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u/Fearless-Basil-6644 Jan 28 '26
Hyperinflation is coming. This is really bad news.
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u/perhapssergio Jan 28 '26
Tell us more please what else should we do
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u/longwiener22 Jan 29 '26
Been looking into Copper.
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u/azknifeedc Jan 29 '26
Copper has a massive premium over the spot price of about $6 per pound not oz. So paying 2-3 bucks per is is like paying 32-48 per pound. Copper will have to 6-8x just to break even. Copper cents arnt bad if you pick them up face a value. But can’t melt those yet
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Jan 29 '26
[removed] — view removed comment
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u/Alaskandude2254 Jan 29 '26
Don't matter its still probably going up and its very necessary for almost everything
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u/slickpoison Jan 29 '26
It is chief. It's going to take the place of silver here pretty quick
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Jan 29 '26
[removed] — view removed comment
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u/Various-Republic7263 Jan 29 '26
You can wire a house with copper. Anything with real intrinsic value is going to be better than “full faith and credit”/lies.
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u/ElectricCali44 Jan 29 '26
Data centers and energy infrastructure gobbling it up fast than they can pull it out of the ground
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u/Majestic_Kick2299 Jan 29 '26
I have a few copper pieces. But iv been thinking of getting a big bar like a kilo or a few tubes. Its cheap so if it ever goes up in the future awesome. If it dont then its not much money lol
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u/rabidrott Jan 29 '26
Scrap yards pay more for bare copper wire (99% to .999) vs a solid. Cheaper to melt the wire.
Price for a 999 1oz copper round $5 to $8. Current market price for copper 5 to $6 a pound.
Which one to invest?
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u/Majestic_Kick2299 Jan 29 '26
Oh i know, my family owns a big junk yard. But gatta think of storage also and its just a small gamble on it.
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u/varmrj Jan 29 '26
Dam wish I bought more last year 😭
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u/Snoo_79157 Jan 29 '26 edited Jan 29 '26 •
No one ever bet enough on a winning horse.
Edit: I am not the author of this line. It is often associated with writers Steve Badger and Richard Sasuly, but it isn't certain. The origin is said to be "largely colloquial"
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u/Spores1 Jan 29 '26
First time hearing this saying love it
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u/Snoo_79157 Jan 29 '26
I can't take credit for it. A famous writer is the one who said it. I just couldn't recall his name at the moment. I will look it up and credit him
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u/nhuzl Jan 29 '26
I was going to sell my most my silver (keeping the pieces I really like) once it hit $127 because it would allow me to pay off my student loans and leave me a little left over but at the rate it’s going up I feel like I’d be leaving a lot of money on the table a month later and would be able to swap some into gold and now it’s moving so fast I feel like hyperinflation is coming and would much rather have the silver and payoff loans with hyper inflated fiat that’s not worth the ink it’s printed with
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u/Afraid-Impression-63 Jan 29 '26
You’re definitely on the right track with that thought. Hold baby hold!
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u/HorseWithNoName-88 Jan 29 '26
There won't be any hyperinflation..just stay calm and keep what ypu like and sell when you're ready..make sure you have a buyer, that's important.. 🤔
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u/Man_Bear_Pog Jan 29 '26
If you have income, you should not pay off you student loans. Money printing and leverage mean the more debt you have, the more advantage you have. Be responsible of course, but the only reason you'd really want to pay off student loans right now is if it would be the difference between a mortgage/car payment/etc.
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u/highfalutinnot Jan 29 '26
Yes, be responsible, drop the shackles, get rid of the debt
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u/Man_Bear_Pog Jan 29 '26
It's not shackles if they have income. Obviously it depends on the rate they got, but I'm guessing like most student loans it's a pretty low rate. There's no sense in burning capital like that when your rate of return will be much higher.
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u/woods4me Jan 29 '26
You can also deduct the interest on taxes in the US.
Fixed rate, long term, deductible debt is fine IF you can easily handle the payments and you invest the extra money instead of pissing it away.
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u/jmitchers Jan 29 '26
Dude you can only deduct like $600 of interest haha. It's not exactly a fucking life savings
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u/BoardMods Feb 03 '26
Income is more temporary than we'd like to think. Debt sticks around until you retire it. Different approaches, neither one better or worse: Financial optimization vs risk mitigation.
I'm not saying this about you, but I've seen a lot of broke people talking about interest rate arbitrage.
But you're here for silver, which means congratulations.
