Buying gold and silver.



Maddog

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This would be unbelievable if it really happened.

How high could silver go in 2026?

If 2026 mirrors the 1979 bull market’s 409% return, silver could reach $492 per ounce by year-end. That’s not speculation — it’s what would happen if history repeats the same percentage gains from the last major precious metals bull run.
 


Pheasant 54

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This would be unbelievable if it really happened.

How high could silver go in 2026?

If 2026 mirrors the 1979 bull market’s 409% return, silver could reach $492 per ounce by year-end. That’s not speculation — it’s what would happen if history repeats the same percentage gains from the last major precious metals bull run.
I think that has to do with the Hunt Brothers trying to control the silver market it went from 6 to 50. Then it all caved on them and the silver market .
 

Maddog

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1769383429946.png
 

Hunter58301

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Money Metals Exchange Live Silver Spot Prices​


Silver Spot PriceSpot Change
Silver Price per Ounce$109.105.204.77 %
Silver Price per Gram$3.510.174.77 %
Silver price per kilo$3,507.65167.194.77 %
 

KDM

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I'm not sure these rampant rising gold and silver prices are a good thing. Remember. High gold price means low dollar value and vice versa. What the current pricing is telling me is that a gallon of milk will be 62 bucks and eggs will be 5 dollars each. That might be greatly exaggerated, but the relationship between the dollars value and gold prices is well documented. Careful what you wish for. Stay Warm out there fellas.
 


Maddog

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Not wishing for the dollar's collapse at all. Just reacting to what is happening and trying to minimize its effect on me. For years it has been reported on the news from multiple sources of the danger of fiat money and possible courses of action that people can take.
I tried to help out the people on this site that may have been unaware as best I could with information. We all make choices. I remember earlier some coming across (maybe wrong on my part) that they were happy with their guns and ammo and why would they ever consider gold/silver. And a bucket of minnows . . . was even a better option (Posted somewhat in jest.) The hope was that y'all on this site would take the information provided and also share it with others too. There still is time . . . But its window appears to be closing. ??

It is the fiscal irresponsibility of our elected officials through the years that is a BIG part of its cause. And in the end, it will be "Trump's fault" for letting it happen and not taking appropriate action. The blame goes back years. And years. Remember rhetoric of the need for a balanced budget. You don't hear that much anymore at all. Too bad people like Proxmire are no longer around to voice their concerns. And at least try to do something about it. Now, it appears nothing at all ....

Like I earlier posted, a lot of people will get hurt in the end. If they haven't already. Not a good thing at all. I see it on the street even more now. Many with nothing. I am vacationing in Florida and on the news the other day they reported that over half of their residents are living paycheck (which also includes SS and government aid) to paycheck.

It is all sad.

I feel some of Lunk's "pain" with reactions to his Covid posts. Even my own "family" laughed at my concerns saying I was nuts to invest in gold/silver. And still do.

Well I tried. I think I failed . . .
 

sweeney

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Bad part is very few people are actually buying it locally and if they are it isn't just bring it in and we will buy whatever you got. They have been very careful about what they buy and how much they are buying. The consistent buyers you see are the ones who are trying to lowball offering scrap or way below spot. fwiw.
 

Lycanthrope

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friend of mine was telling me he had 1500oz of silver that was bought mostly around 15 that he sold like 3 years ago or whatever when it got to 25... lol, not smart
 

guywhofishes

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I bought 83 shares of GLD back in 2015, knowing close to nothing about stonks/ETFs/etc

still have them

insert appropriate blind pig colloquialism here
 


KDM

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Not wishing for the dollar's collapse at all. Just reacting to what is happening and trying to minimize its effect on me. For years it has been reported on the news from multiple sources of the danger of fiat money and possible courses of action that people can take.
I tried to help out the people on this site that may have been unaware as best I could with information. We all make choices. I remember earlier some coming across (maybe wrong on my part) that they were happy with their guns and ammo and why would they ever consider gold/silver. And a bucket of minnows . . . was even a better option (Posted somewhat in jest.) The hope was that y'all on this site would take the information provided and also share it with others too. There still is time . . . But its window appears to be closing. ??

It is the fiscal irresponsibility of our elected officials through the years that is a BIG part of its cause. And in the end, it will be "Trump's fault" for letting it happen and not taking appropriate action. The blame goes back years. And years. Remember rhetoric of the need for a balanced budget. You don't hear that much anymore at all. Too bad people like Proxmire are no longer around to voice their concerns. And at least try to do something about it. Now, it appears nothing at all ....

Like I earlier posted, a lot of people will get hurt in the end. If they haven't already. Not a good thing at all. I see it on the street even more now. Many with nothing. I am vacationing in Florida and on the news the other day they reported that over half of their residents are living paycheck (which also includes SS and government aid) to paycheck.

It is all sad.

I feel some of Lunk's "pain" with reactions to his Covid posts. Even my own "family" laughed at my concerns saying I was nuts to invest in gold/silver. And still do.

Well I tried. I think I failed . . .
Let'er rip Maddog. Being laughed at doesn't equate to you being wrong. Oftentimes it is confirmation of uncomfortable truths.
 

Lycanthrope

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elon predicted recently that soon money wont be useful or necessary, at least as we currently think of money. He said flat out in an interview just a few weeks ago that if you have money, spend it, there is no reason to save for retirement anymore...
 

NDSportsman

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elon predicted recently that soon money wont be useful or necessary, at least as we currently think of money. He said flat out in an interview just a few weeks ago that if you have money, spend it, there is no reason to save for retirement anymore...
Lol wut? How are you going to pay for stuff??
 


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