Might be a big couple of weeks for silver

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SilverStacker

Big Eyed Bug
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I have a gut feeling the next 2 to 4 weeks will be big for silver and when I say "big" I mean "transitional". Silver will never be cheap again nor will it ever be under $60 an oz again. This is of course just an opinion but I think we have a short window to load up on physical, the question is what type of expensive silver to buy. Normally I'd buy bars, rounds, 10 oz slabs, and wouldnt care what was stamped on it as long as "999 fine" was but the market is so crazy Govt. back coinage is about the same price as rounds. And while spending $65 or $66 a coin is nuts it is what it is and I dont think its going to change.

And I believe the market is being controlled by factors other then the spot price so even if the spot price dives a few bucks it wont affect retail prices much. The market is terrified by availability, Industrial demand, Govt. and banking hoarding, supply deficits, mine production issues....ect .Put it this way, if I had $100,000 right now I'd buy $100,000 worth of silver while just a few months ago I would have probably bought more gold then silver. The dynamics have changed and the numbers just aren't adding up so what money I am able to scrape together I'm buying silver with. And I never thought I'd see the day where rounds were the same price as Govt. coins or even cheaper then.

 
SilverStacker said:
I have a gut feeling the next 2 to 4 weeks will be big for silver and when I say "big" I mean "transitional". Silver will never be cheap again nor will it ever be under $60 an oz again. This is of course just an opinion but I think we have a short window to load up on physical, the question is what type of expensive silver to buy. Normally I'd buy bars, rounds, 10 oz slabs, and wouldnt care what was stamped on it as long as "999 fine" was but the market is so crazy Govt. back coinage is about the same price as rounds. And while spending $65 or $66 a coin is nuts it is what it is and I dont think its going to change.

And I believe the market is being controlled by factors other then the spot price so even if the spot price dives a few bucks it wont affect retail prices much. The market is terrified by availability, Industrial demand, Govt. and banking hoarding, supply deficits, mine production issues....ect .Put it this way, if I had $100,000 right now I'd buy $100,000 worth of silver while just a few months ago I would have probably bought more gold then silver. The dynamics have changed and the numbers just aren't adding up so what money I am able to scrape together I'm buying silver with. And I never thought I'd see the day where rounds were the same price as Govt. coins or even cheaper then.

Click to expand...

I took out a loan to buy more metals (Ag and Re) using gold as collateral in October. So far so good. Up around 30%.
 
I bought more miners, but should have added AGQ last month. What a run it is on.
 
Went to about $67 but then backed off. I expect more of the same in the next few weeks. I knew this would happen ! The chain of world and economic events gave me the gut feeling, "so did watching a bunch of you tube videos too I must admit". "I'm no Swamee".

I'm going to pull another grand out tomorrow and buy more.
 
I was always an online buyer guy. But there was always a LCS about 6 blocks away and I finally went in to check them out. They have a nice gold selection but it was the silver I was interested in. Strangely their coins are maybe a buck more then their rounds, tho thats not unusual I guess, but their stock is mostly pristine and in capsules. No doubt place in them by the people who sold.

Anyway Ive been mostly buying from them at prices usually beating online prices and at worst maybe getting beat by 1/2 a buck but theres no waiting 3 weeks to get your package hoping everything is in the box. Yesterday I bought some Perth mint Kookaburras for $68 and the cheapest you can find online is at Safe Haven for $69.45. Best of all I was able to just take the bag of them home. I also bought some ASE's for $70 and the only reason I bought them is for Christmas gifts for my little niece and nephew. My nephew is 5yo and Ive given him 4 or 5 coins already and he is fascinated by the silver and its worth. I want both to start learning about alternative money and the saving of it because their future is going to be far different then my own life has been.

A life spent for the most part revolving around the mighty $USD whose time is coming to an end in a changing world. I dont know what the future lwill look like but I do know I'll be to dead to see it. My guess is it wont be to pretty financially and the American Dream is coming to hard times. These damn Democrats and politicians of all stripes are now concerned with only lining their own pockets and printing dollars into oblivion and the bill is coming due.
 
Well turns out I was right. Now I wish I'd taken out a few $ thou more and went heavy on the metal that went up $12 so far since my prediction. I actually started feeling this tremor in the force around Thanksgiving but I was to chicken to pounce on $53 silver for more then this and that. I bought, but I bought like a guy running scared when every intuition I had told me the metal was going to soar.

And now I'm stuck with all this Monopoly money instead of that beautiful, expensive, metal. Sheet ! Should have listened to my gut, that, and at least believed in the market that saw silver rise 130% in 2025. An incredible run. Oh I bought, but I should have bought more. Even the $10 face in quarters I ordered for $468 on 12-19-25 is now going for $523. And I was sick I had to pay Monument $468. $54 less ! And it hasn't even been shipped yet. I bought a 10 oz RCM bar around Thanksgiving for $527, a 10 oz Kookaburra from my LCS for $500, and now the cheapest RCM 10 oz is going for $777. Last week I was buying 1 oz coins for $73 and rounds for $72 and now they are $76+ to $78. The Kookaburras are damn near $79. The Krugerrand's $80.