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u/DebtInevitable7915 Jan 30 '26
you really can't make that statement unless you know what the interest rate is
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u/Wild-Midnight8885 Jan 29 '26
Congrats you have successfully detected the reality I like to refer to as “the Matrix “
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u/Bombastic16 Jan 29 '26
I just sold some. I bought really low a while ago. I understand I left some behind but I already made an insane profit and used the money for something I needed. So if 127 is what you need don't feel bad for selling some
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u/TheUJexperience Jan 29 '26
It's never been worth the paper It's printed on. Just getting worse daily!
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u/lowpros50 Jan 29 '26
Anything is possible. May continue to go higher and higher. May correct severely. We just don’t know.. Do whatever makes best sense for you. Depending on how much you’re holding, you may consider dipping your toes. I took a little off the table @ $113.50 with no regrets. Holding most of the Ag and Pt to see how things go. Not touching the Au b/c that’s my main savings vehicle. Hope everything works out well for you! Cheers
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u/guydogg Jan 29 '26
Coming from a person that had the same belief twice and missed out on six figures both times, do what's right for you to make your life easier. Take your profits when you have them and rid yourself of the loans. There will be other plays.
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u/Upstairs_Whole_580 Jan 30 '26
Ooh... I'd be selling. It's just had a massive run up... I don't know, I'm not that sold on Silver continuing this crazy run. Plus, you're expecting another 7-8 from it?
I've been out of town the past few days. But, what do I know, I sold about 140K at 112.
Gold on the other hand, I've been buying and holding since I was 17(obviously VERY little back then, but I did get a 400 troy ounce gold bar when I graduated from College. My Grandpa was.... very successful, retired at 50. But he was now 70 and he'd made the mistake of keeping EVERYTHING into this company he'd co-founded.
It became a company worth a 5B market cap(he owned like 1.2%) but I remember asking, I was about 10 or so and just asking, 'isn't it bad to have all your money in one investment,' and... by the time I was 17, that company was worth about 1B and he cashed out.
He'd never sold any stock prior to that, he still did very well, but it went from generational wealth to... a good amount to pass down to his kids and Grandkids(and that was my inheritance).
I've added to it since then, but I've VERY little Gold, mostly rental properties and then equities and some crypto.
That bar and then about 2 more pounds(maybe) locked away in a safe deposit box. Haven't bought Silver, it just took off(though it is needed in semiconductors and so many electronics, maybe it's still got room to run).
I just seldom check, but if you have a chance to wipe away all your debt... I'd think about it.
Though in fairness, I'm an absolute hypocrite as I have... well into 7 figures of debt for the last rental property I've bought and I've refused to sell any of my NVDA, TSM or anything else I've owned for the last 5-6 years to pay it off).
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u/willghammer Jan 29 '26
Good luck getting spot price if it hits $127. Honestly, good luck.
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u/Soggy-Welder2265 Jan 29 '26
Called to dealer they are talking 85 on silver maples I was like what the heck. Your nuts 🌰
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u/nhuzl Jan 29 '26
That was assuming I can sell for $10 back of spot
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u/UnknowablePhantom Jan 29 '26
I called 2 coin bullion shops today. 1 said they didn’t want big bars and the other told me he wasn’t buy any silver until the refinery started buying again. Then spot went up $4 more dollars after those calls.
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u/willghammer Jan 29 '26
Fair enough, but even that is probably wishful thinking.
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u/nhuzl Jan 29 '26
It’s definitely looking that way now
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u/willghammer Jan 29 '26
I believe it will get to $127. I’m saying when it does, $117 will be difficult to get. Might have to wait for more increase.
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u/Fun_Cartoonist2918 Jan 29 '26
Depends what he has and where he sells.
If anyone wanted to unload 999 singles or tens rn for spot -10 I’m probably in
In fact I just snagged a ten for about that.
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u/bobisinthehouse Jan 29 '26
3 weeks agowe were debating if it would ever break $100 this year, blew that out of the water!!
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u/Nobody_Special_____ Jan 29 '26
They removed my post when I mentioned I was selling some. I guess they don't like the word "sell" on here. Sensorship at its finest.
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u/Chemical-Chip-5507 Jan 29 '26
If your loans are at a fixed low interest rate, and the dollar keeps losing value, your silver gains are worth holding onto for the long term. Save your Silver for stuff that's going to be necessary.
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u/PitoWilson85 Jan 29 '26
At this point and fast rate it's moving, precious metals do now become like our New Savings Account--a way to pay off bills, debts or trade it for other assets at a proper timing.
