the silver rocket

They pretty much just lost the fight. Dumping some Gold to try and put a lid on it but its NOT working.

Just warming up the Thermite now. Ignition takes a very high temp.

pmbug said:

Expect a fight to stay above $35 tomorrow (Friday - end of week close).

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ok

i agree with the bug....usually the shorters gear up for a friday dump.....we will see .....if we close the week above 35 it is incredibly bullish

last time we got in this range they were able to knock it back to 29ish in two sessions so we will see

I saw the chins bid it up last night and hope the monkey hammer knocks it down tomorrow. It has to pullback somewhere around here if you look at the chart. It' went up too quickly. Do not chase FOMO.

I am looking for a re-entry and to add to some ETFs. Silver should continue to rise, but not in a vertical line.

Stuff I bought from APmex is actually out of the red, and that’s sayin’ something.

I dont think its going back under $35. I may be wrong but I dont think so. All along, as Ive been buying as much as I can, Ive been saying its been undervalued. $36.12 right now. G/S ration still stubbornly high at 93 but down from 105.

Nick / FA

Clues That This Silver Price Breakout Is Real​

Jun 5, 2025
The price of silver got above $35 breaking out to the highest price in 13 years. Is this the start of a huge move in the price of silver? Will silver now catch up with gold to surpass the inflation adjusted price from 2011 of $68 an ounce?
I have been a disappointed hold of silver for close to 20 years as it has not kept up with inflation like gold has. But something is different with this recent silver breakout. The silver price has been rising even as many silver stackers have given up on silver. This shows that retail buyers are not the main movers of the price of silver. With many stackers trading in silver for gold or just plain dumping silver, this could be a real move.
If this is the start of a big run in the price of silver, pay attention to signs of a top, because when silver turns, if can go down very quickly like in 2011. Have a plan in place of what you will do with your silver if the price reaches your target or if the gold silver ratio gets low enough. In 2011 the gold silver ration hit 32. Today the GSR is around 100. At what level of the gold silver ratio should you trade your silver for gold?

9:38

Voodoo said:

They pretty much just lost the fight. Dumping some Gold to try and put a lid on it but its NOT working.

Just warming up the Thermite now. Ignition takes a very high temp.

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Second day in a Row with the same results. Gold getting smacked (as expected after the faux job numbers) but Silver is UP.

Me thinks the bankers have BIG problems.

Buy the miners.

I have no intention to sell my silver because I think its the metal of the future, thus is its importance in next Gen Industry. A big mover and shaker now, besides near future batterys and solar panels, is silvers importance in munitions and defense products. We have a pro-military administration in power and a desperate need to rebuild our arsenal of modern missilery and munitions but about everything needed for defense needs silver, and a lot of it. And this guy is talking about putting up a missile defense shield over the entire country which would require hundreds, probably thousands, of mid tier and long range defense missilery.

At the same time we are also building our next generation "Sentinel" ICBM to replace the Minuteman lll ICBM. Were modernizing our complete line of Tomahawk missiles to the lV and V standard which will include an anti-ship capability. We are building sneaky and stealthy missilery with long ranges and able to attack ships and land targets while remaining virtually invisible. Were building Hyper-sonic missiles, three different ones at once. We are building ultra long range ATACMS and Precision Strike Missiles that will have both land attack and anti-ship capabilities. A more advanced Javelin ATM is being built along with a robotic vehicle that will carry it into combat. The USN's VLS Launch tubes are being built now for robotic land vehicles that can be operated remotely and will be used to fire long range Tomahawk and Standard missiles, as well as every other missile the VLS tubes can accommodate.

The LRASM anti-ship missile uses A.I. to adjust its attack parameters and strike enemy warships with a 1,000 HE warhead. Several new ultra smart and long range ATA missiles are being developed, like the AIM-260, and new generations of stealthy warplanes are being developed and built. The USN's Raytheon-made AN/SPY-6 radar is being installed in some form on all new warships and many ones already built while a new powerful X-band radar is being built for missile defense. Both require substantial power and this fact alone means lotsa silver.

