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re: Spot Silver - over $27/ounce

Posted on 4/10/24 at 12:35 pm to
Posted by PUB
New Orleans
Member since Sep 2017
20043 posts
Posted on 4/10/24 at 12:35 pm to
Posted by Hangit
The Green Swamp
Member since Aug 2014
43533 posts
Posted on 4/12/24 at 5:19 am to
Physical gold and silver futures loaded up on Viagra at lunch yesterday.

Let the swelling continue.
Posted by NYNolaguy1
Member since May 2011
21472 posts
Posted on 4/12/24 at 11:39 am to
Spot silver got all the way to $29.79 then crashed and falling, down to $28.39 within an hour and change.

Someone really doesn't want it above $29.50ish.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
70560 posts
Posted on 4/12/24 at 12:50 pm to
quote:

My wife was given about 4-5 ounces of sliver per year for about 30 years.
I like Liver but I'm not familiar with sliver.

Seriously, it sucks that someone stole that from y'all.

Yours is a cautionary tale for all of us here.

I collect coins and have mine in Safe Deposit boxes.

Preppers worry that you won't be able to access the boxes when the government shuts down the banks after the Fed goes tits-up, who knows?

It my last house, I had a secret dead space that I kept prepper-y things in, unfortunately, I don't have a space like that in my current residence.

Hmmmm....
Posted by rltiger
Metairie
Member since Oct 2004
1409 posts
Posted on 4/12/24 at 3:19 pm to
I knew one of the guys who owned the silver mine in Aspen. He literally went in and mined it every day, old school.
Posted by cadillacattack
the ATL
Member since May 2020
7945 posts
Posted on 4/12/24 at 5:51 pm to

quote:

I’ve got about 75 oz. - what should I do with my mini stack?


Posted by FredsGotSlacks
Baton Rouge
Member since Mar 2008
826 posts
Posted on 4/12/24 at 10:59 pm to
quote:

Spot silver got all the way to $29.79 then crashed and falling, down to $28.39 within an hour and change. Someone really doesn't want it above $29.50ish.

The amount of resistance at the $30 level is impressive. When it closes above $30 on the weekly it’s going to run, its just a matter of how long before it finally clears it
Posted by Tomatocantender
Boot
Member since Jun 2021
5328 posts
Posted on 4/13/24 at 5:59 pm to
quote:

The amount of resistance at the $30 level is impressive.


Iran attacking Israel might be a catalyst to get this to stick at $30 pretty soon.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
3696 posts
Posted on 4/14/24 at 10:01 am to
(no message)
This post was edited on 8/8/24 at 9:01 am
Posted by Hangit
The Green Swamp
Member since Aug 2014
43533 posts
Posted on 4/15/24 at 6:44 am to
quote:

Preppers worry that you won't be able to access the boxes when the government shuts down the banks after the Fed goes tits-up, who knows?


Or they will do like the eff bee eye did in CA. Go in, warrantless, and rob all of the boxes in a bank, because anyone with valuables in a bank box must be a criminal, right?
Posted by Tomatocantender
Boot
Member since Jun 2021
5328 posts
Posted on 5/20/24 at 1:36 pm to
quote:

When it closes above $30 on the weekly it’s going to run, its just a matter of how long before it finally clears it


Looks like we're at this point now. About to close at or around $31.50 today.

Eta: Over $32 close.
This post was edited on 5/20/24 at 3:01 pm
Posted by cadillacattack
the ATL
Member since May 2020
7945 posts
Posted on 5/20/24 at 2:23 pm to
A nice run so far ….. and GSR swinging nicely



This post was edited on 5/20/24 at 2:26 pm
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