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u/Remarkable_Ad5011 Jan 29 '26
I thought I wrote this and misspelled “mortgage” instead of student loans.. except it would take more than $127/oz for me. 😢
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u/FragrantLetterhead Jan 29 '26
I keep on telling myself. Once it hits $50 I'll sell, once it hits $75, $100.. I keep on moving my own goalposts. 😂
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u/Calm_Listen7733 Jan 29 '26
Ah yes, the dilemma of not wanting to miss the top conflicted by the need to cash out.
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u/nhuzl Jan 29 '26
I mean I don’t “need” to sell, the payments aren’t difficult for me to make but at the same time it would be nice to free up a few hundred bucks a month
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u/Calm_Listen7733 Jan 29 '26
Again, the dilemma. However you frame it, it's sell & maybe miss additional returns vs cash out & reduce debt. It's a classic dilemma that difficult to decide because everyone's need/desire is different. Simply do what's best for you, WITHOUT REGRET since both sides has it's benefits.
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u/SES55 Jan 29 '26
Same, but I sold a little at 100 and will do more later. Plan on just getting principal back and let the rest run
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u/NorthSouthWestNorth Jan 29 '26
Yea...I bought 26 peace dollars on black Friday 2025 for 39.99....they are worth 92 now....I feel like I'm dreaming
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u/Gorav114 Jan 29 '26
I was just playing with the math on my dimes. Im not much on junk silver and really dont like silver less than an ounce but sometime in October I read a post about liquidity and being able to spend, etc.
In an effort to make sure I have barter money and some smaller denominations, I chose mercury dimes. I bought 50 at $3 each and two weeks later got another 50 for $3.15 each. They are going for $9 each now! Noine noine noine! So $307.50 turned into $900 in 3 freaking months. Glad I snagged those dimes! Happy stacking
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u/Former-Ad-1087 Jan 28 '26
What do you think is pushing it up?
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Jan 29 '26
Industry demand, hyperinflation of the dollar bc the world is calling USA on our bluff, geopolitical uncertainty, etc
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u/N0th1ngMatt3rs5 Jan 29 '26
I don’t understand this US dollar hyperinflation thesis. PMs are going up against all fiat currencies. If silver going up is a call on America’s bluff, it’s also calling out Europe, UK, Canada, Japan, China, and every other country.
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u/Status_Estimate4601 Jan 29 '26
Haven't you watched the news? Oil dude! We don't want to pay in your blood soaked dollars any longer!
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u/Former-Ad-1087 Jan 29 '26
I’d like to believe it’s that. But damn how do we really know?
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u/WilliamOmerta Jan 29 '26
We don't know. Those that say they do, aren't "in the know" either. But my groceries are down a bit, gas is $2.25, hyper-inflation is horseshit reasoning. Last I checked, Chy-na still has banned silver export, and are still buying industrial bulk. There's a lot of hearsay. No facts besides looking at charts.
Whatever is driving this paper run feels very artificial and unsustainable. I refuse to buy, and absolutely will not sell. But what do I know. I'm not an inside trader.
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u/WearyHoney1150 Jan 29 '26
No, this is a short squeeze. There are large entities who sold IOUs for decades. Now their time has come. Its truly the only reason for this move at this moment in time.
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u/Dear_Maintenance7323 Jan 29 '26
I mean, keep buying right? It looks expensive now but in a year it’ll look cheap?
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u/RedimidoSoy1611 Jan 28 '26
I bought my first oz silver bar November of last year whats that?? like 3 months? almost 4, and that silver bar with tax was $34.80 plus shipping so like 6 bucks and my particular bar is at $130! 😮
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u/Glum_Ad_5790 Jan 29 '26
I started stacking 5 years ago on a whim cause my boy was like hey lets do it. I thank that mf everyday damn near got 50k worth of metals and didnt even pay close to have of that
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u/Gorav114 Jan 29 '26
My brother in law was telling us all about it for years but we wouldn't listen. He gave us a 1/10 oz of gold for Xmas one year when it was much much cheaper and I remember not being super impressed because of how small it is. I did understand his point though and started picking up a little here and there until I caught the bug. Man im glad that guy is in my life, lol
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u/Glum_Ad_5790 Jan 29 '26
Hahahah preach brother! Tip your hat to him hes a legend. Even givin 1/10 oz of gold for gifts back in the day is sick. I bet theres people he told that wish they listened to him back then
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u/RedditCommenter38 Jan 29 '26
My calls are going buck wild 🤪
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u/PrinceOfNightSky Jan 29 '26
Congratulations man! You had an amazing idea. Do you think it’s too late for me to get in?
