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re: Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey

Posted on 4/29/26 at 8:47 am to
Posted by Lsut81
Member since Jun 2005
84983 posts
Posted on 4/29/26 at 8:47 am to
Was going to bump this thread, but see its already been done.

shite has been just sitting around 75 since the $50 collapse 2 months ago when it touched $120
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
59165 posts
Posted on 4/29/26 at 8:51 am to
I'm waiting to see if the extended oil bump causes people to hedge back into silver again. I'm still up at $70, but wouldn't mind a bigger return.
Posted by FAT SEXY
California
Member since Jun 2020
2098 posts
Posted on 4/29/26 at 9:48 am to
With precious metals you never really know when the horse is going to bust loose from the stable. It could trade sideways for years again.

I wouldn't be surprised to see a decade long cup and handle form on the paper silver chart.

It's a strange market for sure, but as we've seen recently: The metals have the ability to violently make up lost ground.. and then some.
This post was edited on 4/29/26 at 10:52 am
Posted by FAT SEXY
California
Member since Jun 2020
2098 posts
Posted on 4/29/26 at 10:02 am to
I sold a little bit more of my silver stack recently, but I think I'm done for now. I haven't actively purchased anything for several years now.

I'm happy with my position and will sit on it until I'm in my late 50's-early 60's, which is 20-25 years away, unless of course necessity dictates otherwise.

I've been tempted a few times to sell 1/3 of my Gold stack and go net free on it, but then I remember it's now classified as a Tier 1 asset (Basel III) and it's one of the only things that the broader world always seems to trust.
This post was edited on 4/29/26 at 10:12 am
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
38682 posts
Posted on 4/29/26 at 11:54 pm to
Ive collected about 5 rolls of silver quarters from work. Debating to sell or not
Posted by FAT SEXY
California
Member since Jun 2020
2098 posts
Posted on 4/30/26 at 12:18 am to
Pull key dates and higher grades before you sell.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
38682 posts
Posted on 4/30/26 at 8:18 am to
I would have to look them up. I know most are just 1964s
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29713 posts
Posted on 4/30/26 at 11:16 am to
quote:

*Speculative play for you, baw*

Lafleur Minerals (LFLRF): Currently trading at 35 cents. They're aiming for real production by EOY.

The company holds two primary assets in the Abitibi Gold Belt of Quebec: the Swanson Gold Project and the Beacon Gold Mill and Mine.

The Swanson Gold Project is a district-scale property covering over 19,000 hectares and includes several deposits.

The Beacon property includes a fully permitted processing mill and a past-producing mine located approximately 50 km from the Swanson site.


Trading at .43-.47 cents today so not a bad pick for a penny stock
Posted by dstone12
Texan
Member since Jan 2007
40320 posts
Posted on 4/30/26 at 12:24 pm to
You think it could hit over 3.00?
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29713 posts
Posted on 5/1/26 at 12:06 pm to
quote:


You think it could hit over 3.00?


I didn't project that and have no idea I just threw $50 bucks at it yesterday after seeing the upward trend based on the posts here.
This post was edited on 5/1/26 at 12:07 pm
Posted by THRILLHO
Old Metairie near Cleary
Member since Apr 2006
50394 posts
Posted on 5/7/26 at 9:07 am to
Posted by Cajun75
Member since Mar 2022
915 posts
Posted on 5/7/26 at 9:50 am to
quote]I just threw $50 bucks at it yesterday after seeing the upward trend based on the posts here[/quote]

Threw a bit more at it mainly since it's a name in my family, LOL.
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