And Ive just touched on a small % of military applications without even going into its other Industrial and medicinal uses. Its electrical conductivity alone makes it an essential metal for advanced technology. I think the market is also sniffing out the new solid state auto batterys being developed that uses silver pretty extensively. I dont know the current state of this technology but I'd bet just a successful test would be behind this price rise. I do know from working at one that silver is valued as a recyclable metal. As it stands if just 20% of the auto market becomes EV with this battery propelling it, a conservative number, these batteries alone would account for 65% of the current world silver production. Making personal silver stacks/recyclables even more important.

Its hard NOT to be bullish on the metals futures. I just dont see how you can lose and give it 5 to 10 years and I bet its very possible we'll be looking at $100 oz or something close.

​

Paid $31.10 in 2021

Silver still under-valued as it easily stayed above $36 at $36.37 oz like I predicted. I'd be surprised to see it go under $36 in the short term, if ever, for the reasons Ive stated ad nauseam. But I could be wrong. I may know little about PMs but I know a lot about military weaponry and the entire world right now is in an arms race the scope of which we have never seen before.

I'm talking a lot of countrys both buying and making/selling. A lot of high tech gear across the spectrum of defense needs that rely heavily on silver for their contruction. In the MidEast we are seeing the beginnings of Hyper-war and its nothing compared to the technology America and China are developing as well as the Euro-consortium and the smaller players both in production and fielding of advanced radars, war ships, missilery, drones, A.I,....ect

And theres a reason nobody is admitting the silver usage in this production, a couple of reasons actually. Firstly everybody wants to keep the price of silver as low as possible and dont want any silver runs if it starts going $50 to $100 oz. Its bad enough the run gold is on, which also has uses in defense production but less. Secondly America is already forced to import a lot of silver that , although the sources are relatively stable, we dont want to become more dependent on essential minerals then we already are. Its bad enough were so dependent on rare earths let alone adding silver to the mix. And its just getting worse as the world is into it 5'th year of way to much demand and not enough increase in production https://www.sbcgold.com/blog/silver-market-faces-massive-deficit-in-2025/

The silver market is facing steep shortages heading into 2025, according to a joint forecast by the Silver Institute and Metal Floss*. The shiny metal is experiencing an explosive combination of surging demand and stagnant supply, a trend expected to continue next year. Despite the post-election pullback, experts expect silver prices to benefit from this market tension in the long run.
The Supply Side
The supply side of the silver market has remained relatively unchanged for over a decade. In 2024, the silver supply is estimated to grow by a measly 2% to 1.03 billion ounces. For context, the silver supply was 1.07 billion ounces in 2010. That’s nearly a 4% drop over 14 years.

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We are already reliant on 79% of our silver thru importation with defense needs information the Govt. keeps hidden in a deep dark hole.https://www.moneymetals.com/news/2023/11/30/why-was-the-us-silver-stockpile-raided-by-dod-002877

I dont expect to ever see $35 silver ever again which is why I added a bunch of junk and 10 oz'ers before this latest crunch. Copper too is a very important mineral thats left off the 'essentials" list even tho its absolutely essential. That metal recycle outfit I worked for would gobble up copper and silver with both hands and the street bums would risk jail time breaking into outdoor A/C units for a few bits of copper to sell.

We had organized theft rings specializing in cutting catalytic converters from autos for the platinum, palladium, and rhodium in them. And outfits bought them on the sly because its far easier recycling these metals then mining them, which is a sloppy process.

There is no direct, publicly available evidence confirming that the US military is currently using the PIC USB2422 cable in specific military systems or applications as of my last update. However, based on the characteristics of the PIC USB2422 cable and the context of its design, it’s plausible that it could be used in military applications, particularly in aerospace and defense contexts.

