Might be a big couple of weeks for silver

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SilverStacker

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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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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.......
 
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