Silver is exploding

[obsidian]

The Gold and Silver Bugs always come out in times of uncertainty to fleece the suckers.

Paper gold and silver (futures, ETFs, swaps) trade in volumes that massively exceed the amount of metal that can realistically be delivered on venues like COMEX. That's how derivatives markets work when most participants just want price exposure, not delivery.

But when real-world demand for bars and coins spikes, physical gold and silver often trade at a premium to the paper “spot” price. That premium reflects minting, logistics, and — more importantly — tight physical supply. It’s the market signaling that paper price ≠ real-world availability.

In calm markets, paper sets the reference price.
In stressed markets, physical trades higher — and that premium is the truth leaking through.

https://capital.com/en-int/analysis/physical-gold-vs-paper-gold

Physical vs paper gold: understanding the price spread

Gold plays many roles in the global economy – as a traded commodity, a store of value, and a measure of confidence. Yet its price can vary depending on how it’s bought or sold.

Paper gold instruments, such as ETFs or gold futures, let market participants trade price movements without taking delivery of the metal.
Physical gold, however, involves the full production and delivery chain – refining, minting and logistics.

The divergence between paper and physical markets contributes to the wider spread. Analysts estimate there may be several paper gold claims for each ounce of physical metal, increasing the risk of shortages and pushing up physical premiums.

A clear decoupling has emerged in 2025. With refiners facing logistical challenges, bullion ready for delivery has become scarcer, leading dealers to pass on higher premiums. At the same time, central-bank buying and investor preference for tangible assets have widened the spread further.

Paper gold instruments – such as ETFs and futures – may not always be fully backed by physical reserves, introducing counterparty risk and prompting more investors to seek actual bullion. Many institutions have shifted from paper to physical holdings amid geopolitical tensions, inflation concerns and market uncertainty.

[Flexacon]

Silver traded sideways for more than a decade and even declined during Bitcoin’s formative years. I’m glad it’s finally repricing. I think it still has plenty of upside — it's very undervalued relative to the S&P 500. Gold is also still significantly undervalued, in my opinion.

I bought 100 oz of silver at $15. For many years, I questioned why I even bothered. I never sold, of course, so now I’m curious to see just how high it can go.

Silver down 40% since your top signal post

[Dave D]

Silver down 40% since your top signal post

Down 40% from its all time high but still up 100% compared to the price last year.

[Flexacon]

Down 40% from its all time high but still up 100% compared to the price last year.

A top signal in technical analysis indicates that an asset's price has reached a maximum level and is likely to reverse from an uptrend to a downtrend, signaling a potential time to sell or take profits.

When obsidian bull posts anything you sell. He is the best top signal you'll ever encounter.

[Humble Narcissist]

A top signal in technical analysis indicates that an asset's price has reached a maximum level and is likely to reverse from an uptrend to a downtrend, signaling a potential time to sell or take profits.

Should have sold a long time ago.

[Never1AShow]

A top signal in technical analysis indicates that an asset's price has reached a maximum level and is likely to reverse from an uptrend to a downtrend, signaling a potential time to sell or take profits.

I always took Obsidian for a bottom signal kind of guy

[IroNat]

[Rambone]

Coach said it will come back. I trust his insight and predictions.

[Dave D]

A top signal in technical analysis indicates that an asset's price has reached a maximum level and is likely to reverse from an uptrend to a downtrend, signaling a potential time to sell or take profits.

When obsidian bull posts anything you sell. He is the best top signal you'll ever encounter.

I appreciate you taking the time to educate me.

I have several people in my life who are silver hoarding and they are convinced it’s going back up, lol.

[oldschoolfan]

Coach said it will come back. I trust his insight and predictions.

yes so do i   coach is a delta force commando

two time stroke survivor 

trainer of ifbb amateurs and pros

coach to professional athletes that no one has heard of

political consultant to donald trump and the white house


owns a mansion on the beach that he reminds everybody about on a daily basis

4-11 without his man boots on

[obsidian]

Silver down 40% since your top signal post

I'm not a trader. Yes, it was a local top. You want a cookie you fat fuck dipshit?!

It will go higher though, that's guaranteed. Because the dollar is an absolute shitcoin. I held silver since 2010. I don't sell but keep it as a hedge.  I don't care about short term moves. Zoom out the silver chart. This recent price correction looks like a little blib in the timeline. Sure, it can correct more. I have said before I am wrong often. Yes, do the opposite of what I do. lmao! I don't do price analysis for a living and don't need validation.

https://www.tradingview.com/chart/JhkJkbxB/?symbol=OANDA%3AXAGUSD

[obsidian]

I appreciate you taking the time to educate me.

I have several people in my life who are silver hoarding and they are convinced it’s going back up, lol.

Why would it not? People act like the dollar is a store-of-value. Unbelievable! Look at the Big Mac Price Index! You continue to need more and more dollars to buy the same burger. Almost everything will cost more in dollar terms given enough time. The dollar loses value, period. Why would that change?!

https://inflationchart.com/bigmac-in-cpi/?show_adjuster=0&show_divided_by=0

[obsidian]

Down 40% from its all time high but still up 100% compared to the price last year.

Silver is up 172.97% the past 5 years. Should be more IMO. I have zero faith in the dollar. It's a useless shitcoin. Flex-A-Con fancies himself a trader I guess. He'll pick any point in time that favors his arguments. He has an absolute need for validation and approval. I am mostly wrong. I don't give a fuck. 

https://www.apmex.com/silver-price

[obsidian]

By the way, when silver was trading at $120, good luck actually getting that price for physical coins and bars. If you check reviews of local bullion dealers, many were offering significantly less. Their typical justification was volatility — they needed a buffer to manage risk and stay profitable.