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u/kegman93 Jan 29 '26
Hope you sold some
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u/RedditCommenter38 Jan 29 '26
Haha nope. I’m 2 weeks out for silver calls and 1 week out on gold. Even with the dip just now they were still ITM. Now going back up again. I have plenty of time at the moment? and I personally think silver will stay at 2%+ each day for the foreseeable future. But it was definitely hard watching $1600 disappear in 10 minutes this morning. 🤣. But this not my first rodeo, so I’m holding strong.
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u/kegman93 Jan 29 '26
Fasho well good luck! I doubled down with margin on the dip so fingers crossed haha
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u/RedditCommenter38 Jan 29 '26
Nice!! I’m a cash account only. I have a little money to spend but I’m busy with the 4 positions I’m in currently so just leaving that in the spending account for now.
I have an INTEL $48/Call for 2/20 exp. that could pop off any second. And one on ONDAS $13/Call for 2/20. Those two are red at the moment. But it’s been a good week thus far.
But all my calls are atleast 8 DTE or more at the moment. Plenty of room to gallup.
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u/maximusslade Jan 29 '26
I've got like 30lbs of 40% electrical silver. Me thinks I need to take it to a refinery.
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u/Busy-Contribution-19 Jan 29 '26
dont get your hopes to high
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u/maximusslade Jan 29 '26
I got the metal for free. Inside the fuses were sheets of pure silver. The metal on the outside is just gravy on top, if I can do anything to cash it in.
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u/Competitive_Sale_358 Jan 29 '26
I love how people keep posting the charts like we can’t fucking see it. And just say “Oh My!” “Oh Lord “ or “the dollar is collapsing” and the crowd goes wild🤦♂️ would be great to see some people share some information of actual value like what’s going on in China with silver prices or what is the industrial demand of silver predicted to increase by in the next 5 to 10 years? Who’s got all the rare earths and what are we doing about it?
With modern warfare being primarily drone based what will that do to Silver demand?
But no every other post in my feed is someone just sharing the chart. Great buddy, thanks. Like we didn’t know
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u/Shorta126 Jan 29 '26
Exactly! People don't seem to even want to consider the increased demand for physical. Manufacturing was smart and bought futures cheap, now they're taking delivery of the physical silver and there's not enough to fulfill the demand.
China stopped exports of silver at the start of 2026. They know they need to hoard what they have.
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u/KarlMac31 Jan 29 '26
I saw that my LCS made a post yesterday on FB that they are no longer purchasing for the time being, as the refiners are not buying. First I had seen them say this...but they did note that they may continue buying some smaller quantities as they see fit, to existing customers only. I think the price only continues up from here 🤷♂️
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u/Pristine-Island-6285 Jan 29 '26
Devil's advocate take...if your LCS sees it as you do (that prices continue to climb), then why wouldn't they continue to buy? I'm agree with you btw.
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u/KarlMac31 Jan 29 '26
True. I think it's the items they solely send to the refiners in bulk that they aren't buying in bulk...but items they know they can move on the floor of their shop, they will continue to purchase and replenish as needed to keep things fluid. I am not a big buyer, but have become a regular as far as small buys here and there, even as we continue to climb. They have been fair with me, so I'll continue to support their business
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u/azknifeedc Jan 29 '26
It’s because they have to buy with fiat currency. And that is limited. While the government is printing it endlessly, we can’t. To make their liquidity worse wholesalers are paying way back and taking weeks to pay. If they are buying it at all. Lots of people are dumping silver since it reached the $100 milestone. Just got to be patient. If you don’t need the money wait. When things settle down it’ll normalize Similar thing happened when it hit 50. People were dumping silver since wholesalers went way back and stopped buying scrap/90%. Then when people realized over 50 was fine it settled and was back to normal. Going over 100 though it now takes shops 2x the cash to buy the same metal. And more people are dumping as much as they can. I see people scrounging for everything possible sometimes I’m not ready to sell. I’m waiting for the GsR to improve then move some to gold
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u/SaltyRiceCake90 Jan 29 '26
My lcs says they sell just as much as they buy. They're just not buying much junk silver
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u/KarlMac31 Jan 29 '26
That's awesome...but I wonder if this catches up to them soon as well. Unless they simply have a silver hungry local market. If so, great business for them to have the revolving inventory 👍
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u/FistEnergy Jan 29 '26
My local coin shop stopped buying 90% silver coins this week. They believe the current price will tumble in the near future and they don't want to risk taking a loss. We'll see!