Hell the Pandas I bought for $73 on 12-23-25, and thought I was nuts for doing so, are now $79.60. My LCS buys back at $3 under so I'm in the a good spot already. Thing is I can't see trading such precious metal for paper with ink on it. At most I'll trade for gold if things keep going this way. Gold is easier on the nerves. At least I kept the Pandas and didn't give them away as Santa's gifts. I gave the little kids cash instead since I'd rather hold the silver.

Every day I wake up to a new record. Heres the last month and its $20 oz ride.
Um4qV7j.jpeg
 
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Greed or fear is what moves this market.
 
Looks like silver is over shooting right now. I left $100k on the table selling ETFs before Christmas, but did not want to ride it back down and lose $200k.

Fortunes being made right now.
GDXU
SILJ
AGQ
HYMC
EXK
 
nickndfl said:
Looks like silver is over shooting right now. I left $100k on the table selling ETFs before Christmas, but did not want to ride it back down and lose $200k.

Fortunes being made right now.
GDXU
SILJ
AGQ
HYMC
EXK
Click to expand...
now you get to add it to your taxes this year.......
 
pmbug said:
Inelastic industrial demand is what is moving it. Investment demand, much less retail demand, is at best an accelerant.
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Spot on. The interests, be they Govt., Industrial, or large Institutions, buying by the pallet-full, are whats driving it and if there is "fear" its their fear that the production just wont keep up for even more years. Maybe billionaires buying millions of ounces is adding to the hysteria, and making great headlines, but the individuals pulling out from paper and/or buying a few coins at a time is more an "effect" of the "cause" which is "again" the lack of production, tariff scares, and big players hauling in tonnage for Industry ; And I think economic safety in just the holding of it in vaults.

Silver is becoming a new gold. What country , at the prices evolving, wouldn't want a dragons cave or three of metric silver bars just sitting there backing up their economic health ?
 
So on 19 Dec 2025 I bought a roll of 90% junk silver quarters, I think out of boredom, from Monument Metals. Well under spot, I forget by how much, but I paid $468.68 for it and thought I was kind of nuts for doing so later.

Today it awaiting shipment and that same roll now has a worth in silver of $574.30. A $106 more then I paid. Now obviously I doubt anyone would pay that, nor would anyone sell it for that "its currently out of stock" but it just goes to show the meteoric rise in the metal price in a little over a week. On 16 Dec 90% silver/$10 roll price was $455.74 based on the then price of $63.00 oz or thereabouts.

Today I'm considering a 10 oz secondary for $808 from Bullion Express and by Monday will probably regret not buying it. $80.80 an oz for silver today is not a bad price.

Kwaaazy times indeed.
 
Ttazzman said:
now you get to add it to your taxes this year.......
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I knew that, but had so much volatility in the last 2 months I swore I would cash out when it came back. I literally funded 1/3 of my retirement this year and plan on the other 2/3 in 2026. I still have physical which was up well into 5 figures on Friday, but not like sometimes $50k daily swings in paper. Best year I ever had on paper.

Eventually, I am going to rotate to more dividends, but you need to take 400% ROI profits when they slap you in the face.
 
I just did an analysis on my stash, the average price across the whole lot paid was...

US$13 an ounce.

That's the stuff I actively bought, I'm not counting the white buckets full to the brim with 90% US coinage (approx 30kg worth) I bought for AUD$400 some years back.
 
nickndfl said:
I knew that, but had so much volatility in the last 2 months I swore I would cash out when it came back. I literally funded 1/3 of my retirement this year and plan on the other 2/3 in 2026. I still have physical which was up well into 5 figures on Friday, but not like sometimes $50k daily swings in paper. Best year I ever had on paper.

Eventually, I am going to rotate to more dividends, but you need to take 400% ROI profits when they slap you in the face.
Click to expand...
You still looking at retiring in TN?
 
Well, TN is looking less likely because of kids in FL and snow in TN. I was really looking for a place to escape the summer heat in FL at least for a few seasons. I don't want to do a lot of maintenance.

I am now thinking small place in Okeechobee for 6 months and 6 months in SE Asia and Albania/Georgia. I can always buy in TN, but the wife unit is not too excited about being isolated in the mountains.
 
Bottom Feeder said:
Yep — today's range (so far) $71.78 - $83.93
Have we seen this before?
heh
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Yep and I knew better. Even still the dynamics have shifted and the next rise of silver is assured. Its just a matter of time. A few coins at $83 is a loss of dinner money. What matters is I lost the hand of poker. Or my horse came in to show and not win.

