Buying gold and silver.

[Sum1]

$67! Yowza!

 

[Big Iron]

Silver $70!

Still time to get on the train.

 

[Big Iron]

Wonder how silver & gold miner stocks are doing?

 

[Wally World]

Wonder how silver & gold miner stocks are doing?

FSAGX is up 148.47 % for the year and still climbing. It's the best mutual fund I own!

 

[NodakBob]

Geez, and I sold 16 crown royal bags of silver coins 10 years ago due to the stagnate market…I just tell myself the purchasing power was much higher then (due to inflation)

 

[Wally World]

Geez, and I sold 16 crown royal bags of silver coins 10 years ago due to the stagnate market…I just tell myself the purchasing power was much higher then (due to inflation)

You are doing great! Here is another. You probably already knew.

They pass down a lot of internal capital gains. Beyond your own gains . . .
Beware.

Another great investment is the ETF SLV 169.09% increase YTD. Just bought some a while back and it follows the spot price on silver pretty close.

 

[agriffith]

Does the rapid rise in price make you a little uneasy? $100 per barrel of oil comes to mind when thinking about this.

 

[Hunter58301]

Silver Spot Price	Spot Change
Silver Price per Ounce	$79.98	0.00	0 %
Silver Price per Gram	$2.57	0.00	0 %
Silver price per kilo	$2,571.42	0.00	0 %

 

[walleyeman_1875]

Just need to find the right time to sell son you can purchase more when the price dips. Otherwise, you just ride the roller coaster and get the occasionally sick when the ride gets too wild.

Thankfully, my underground bunker is fully stocked with guns, booze, and gold bars.

 

[NDSportsman]

Just need to find the right time to sell son you can purchase more when the price dips. Otherwise, you just ride the roller coaster and get the occasionally sick when the ride gets too wild.

Thankfully, my underground bunker is fully stocked with guns, booze, and gold bars.

Lol what good are gold bars when you are holed up in your bunker? Always wondered what good something like that would be if the shit ever hit the fan.

 

[Obi-Wan]

Lol what good are gold bars when you are holed up in your bunker? Always wondered what good something like that would be if the shit ever hit the fan.

Melt it down and cast more bullets. Not sure what gold works on but have heard silver works and werewolves.

 

[walleyeman_1875]

Lol what good are gold bars when you are holed up in your bunker? Always wondered what good something like that would be if the shit ever hit the fan.

The gold bars are so I can tell myself how
Much value they have gained throughout my life as I take the last pull of liquor from the bottle before the world comes to an end!!

 

[Traxion]

It is either doing what people have always claimed it would do (skyrocket to X percentage of gold) or is severely overheated. The 2010 run, and then 2012-13 retreat, are most fresh in my mind. But, if this is driven by industry demand and not the world is ending economic hedging folks, it could stay on it's upward trajectory. My only hold up is the people I know who are the loudest on silver, are also the exact type I just mentioned LOL. Either way, long term returns on silver are what they are. Will be curious to see how it plays out, I only have a little and don't plan on getting in at these prices.

 

[Big Iron]

buy the dip

 

[tikkalover]

​

4,352.60

USD▼ -200.10 (-4.40%) today
December 29, 4:06 PM EST

 

[ORCUS DEMENS]

It is either doing what people have always claimed it would do (skyrocket to X percentage of gold) or is severely overheated. The 2010 run, and then 2012-13 retreat, are most fresh in my mind. But, if this is driven by industry demand and not the world is ending economic hedging folks, it could stay on it's upward trajectory. My only hold up is the people I know who are the loudest on silver, are also the exact type I just mentioned LOL. Either way, long term returns on silver are what they are. Will be curious to see how it plays out, I only have a little and don't plan on getting in at these prices.

I agree with you. There are those panicking over global concerns, and others looking at industrial demands.
China of course has a major role in some of this as well.
https://www.bloomberg.com/news/arti...ump-in-china-poses-fresh-risk-to-a-hot-market
https://blockonomi.com/silver-prices-surge-as-china-export-restrictions-deepen-global-supply-crisis/

Look at the recent surges in Bit Mining sites, Cloud Storage facilities and now AI Data centers and you will see a direct correlation with the prices of Gold, Silver and Copper. All three of these are essential for construction of these facilities.

 

[Big Iron]

One day dip for silver. Next stop $90/ OZ.

All aboard!

 

[CatDaddy]

 

[Rowdie]

 

[Hunter58301]

Silver Spot Price	Spot Change
Silver Price per Ounce	$82.01	0.00	0 %
Silver Price per Gram	$2.64	0.00	0 %
Silver price per kilo	$2,636.68	0.00	0 %