Silver price just topped $75!

[ReaptheHeat]

Still not selling

 

[Crowmangler]

Just curious ... whatever happened to that audit of Fort Knox??

 

[Smokey Bear]

With this price, is there an antique value anymore? I guess maybe if it’s ultra rare. And the melting down and refining of all this scrap should make items more rare.

 

[ChrisA]

With this price, is there an antique value anymore? I guess maybe if it’s ultra rare. And the melting down and refining of all this scrap should make items more rare.

According to a Brave search, an average silver tablespoon is 1 to 1.5 oz, and it takes approx 1000-1500 laptops to recover an equal amount of silver. Cabbaging Granny's silverware set seems like the low hanging fruit.

 

[Hnthrdr]

With this price, is there an antique value anymore? I guess maybe if it’s ultra rare. And the melting down and refining of all this scrap should make items more rare.

About 3 months or so ago my pops has a huge stash of 92.5 silver silverware. He was getting quotes of like 65% melt value from some metal shops I told him to hold it or i would buy it from him for actual melt value. So glad he didn’t sell. It’s gotta be 25 + lbs

 

[LFC911]

My wife would have a cow if I asked her to sell her heirloom silverware. That's one I'm not going to touch if I ever want to hunt again!

 

[grfox92]

Gold opened yesterday $250 above where it closed. Massive gap up in the chart.

Sent from my SM-S931U using Tapatalk

 

[downthepipe]

86 currently. Wow!

 

[RockAndSage]

86 currently. Wow!

That's an enormous loss. But, Fridays and Mondays seem to be when you get big movement in silver. Unless something structural has changed (like China re-authorizing export of silver), people will be buying the hell out of the dip and Monday's price will be heading up again.

 

[Smokey Bear]

-32% so far today. Welcome new Fed chair Warsh.

 

[KsRancher]

Not feeling so bad about my bitcoin purchase now

 

[LukeMc]

Been a crazy year

 

[Hnthrdr]

Wild swing?! But sort of the new normal… pretty wild though

 

[ODB]

77!

 

[IdahoElk]

Everyone is taking it in the shorts today, ouch!

 

[Silver Wings]

Bought SLV at $73 today. Just looking to flip it for 10-20% on the bounce.

 

[Hnthrdr]

Everyone is taking it in the shorts today, ouch!

Not when you bought it for 20-30 dollars, I’ll continue to hodl

 

[ODB]

Bought SLV at $73 today. Just looking to flip it for 10-20% on the bounce.

It will happen i think, surely

 

[cottonant]

When SLV was over $100 earlier this week the March 6 $81.50 put was paying $4.25 --- over a 40% covered return - now we know why

 

[Hnthrdr]

I mean it’s hard to beat the house when they are pulling the levers… yet did the global demand of silver evaporate overnight? Was there an epic discovery to make up for the over price? Let them bankers play their games… silver and gold are hedges, but after steel and lead… never want to have to need them, but I’d rather not be caught with my pants down… when the data centers have to have physical silver we will see what the price does over the next few years