The PIC USB2422 is a USB 2.0 high-speed data cable specifically engineered for airborne applications, with features like silver-plated copper conductors, FEP insulation, 100% foil plus 80% braided shielding for EMI protection, and an ETFE jacket for durability. It meets stringent standards, including EIA-364-XX specifications, Skydrol resistance, RoHS compliance, and FAA flammability requirements (FAR Part 23 and 25). These properties make it suitable for harsh environments, such as those encountered in military aerospace systems. The cable is designed to support reliable data transfer in high-speed USB 2.0 applications, with cable runs up to 18 feet, and is marketed for use in mission-critical aerospace and defense scenarios.

PIC Wire & Cable, the manufacturer, has a history of supplying cables and assemblies for military programs, including major systems like the Hunter UAV, Chinook helicopter glass cockpit upgrade, Joint Primary Aircraft Training System (JPATS), T-38 retrofit, and the Blue Force Tracker program for military ground vehicles. While these programs involve other cable types (e.g., 50-ohm RF cables), they demonstrate PIC’s established role as a supplier to the US military and its familiarity with military-grade requirements.

The USB2422’s design aligns with the needs of military aerospace applications, such as navigation systems (e.g., GPS, radio altimeter) or communication systems, where reliable, EMI-resistant data transfer is critical. Additionally, its availability through distributors like Boeing Distribution suggests it is accessible for integration into military or defense contractor supply chains. However, specific documentation linking the USB2422 to active US military use (e.g., in a particular aircraft, vehicle, or system) is not publicly detailed in the available sources.

Given the cable’s specifications and PIC’s track record with military contracts, it’s reasonable to infer that the USB2422 could be used in US military applications, particularly in airborne systems like aircraft or UAVs, but confirmation would require access to classified or proprietary procurement records. If you’re seeking specific instances of use, you might need to contact PIC Wire & Cable directly or consult military procurement databases (if accessible) for detailed contract information. Alternatively, I can search for more recent or specific references if you’d like, though sensitive military applications may not be publicly disclosed.

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The bottom line is nothing moves energy and retains it like silver and silver based products. Theres nothing in the world that conducts electricity like it.

$36.39 still and I'd bet it will just go up. I'm buying all the junk silver that I can. The G/S ratio is slowly going down and now stands at around 93 oz of silver for one of gold. This is down from a high of over 105. And this is with gold being awfully expensive so its saying something.

And what its saying is cheap silver is going to become a thing of the past so I'm getting it while I can. I used to like buying silver Eagles but they are all past $40 oz in BU condition. The 1 oz Libertads are basically MIA from the market. Mostly in the last few months its been junk silver and 10 oz bars for me along with the occasional art piece from the Germania mint, who makes such spectacular designs. Silver is an exceptional canvass for artistic use. The old Lady is an artist so I buy a few of these to make her happy.

What I'd really love to do full time is collecting but I have to stack bullion in order to dribble the occasional numismatic. I'm building a wall display of 20'th century coinage and currencys leading up to the end of WW2 in remembrance of the events of the period 1900 to 1945 or so.

I am waiting on silver to dip. I bought some gold today on its dip.

Did you know the size of the global gold market is around $20T.
The size of the global silver market is $95B.
Size of the global platinum market is $9B.

I am excited to see how the markets behave when the chins corner the physical markets. The USA should buy up all the silver and platinum laying around to get ahead of the curve.

$37

Knew I should have bought more yesterday. I have the money but wanted to keep it as a diversification investment. I personally can't remember it going up a buck an ounce so quickly.

SilverStacker said:

Knew I should have bought more yesterday. I have the money but wanted to keep it as a diversification investment. I personally can't remember it going up a buck an ounce so quickly.

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I live rural.....usually got to "town" once every week or two.....try to stop by a lcs at least once a month...today was the day I had planned to go to town and stop by the lcs had plans to pick up possibly some 10oz or kilo bars.....I think I will just relax and wait a bit ...I'm in no hurry

Edit to add.... well the LCS parking lot was not full so i stopped by and picked up a Germania kilo and a 10oz scottsdale stacker bar they had laying out i guess the good thing about a price jump is premiums evaporate for a few days so basicly got them for the same price as it would have been yesterday