Is Silver next?

[Super Bee]

I don’t follow or deal in that con game.

I am good with that, just means more for me. I was never good at sharing.

 

[Mij]

I am good with that, just means more for me. I was never good at sharing.

Cool, we don’t have to agree on everything. That’s what makes us American.

And to my point about “under the table talk”, your opinion and knowledge makes me wonder even more. As in, is there something going on we ( U.S. citizens), are not being told. Or is this a classic pump and dump and we are about to see a large profit taking event.

Guess time will tell.

 

[Super Bee]

Cool, we don’t have to agree on everything. That’s what makes us American.

And to my point about “under the table talk”, your opinion and knowledge makes me wonder even more. As in, is there something going on we ( U.S. citizens), are not being told. Or is this a classic pump and dump and we are about to see a large profit taking event.

Guess time will tell.

Yep, this is kind of where I am leaning.

 

[Mij]

FYI

May be this.

Gold trades nears all-time high as investors await Powell’s congressional testimony

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

www.kitco.com

edit to add:
looks like a link at the bottom re: crypto and bitcoin.

 

[Mij]

Gold up to 2138 then drop back to 2128

Silver knocking on 24

it’s not over yet it seems.

 

[Mij]

Well silver is having an interesting day, made it to 24+, seems to be trading at about 24.18 in very quick contracts, that’s computers for you.


Guess I’ll chock this up to gold’s continued climb, as long as gold continues to go up silver will have to be manipulated to follow. At least the ratio is back in the 80’s. 88.8:1.

 

[d.kaufman]

Well silver is having an interesting day, made it to 24+, seems to be trading at about 24.18 in very quick contracts, that’s computers for you.


Guess I’ll chock this up to gold’s continued climb, as long as gold continues to go up silver will have to be manipulated to follow. At least the ratio is back in the 80’s. 88.8:1.

Up to $24.40 now

 

[snorko]

$24.24 on Kitco now. If you've been stacking long you will remember that mid to upper twenties is not rare. I hope it hangs out here a while.

 

[Mij]

$24.24 on Kitco now. If you've been stacking long you will remember that mid to upper twenties is not rare. I hope it hangs out here a while.

Long enough to have bought at 6.53 bucks an oz.

And a heads up, saw your add, please be careful if things go well for you. Take a trusted partner or whatever precaution you deem fit. Just a friendly suggestion, this is the internet after all. Good Luck and best thoughts.


OK edit, I had to go check what my first buy in was. I had a hard time remembering. Looks like 1984.

 

[blain]

And a heads up, saw your add, please be careful if things go well for you. Take a trusted partner or whatever precaution you deem fit. Just a friendly suggestion, this is the internet after all. Good Luck and best thoughts.

snorko knows they's sum shady characters here in Evansville.

 

[Mij]

snorko knows they's sum shady characters here in Evansville.

Didn’t know his location but still had my concerns given the product and value. I’m an old rural guy that sees things on the news (my connection to the real world) and it turns my stomach. Just hope the best for an INGO fellow.

 

[snorko]

And a heads up, saw your add, please be careful if things go well for you. Take a trusted partner or whatever precaution you deem fit. Just a friendly suggestion, this is the internet after all. Good Luck and best thoughts.

I do appreciate the concern and advice. However that is one of the true benefits of INGO. The buyers are known to me and I have dealt with them before and they have a history here.

 

[ancjr]

Was a big load of 90% halves brought in to the coin store when I was there yesterday...

 

[Mij]

FYI

Why the Price of Gold Just Hit an All-Time High — Money

As the price of gold continues to rally in 2024, it set a new all-time high in March.

apple.news

 

[spencer rifle]

OK edit, I had to go check what my first buy in was. I had a hard time remembering. Looks like 1984.

I would like to have gotten into the game back then, but I was getting married, setting up a household, raising 4 kids, growing an IRA and building up four 529s. Our family started off with me making 12K a year. Even later on the low pay in my field qualified us for WIC. We had no extra money of any kind for LONG time, but our retirement is well funded and our kids all had at least 20K in their 529s.
Thus the late start and retroactive slight regrets.

 

[Mij]

I would like to have gotten into the game back then, but I was getting married, setting up a household, raising 4 kids, growing an IRA and building up four 529s. Our family started off with me making 12K a year. Even later on the low pay in my field qualified us for WIC. We had no extra money of any kind for LONG time, but our retirement is well funded and our kids all had at least 20K in their 529s.
Thus the late start and retroactive slight regrets.

Similar circumstances, just never believed/trusted in stock market or banks, CD rates were at ~10% though. Still paying off wife’s school loan. Renting an apartment. I can remember when we saved our first 1000.00 dollars we had the hardest time trying to decide what to do with it. Regrets, I’ve got a hundred of’em. But that was then, today…Meh.

 

[Ingomike]

Didn’t see this posted anywhere and I was blown away.

“Costco sold $100 million in gold bars last quarter.”​

And now:

“Costco taps into silver coins sales.”​

Costco taps into silver coins sales following overnight success of gold bars

Costco is now selling packs of one-ounce silver coins, priced at about $680 for 25 coins following success from selling gold bars.

www.foxbusiness.com

Costco sold $100 million in gold bars last quarter

Costco apparently made quite a bit of coin from gold bars in the first quarter, with many online customers having opened their wallets to score ounces of the precious metal.

www.foxbusiness.com

 

[d.kaufman]

Didn’t see this posted anywhere and I was blown away.

“Costco sold $100 million in gold bars last quarter.”​

And now:

“Costco taps into silver coins sales.”​

Costco taps into silver coins sales following overnight success of gold bars

Costco is now selling packs of one-ounce silver coins, priced at about $680 for 25 coins following success from selling gold bars.

www.foxbusiness.com

Costco sold $100 million in gold bars last quarter

Costco apparently made quite a bit of coin from gold bars in the first quarter, with many online customers having opened their wallets to score ounces of the precious metal.

www.foxbusiness.com

You have to be quick to get those deals. They sell out faassstttt

 

[buckwacker]

Didn’t see this posted anywhere and I was blown away.

“Costco sold $100 million in gold bars last quarter.”​

And now:

“Costco taps into silver coins sales.”​

Costco taps into silver coins sales following overnight success of gold bars

Costco is now selling packs of one-ounce silver coins, priced at about $680 for 25 coins following success from selling gold bars.

www.foxbusiness.com

Costco sold $100 million in gold bars last quarter

Costco apparently made quite a bit of coin from gold bars in the first quarter, with many online customers having opened their wallets to score ounces of the precious metal.

www.foxbusiness.com

Wonder if this has anything to do with lower premiums the last few months? Competition is good.

 

[Mij]

Not exact, but it looks like ~3.00 bucks premium for generic rounds that’s middle of the road. For Eagles that would be good.


edit: that is if my mental quick math is close.

edit, edit: ok 680/25 is 27.20, spot for paper silver is 24.22.
all in all not a terrible deal for bullion. IMO.