Soaring prices ahead for silver?

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lured_in_again
Posts: 427
Joined: Thu Nov 29, 2018 10:16 pm

Soaring prices ahead for silver?

Post by lured_in_again » Mon Feb 01, 2021 9:46 am

Might be a great opportunity coming soon for dumping those "mistake" purchases (I've made more that a couple LOL) Silver looks to get interesting in the near term...... silver headed north of $30 this morning possibly?

DHalladay
Posts: 2327
Joined: Wed May 30, 2018 4:38 pm

Re: Soaring prices ahead for silver?

Post by DHalladay » Mon Feb 01, 2021 3:34 pm

It hit $30 this morning! (But as I type this it backed up to $29.60.)
When in doubt... don't.

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mark
Posts: 251
Joined: Tue Jun 05, 2018 5:55 am

Re: Soaring prices ahead for silver?

Post by mark » Mon Feb 01, 2021 4:34 pm

Sounds like retail traders are trying to drive shorts out of silver. Continuation of the Gamestop traders.. I don't mind. :popcorn:

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Longstrider
Posts: 806
Joined: Tue Jul 03, 2018 9:12 pm
Location: Mojave High Desert

Re: Soaring prices ahead for silver?

Post by Longstrider » Mon Feb 01, 2021 5:12 pm

Good luck finding any. My opinion. I could be wrong.🐍

colwillys
Posts: 987
Joined: Tue Jun 05, 2018 9:39 pm

Re: Soaring prices ahead for silver?

Post by colwillys » Mon Feb 01, 2021 5:30 pm

Let see silver go out of site , Then the greenies will have to pay up for loss of oil jobs .

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mark
Posts: 251
Joined: Tue Jun 05, 2018 5:55 am

Re: Soaring prices ahead for silver?

Post by mark » Mon Feb 01, 2021 5:37 pm

There are silver short ETFs and funds. It's all paper. They aren't going driving silver up a couple thousand percent like gamestop stock. Might make some ETF holders feel some pain though.

bigjayvee
Posts: 440
Joined: Thu May 31, 2018 9:01 am
Location: Florida

Re: Soaring prices ahead for silver?

Post by bigjayvee » Mon Feb 01, 2021 10:10 pm

Speaking of that, Your opinions for the best place to sell bulk silver dollars ?

lured_in_again
Posts: 427
Joined: Thu Nov 29, 2018 10:16 pm

Re: Soaring prices ahead for silver?

Post by lured_in_again » Tue Feb 02, 2021 9:06 am

The bubble looks to have burst rather quickly..... back down under 28

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impairedsquirrel
Posts: 716
Joined: Mon May 28, 2018 2:42 pm
Location: Happy Valley, USA

Re: Soaring prices ahead for silver?

Post by impairedsquirrel » Wed Feb 03, 2021 2:04 am

Looks like the army failed to march. Waiting patiently... ;)
I go totally NUTS for WOW! VAMs!! Or is that from WOW! VAMs?

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Kurt28
Posts: 248
Joined: Sat Jun 02, 2018 4:00 pm

Re: Soaring prices ahead for silver?

Post by Kurt28 » Wed Feb 03, 2021 2:31 am

"J.P. Morgan is now short 25% of world silver production."

https://www.investmentwatchblog.com/sil ... -silver/

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