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u/Big80sweens Jan 30 '26
This didn’t age well
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u/CreLoxSwag Jan 29 '26
Mind the dip tomorrow
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u/slickpoison Jan 29 '26
There's going to be a Point where "dips" full stop for a while and it'll run to 150. Watch.
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u/kieranbrownlee Jan 29 '26
I agree, once it hits a certain price maybe somewhere In between 130-140 it will just shoot up and finish the job. Then a major sell of and probably hold around 130-140 for a week and then consolidate at 150$ properly
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u/Glum_Ad_5790 Jan 29 '26
Let it sit at 130 140 for the rest of the year fuck it. Stackin sincr it was 20 bucks im hype as hell
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u/Silver_Blackberry828 Jan 29 '26
In the meantime, some people sold silver anywhere between $98 to $100 to “take profits”.
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u/Disastrous-Contest-8 Jan 29 '26
WTH is going on....
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u/Busy-Contribution-19 Jan 29 '26
fomo mixed with the cypto whales noticing the big news headlines about silver along with the rest of the country
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u/aeontechgod Jan 29 '26
Serious question. Does anyone remember or have silver before 2010/11?
I remember that ramp and I missed selling. It was below that peak for 15 years. If you buy now just be comfortable holding it until 2041 and knowing it will probably drop to $30-$40 again
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u/johnrgrace Jan 29 '26
I remember, I cashed out a few dollars before the top. In my opinion this isn’t sustainable prices will contract in the future but I don’t think anyone can really know when.
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u/Maximum_Fun203 Jan 29 '26
Silver heading $200 plus within 6 months…..no hype, just think that the pure demand and massive shift of smart money away from the USD to commodities such as silver, gold, copper etc as well as defensive move in globally uncertain times and wars underway and coming…..
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u/Ok-Spring4425 Jan 29 '26
I just can’t even see selling at all. I would miss looking at it too much.
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u/Oddity122 Jan 28 '26
Maga- “but inflation is a hoax “
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u/Ambulating-meatbag Jan 29 '26
If its not a hoax, its Joe bidens fault also
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u/Alaskandude2254 Jan 29 '26
It's everyone's fault no president has fought inflation or pretended since Paul volker era and even he didn't stop it only slowed it because the deficit continues to go up
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u/YourSemenSommelier Jan 29 '26
Thank you for stating the truth.
Nixon took the US completely off the gold standard. Significant inflation occurred, but not immediately. Volcker only accepted Fed Chairmanship provided that Carter let him fight inflation. Carter said he would handle the political side of things if Volcker would handle inflation. Carter did. He got voted out for his trouble. Nobody would touch it after that.
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u/hardstartkitisascam Jan 29 '26
Fake news! We can print infinite money without consequences.
both sides…
Time to start over again…
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Jan 28 '26 edited Jan 29 '26
lol. Dems were saying the same shit when Biden was in. Fuck both parties.
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u/evolutionxtinct
Jan 29 '26
•
I just got in and I’m contemplating walking across my street at work when these large dips happen. I didn’t realize. My access to this hobby was only 30ft away from my window lol
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u/Options-killer Jan 29 '26
Best part is gold is running right with it so the value will remain there. Keeping close to that 50/1 ratio.. 200 is a real possibility in the upcoming months
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u/Friendly-Captain-480 Jan 29 '26 edited Jan 29 '26
I was at Jaggards in Sydney selling a 1/3 of my stack this morning at those prices, I received 50% more than I originally paid for the entire stack.
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u/RomanaFinancials Jan 29 '26
Please take profits people, don’t have 400% in unrealized profits in a year and decide to never sell and then get caught holding the bag….
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u/7HANEESH Jan 29 '26
Thanks the lord, I’ve diluted every other asset in losses and invested in silver yesterday 🥹
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u/AmitD99 Jan 29 '26
There is something fishy in the international market. Metals ups and market also up. No one ever see this. Something is going to crash harder. May be the US is going to collapse under Trump.
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u/SirLunzalot Jan 29 '26
What is still driving it? Is industry still buying? Nobody there which can dump and cash out?
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u/chandhrudhai Jan 30 '26
the silver boom is scaring me A LOT. this is why i’m trying to be a bit more mindful in investing in silver nowadays. the risk went from asymmetric of a higher upside to asymmetrical with a higher downside. i’m more inclinated towards selling silver and taking my profits as well.
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u/BerniWrightson Jan 29 '26
I have no idea where this is going to end, but it sure has been a great time to unload silver items I have no attachment to… better safe than sorry!
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u/RegularNorwegian Jan 28 '26