Author Topic: Silver is exploding  (Read 287 times)

Coach is Back!

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Silver is exploding
« on: Today at 08:05:15 AM »
Just about 2 years ago I bought 240oz at $32….

Today…


Humble Narcissist

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Re: Silver is exploding
« Reply #1 on: Today at 08:41:08 AM »
I sold all of mine a couple of years ago. :'( I do still have some gold coins though.

IroNat

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Re: Silver is exploding
« Reply #2 on: Today at 09:00:59 AM »
Coach,
You're rich!  ;)

(Some say this is a sign of dollar devaluation, impending economic collapse and chaos.)


gib

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Re: Silver is exploding
« Reply #3 on: Today at 09:03:41 AM »
I have gold and silver.

But I can tell you, the moves you will at some point in BTC will be 10x what you are seeing now with gold/silver.

Humble Narcissist

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Re: Silver is exploding
« Reply #4 on: Today at 09:13:51 AM »
I have gold and silver.

But I can tell you, the moves you will at some point in BTC will be 10x what you are seeing now with gold/silver.
Good luck with that.

unwieldy

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Re: Silver is exploding
« Reply #5 on: Today at 09:27:52 AM »
Coach,
You're rich!  ;)

(Some say this is a sign of dollar devaluation, impending economic collapse and chaos.)



I know it's just a movie, but that kid looks on top of the world

Rambone

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Re: Silver is exploding
« Reply #6 on: Today at 09:32:08 AM »
I just signed a petition for Coach to change his username to Humble Braggart. Humble Narcissist was already taken.

IroNat

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Re: Silver is exploding
« Reply #7 on: Today at 09:42:43 AM »
I just signed the petition for Coach to change his username to Humble Braggart. Humble Narcissist was already taken.

Bhanky claimed to be a money wizard but Coach is the real deal.

gib

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Re: Silver is exploding
« Reply #8 on: Today at 09:54:25 AM »
Check out this currency debasement ETF just launched:

https://finance.yahoo.com/news/bitwises-debasement-etf-pairs-bitcoin-225754736.html

Consists of Gold, BTC, Silver, Platinum, as well as various miners of these commodities.

FitnessFrenzy

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Re: Silver is exploding
« Reply #9 on: Today at 09:59:43 AM »
I don't think it is sustainable. I see it as a bubble.

Rambone

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Re: Silver is exploding
« Reply #10 on: Today at 10:01:05 AM »
Check out this currency debasement ETF just launched:

https://finance.yahoo.com/news/bitwises-debasement-etf-pairs-bitcoin-225754736.html

Consists of Gold, BTC, Silver, Platinum, as well as various miners of these commodities.

Cool idea. I’ll pass on the 1% fee though.

loco

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Re: Silver is exploding
« Reply #11 on: Today at 10:21:02 AM »
Some say this is a sign of dollar devaluation, impending economic collapse and chaos.

"Nobody Knows Nuffin"


Coach is Back!

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Re: Silver is exploding
« Reply #12 on: Today at 10:26:12 AM »
I just signed a petition for Coach to change his username to Humble Braggart. Humble Narcissist was already taken.

Probably less than most.

loco

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Re: Silver is exploding
« Reply #13 on: Today at 10:34:53 AM »
Knowing an asset’s history and “personality” can be invaluable to investors. For instance, natural gas is known as the “widow maker” for its tendency to have large spikes followed by large drawdowns. Silver has a similar history.

https://finance.yahoo.com/news/repeat-history-why-silver-may-174500298.html

AI Overview:

Investing in silver is nicknamed the "widow-maker" because its extreme volatility and thin market liquidity can produce sudden, massive price swings, causing catastrophic financial losses for investors, particularly those using leverage. Historically, silver experiences euphoric, rapid spikes followed by sharp, severe corrections, often trapping investors in high-risk, "too-hot" positions.

MAXX

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Re: Silver is exploding
« Reply #14 on: Today at 11:38:07 AM »
like gold a hedge against inflation... gold is going up big time as well

but with silver it combines with the forecast that AI will continue to ramp up and require more silver for microchips

who knows if AI will take off as they say logically it will but who knows how fast or slow that transition really is and if it will require that much silver... a lot of factors.

IroNat

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Re: Silver is exploding
« Reply #15 on: Today at 12:02:00 PM »
This was big news back when father was a boy.

>

Silver Thursday

https://en.wikipedia.org/wiki/Silver_Thursday

Zillotch

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