In the end theres still inflation, the weak dollar, wars, supply not meeting demand, new era's of technology...ect...ect....ect. Silver can only fall so much and then its right back up again and the only real losers are the guys who signed long and shorts and are ready to jump off roofs today.

I'm just glad I didn't buy more. I simply "hedged" in case silver went up to $100 like the A.I. Asian guys tried to convince us suckers it would.

So dont believe the A.I. Asian guys or the basement Hillbillys whom are all sponsored by bullion sellers. Once again lesson learned.
 
SilverStacker said:
Yep and I knew better. Even still the dynamics have shifted and the next rise of silver is assured. Its just a matter of time. A few coins at $83 is a loss of dinner money. What matters is I lost the hand of poker. Or my horse came in to show and not win.

In the end theres still inflation, the weak dollar, wars, supply not meeting demand, new era's of technology...ect...ect....ect. Silver can only fall so much and then its right back up again and the only real losers are the guys who signed long and shorts and are ready to jump off roofs today.

I'm just glad I didn't buy more. I simply "hedged" in case silver went up to $100 like the A.I. Asian guys tried to convince us suckers it would.

So dont believe the A.I. Asian guys or the basement Hillbillys whom are all sponsored by bullion sellers. Once again lesson learned.
Click to expand...
There are a lot of different YouTube channels that use the AI Asian guy. For the most part, I haven't found much incorrect. Those YouTube channels have been saying, expect a volatile market and corrections. In fact, they predicted this too, take out the late comers with stop losses in place. There was a $14 spread just a few hours ago. Silver was being sold for $89 in Asia. January 1 the restrictions on Chinese silver come into place. We may see that hundred dollars sooner than you think.
 
Bottom Feeder said:
I guess those U-toob channels (movies, videos, whatever) are trying to explain what us old farts knew all along.
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Exactly. And most of the PM gurus that we all know and have been listening to, are saying similar things that AI Asian guys are saying.

But maybe it is all a psyop by the government, then the rug pull!!!
 
Some are trying to talk solver down to $50. I think it's the same ones who said platinum is going to $1200.

The only way we see those numbers is if the system crashes and there is an extreme need for liquidity.
 
Well I'm no trading or metals genius "my forte is military technology" but even I understand the Law of supply and demand and silver appears to be violating it. Most of all with China about to use it was a weapon for all the rest of us to kiss their ass's for. Just like rare earths we were happy enough to see them poison their air, land, and water, making them for us but we didn't expect them to stop selling us what we want.

The things that use silver are just using more at an exponential rate and God ain't making any more of it.

Unless someone is hiding a few trillion ounces of it buried in their yard. If you do I'll give you $3 under spot as long as I get free shipping.

On another note I was able to find a 1st time customer sale "I love the things" at Bullion Express for 10 ounces of the .999 for $711. Its up to $729.88 right now so I'll call that a "win". Asia is open for trading and silver just jumped a buck. Still not a bad price for 5 rounds and 5 bars. https://bullionexpress.com/product/10-oz-silver-at-spot/

I dont think its going to get much better. But do as I say, dont do as I do.
 
Watch what happens with China/SGE Sunday night. LBMA spot is chasing the SGE - China is driving the bus. Next week we should leave the Bloomberg Commodities Index rebalancing FUD behind. SCOTUS punted on the Trump tariff ruling, so there should be few headwinds for silver next week.
 
I post daily updates in two places:

pmbug

Post in thread 'Silver Demand Drivers (and vault totals)'

👀 Yesterday (1-8) in silver

Yesterday silver spot climbed to ~$77 and then jumped to $78 overnight. Below the surface, silver is flying around ... 🧵👇

spot 1-9-26.gif

COMEX 1-7 activity​


Zero silver deposited

3.2M ozt (101.3 tons) withdrawn from Asahi (595K), CNT (622K), Delaware (111K), HSBC (635K), JPM (1.3M)

1.7M ozt (54 tons) moved from [R] to [E] in Asahi (389K), Brinks (349K), CNT (958K) et al vaults

COMEX Commentary​


Wed was busy in the COMEX vault system - especially JPM who moved 2 full truck loads out for the second day in row. We also saw a large swing of silver...

pmbug

Post in thread '2026 Lunatic Fringe - Market and Trade Chat'

 
There are a couple of doomers on YouTube like Gareth who uses TA to make his trades. According to him he is a multi-millionaire, but he keeps saying like a few others that silver could go back to $40s.

He has an obsolete business model like past newsletters from the 1980s pre-internet. They would have two mailing lists. They would send a bull letter to some clients and a bear to others so they could be right in one half and then attract new subscribers after they promoted their prediction.

Today everybody has a cell phone and unless you are a diehard democrat who always takes both sides of an issue your true opinion will be known.
 
Hype merchants playing both sides of the fence. Reality doesn't get as much attention.
 
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