In reality, you might have received closer to $90–$100 even when spot was at $120. Maybe a highly motivated buyer would pay spot, but that wasn’t the norm. It usually takes sustained price levels before the gap between spot prices and what dealers are willing to pay begins to narrow.

In theory, physical silver should trade at a premium to paper silver because of fabrication costs, logistics, and immediate availability. But in practice, that’s not how it plays out during sharp price moves — dealers widen spreads, manage inventory risk, and often bid well below spot despite those underlying premiums.

[walkerblocker]

yes so do i   coach is a delta force commando

two time stroke survivor 

trainer of ifbb amateurs and pros

coach to professional athletes that no one has heard of

political consultant to donald trump and the white house


owns a mansion on the beach that he reminds everybody about on a daily basis

4-11 without his man boots on

[AbrahamG]

yes so do i   coach is a delta force commando

two time stroke survivor 

trainer of ifbb amateurs and pros

coach to professional athletes that no one has heard of

political consultant to donald trump and the white house


owns a mansion on the beach that he reminds everybody about on a daily basis

4-11 without his man boots on

I believe he denies this. 

[Flexacon]

I'm not a trader. a bagholder. Yes, it was a local top. You want a cookie you fat fuck dipshit?!

It will go higher though, that's guaranteed. Because the dollar is an absolute shitcoin. I held silver since 2010. I don't sell but keep it as a hedge.  I don't care about short term moves. Zoom out the silver chart. This recent price correction looks like a little blib in the timeline. Sure, it can correct more. I have said before I am wrong often. Yes, do the opposite of what I do. lmao! I don't do price analysis for a living and don't need validation.

Fixed for accuracy. It's amusing of you to say you don't seek validation, yet you write essays across multiple posts and charts to justify your position and bag holding. Pure comedy bag boy



lol@ Coach catching strays in every thread

[Flexacon]

I appreciate you taking the time to educate me.

I have several people in my life who are silver hoarding and they are convinced it’s going back up, lol.

If they'll listen and you're inclined to wanna help them then they would be better off holding gold over silver. Better chance of gold seeing a new slightly higher high soonish (next couple of years). If not the downside is limited compared to silver

[obsidian]

Fixed for accuracy. It's amusing of you to say you don't seek validation, yet you write essays across multiple posts and charts to justify your position and bag holding. Pure comedy bag boy



lol@ Coach catching strays in every thread

Bagholder? Damn right — I’ve been holding silver since $15 since 2010, never sold. You? Zero skin, zero holdings, just lurking like a stray bitch crying about 'essays' because you can’t read anything longer than a coloring book, you illiterate fuck.

Yeah it dropped — call it 35-40%, whatever. In the big picture that's a tiny blip. Silver's still up ~173% the past 5 years while I’ve been holding since $15 in 2010, never sold once. Dollar’s a shitcoin, it’ll rip higher. Zoom out, dipshit.

[Flexacon]

Bagholder? Damn right — I’ve been holding silver since $15 since 2010, never sold. You? Zero skin, zero holdings, just lurking like a stray bitch crying about 'essays' because you can’t read anything longer than a coloring book, you illiterate fuck.

Yeah it dropped — call it 35-40%, whatever. In the big picture that's a tiny blip. Silver's still up ~173% the past 5 years while I’ve been holding since $15 in 2010, never sold once. Dollar’s a shitcoin, it’ll rip higher. Zoom out, dipshit.

Tears of a top signal

[obsidian]

Tears of a top signal

Remind me in 10 years. 

[Coach is Back!]

Fixed for accuracy. It's amusing of you to say you don't seek validation, yet you write essays across multiple posts and charts to justify your position and bag holding. Pure comedy bag boy



lol@ Coach catching strays in every thread

I own the weak minds of many on here 😂

[Dave D]

Why would it not? People act like the dollar is a store-of-value. Unbelievable! Look at the Big Mac Price Index! You continue to need more and more dollars to buy the same burger. Almost everything will cost more in dollar terms given enough time. The dollar loses value, period. Why would that change?!

https://inflationchart.com/bigmac-in-cpi/?show_adjuster=0&show_divided_by=0

Obviously silver will increase in price especially if you are basing it on the dollar, my point was it is very unlikely to back to its peak price.

But what do I know, silver is used in many applications and could become scarcer. For the last decade it’s been $30 something an ounce and now it’s hovering in the mid $60s. Buying it is never bad.

[obsidian]

Obviously silver will increase in price especially if you are basing it on the dollar, my point was it is very unlikely to back to its peak price.

But what do I know, silver is used in many applications and could become scarcer. For the last decade it’s been $30 something an ounce and now it’s hovering in the mid $60s. Buying it is never bad.

Silver’s industrial demand naturally limits its price — too high, and manufacturing costs rise — so some see room for market manipulation. Gold is used in electronics, switches, aerospace, and medical devices, but these uses are small compared with jewelry and investment, so its price isn’t as constrained by industry.

However it is still undervalued IMO. I am wrong often though, so probably sell all your Devil's Metal — its going to zero.

[Dave D]

Silver’s industrial demand naturally limits its price — too high, and manufacturing costs rise — so some see room for market manipulation. Gold is used in electronics, switches, aerospace, and medical devices, but these uses are small compared with jewelry and investment, so its price isn’t as constrained by industry.

However it is still undervalued IMO. I am wrong often though, so probably sell all your Devil's Metal — its going to zero.

LOL it’s not going to zero. Idk enough about precious metals but as I said I have a coworker who has gone all in on silver, obsessed with it, and it’s been fascinating to watch.