rough guess, is we have about 4-6 months of this bull run, with several dips during that, before a major selloff occurs as the global economy crashes. We're at the absolute peak of an everything bubble and it simply will not last. Too many structural changes, with China on the brink of economic collapse.

What's fascinating to me about this silver run, is that it's breaking out of the structural boundaries and control mechanisms CME/COMEX have had controlling the price for decades - on top of what looks like China trying to hoard massive amounts away, even as their economy is collapsing. China and some other central banks. It's extremely interesting to try to figure out what's going on. It's a lot more than just industrial silver demand.

 

[ReaptheHeat]

Rough guess, is we have about 4-6 months of this bull run, with several dips during that, before a major selloff occurs as the global economy crashes. We're at the absolute peak of an everything bubble and it simply will not last. Too many structural changes, with China on the brink of economic collapse.

What's fascinating to me about this silver run, is that it's breaking out of the structural boundaries and control mechanisms CME/COMEX have had controlling the price for decades - on top of what looks like China trying to hoard massive amounts away, even as their economy is collapsing. China and some other central banks. It's extremely interesting to try to figure out what's going on. It's a lot more than just industrial silver demand.

This is gonna be an interesting powder keg. Not to fear monger, but I'm bracing for the worst this year. Lots of political madness coupled with economic uncertainty.

 

[RockAndSage]

This is gonna be an interesting powder keg. Not to fear monger, but I'm bracing for the worst this year. Lots of political madness coupled with economic uncertainty.

Same. Q1 and Q2 should be solid, but by the time Q3 rolls around I think some things should be breaking.

 

[RockAndSage]

Same. Q1 and Q2 should be solid, but by the time Q3 rolls around I think some things should be breaking.

Translate: Assets start going on sale at steep discounts in Q3 - if your cash isn't locked up.

 

[Sled]

Translate: Assets start going on sale at steep discounts in Q3 - if your cash isn't locked up.

I plan to roll some liabilities and weaker assets into land or real estate when that happens.

 

[5MilesBack]

I originally bought SLV at $11.20/share in 2020. I was a seller of some today. Was hoping it would get to $85 today. It didn't, but it got close enough to unload some as far as I'm concerned. I'd rather be selling on the way up, than on the way down.