Those of you who track silver

[yankees60]

https://www.etf.com/sections/features/s ... ead%20More

Silver ETFs Rally Toward Records: Can $50 Be Broken?
Silver prices are closing in on record highs, fueling gains for ETFs tied to the metal.

[dualstow]

I saw something about a 14-year high. Is this true?
Earlier:

$45 this morning.

[pmbug]

Flirted with 48 earlier. China is on holiday for a week and I was hoping for a dip sale this weekend, but with the US govt shutdown, it looks like the metals are catching some demand in the West. Timing is everything I guess.

When silver breaks $50, it is likely going to really rip.

[dualstow]

Seems like just yesterday that I gave my nieces some silver coins and they were worth only a little north of $20 spot.
I guess it has been a few years.

[Dieter]

With the huge jump in Gold, I was thinking of switching a little into Silver

Any ETF recommendations?

General thoughts?

[dualstow]

With the huge jump in Gold, I was thinking of switching a little into Silver

Any ETF recommendations?

General thoughts?

What is the rationale? I think Ad O used to pay attention to the silver:gold ratio.
Silver has moved up along with gold.
Or is it because you expect silver to behave like a hypercharged version of gold? (which it sometimes has done).

Code: Select all

https://finance.yahoo.com/quotes/SLV,GLD

(The above is not an etf recommendation; I hold both in physical coin form only. It's just to show the 52-week highs)

[Dieter]

With the huge jump in Gold, I was thinking of switching a little into Silver

Any ETF recommendations?

General thoughts?

What is the rationale? I think Ad O used to pay attention to the silver:gold ratio.
Silver has moved up along with gold.
Or is it because you expect silver to behave like a hypercharged version of gold? (which it sometimes has done).

Code: Select all

https://finance.yahoo.com/quotes/SLV,GLD

(The above is not an etf recommendation; I hold both in physical coin form only. It's just to show the 52-week highs)

In case it zigs in a direction I like when gold zags in a direction I don't

Both have had crazy recent runs

[Dieter]

I bought a little SIVR

Plan to do quarterly purchases

Guess it's time for it all to come crashing down

[dualstow]

Cool. Keep us posted!
I have 1oz silver coins.

[pmbug]

...
When silver breaks $50, it is likely going to really rip.

It's just getting started.

[Dieter]

I'm an investment genius -- silver zagged in the appropriate (up) direction when gold zigged (down)

I've got a track record of close to 24 hours

Worship me!



(Just, ignore my IBIT purchase yesterday )

[I Shrugged]

I'm an investment genius -- silver zagged in the appropriate (up) direction when gold zigged (down)

I've got a track record of close to 24 hours

Worship me!



(Just, ignore my IBIT purchase yesterday )

It’s always great when a plan works out.

[I Shrugged]

It crossed $50 today.

[I Shrugged]

52.60 intra-day at the moment.

[ochotona]

My Mom had a bi-metallic position, half gold, half silver. I sold the silver and went 100% gold. Figured at age 96 she didn't need the added volatility. Now she's got 94% T-Bills and 6% Gold ETF. I think it's good.

[dualstow]

My Mom had a bi-metallic position

So did mine, but she assures me it was just a phase she went through in college.

On a serious note: living to 96 and counting: priceless.

[Xan]

Gives a whole new meaning to a bi-metallic strip! (Which is a very useful way to detect changes in temperature.)

[dualstow]

Silver at 53 per AJPM. Happy Thanksgiving

[yankees60]

A few years ago a friend sold all that she had in the Vanguard Money Market Treasury (VUSXX). Used it all to buy gold and silver.

She got lucky.

I was shocked to see that silver has out-performed gold over the last five years!

[pmbug]

[Dieter]

Silver is just going gangbusters

And Bitcoin going faster in the opposite direction

[dualstow]

I don’t usually watch X-Men or superhero movies on purpose, but isn’t there just something pleasing about watching Juggernaut go through walls?
Silver at 58 and change.

[I Shrugged]

What's driving silver now?