Midnight to 6am - Overnight Spot Watchers Spot...

[mmm....shiney!]

Pop!



Trading Economics attributes the surge to uncertainty in the US election, middle-east tensions, positive economic news out of China (the largest metals consumer) and a rate cut by the ECB. Up 41% from 52 weeks ago and 39% YTD.

 

[mmm....shiney!]

Up 58% from 52 weeks ago, 38.5% YTD.

 

[JohnnyBravo300]

And Russia is now stacking silver as a reserve alongside gold.

 

[mmm....shiney!]

I don't think it's begun yet.

Edit to add: and yes, I get hung up on semantics.

 

[JohnnyBravo300]

And it hasn't even begun yet!!! Whoohooo!!!

 

[bubblebobble2]

I guess THAT secret is out….debt ceiling needs to be moved again…..

 

[bubblebobble2]

Silver is 'comfortable' @$50AUD

 

[raven]

very !
not seen since 2011
by me i.e.

 

[jultorsk]

Goodness me.

 

[dragafem]

If it crashes back from here a lot of people will be in pain...

 

[Real $ Return]

If it crashes back from here a lot of people will be in pain...

Has a history of doing so, hopefully this time diff the point of ATH in gold in my amateur opinion is price people want to pay...and how much is left in price potential silver has the hype thats why we almost always pay premium. But when is cut off point? If all the pumpers ring true then who will buy it at $80,$100,etc who will sell? Will faith in further growth continue or will diamond hands go to paper and take profit. Some sit on 10s of kgs some more...gold being diff tier 1 asset and ive never seen a kg here up for grabs its a point of liquidity being harder to do unless something special

 

[Real $ Return]

Ratio isnt budging much the real tribal AG believers still hold on to old mining ratio of 7 to 1 etc $1000 silver, ive even heard 1 to 1 Gold is far superior store of wealth in condensed form and generally more sought after even seasoned stackers usually look to trade at certain ratio. Hopefully theres more juice to squeeze and potential reached, timing is hard

 

[bubblebobble2]

If it crashes back from here a lot of people will be in pain

Only when US stops supplying israel+Ukraine weapons..... don't hold your breath

 

[sammysilver]

Those bloody missiles use up so much silver!

 

[Shaddam IV]

We got a dual Friday Smack-up! Things haven't been this exciting in a while!

 

[sammysilver]

I wonder if those with dry powder have regrets?

 

[sammysilver]

I’m doing a market store tomorrow where I sell coins and bars. I wonder how the general public will react?

 

[mmm....shiney!]

Probably too early for the mania stage, especially as it's not close to USD highs so not likely to make much news.

 

[jultorsk]

I’m doing a market store tomorrow where I sell coins and bars. I wonder how the general public will react?

How did it go Sammy?

 

[sammysilver]

It was a 9am start so early days. I’ve sold a bottle of after shave, a sterling silver ring, and an old bicycle lamp.