What's going on with silver?

Discussion of the Gold portion of the Permanent Portfolio

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Ad Orientem
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Re: What's going on with silver?

Post by Ad Orientem » Wed Jan 30, 2019 1:45 pm

$16.04 oz ;D
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ochotona
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Re: What's going on with silver?

Post by ochotona » Wed Jan 30, 2019 5:32 pm

Fantastic trade! It took guts!
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Ad Orientem
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Re: What's going on with silver?

Post by Ad Orientem » Wed Jan 30, 2019 7:32 pm

ochotona wrote:
Wed Jan 30, 2019 5:32 pm
Fantastic trade! It took guts!
It's not a fantastic trade until I hit the SELL button and take the profit. But I do feel somewhat vindicated in the analysis behind my little speculation.
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dualstow
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Re: What's going on with silver?

Post by dualstow » Fri Feb 01, 2019 5:50 pm

Stumbled upon this thread looking for something else.
Buried Treasure

https://www.bogleheads.org/forum/viewtopic.php?t=68438
don’t the b-heads know that Pyrex just isn’t made by Corning anymore?
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Re: What's going on with silver?

Post by dualstow » Tue Mar 05, 2019 11:44 am

$15.07, not so great.
don’t the b-heads know that Pyrex just isn’t made by Corning anymore?
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Ad Orientem
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Re: What's going on with silver?

Post by Ad Orientem » Tue Mar 05, 2019 3:31 pm

dualstow wrote:
Tue Mar 05, 2019 11:44 am
$15.07, not so great.
The glass is always half full. If it drops below $15 oz I am going to buy some more.
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Mike59
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Re: What's going on with silver?

Post by Mike59 » Thu Apr 25, 2019 9:01 pm

kitco close 2019/04/24: $15.00
currently sits at $14.94

Problem with silver is that I love it, and you're not supposed to fall in love with investments right? :-[ I still have too much from the $20-50 era and added it to my PP as along term holding so the losses aren't realized. Have done much better buying platinum in the last year in the VP, which is finally getting a nice bounce, I bought about 3x more PPLT than I have silver and I think I'll make up for the silver mistakes with it.

My back up the truck price on silver is $12.50/oz, which would be about 75% off all time highs. Right now the gold stocks are priced at that discount level and that's what I"m buying precious-metals-wise for my VP.
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Re: What's going on with silver?

Post by Ad Orientem » Wed May 01, 2019 3:21 pm

Silver is getting hammered. Current spot is $14.68 and the silver gold ratio is now 87:1. Time to go shopping.
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Re: What's going on with silver?

Post by dualstow » Wed May 01, 2019 3:40 pm

Ad Orientem wrote:
Wed May 01, 2019 3:21 pm
Silver is getting hammered. Current spot is $14.68 and the silver gold ratio is now 87:1. Time to go shopping.
Hammered copper can also be beautiful. O0
don’t the b-heads know that Pyrex just isn’t made by Corning anymore?
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Re: What's going on with silver?

Post by ochotona » Mon May 06, 2019 3:18 am

Gold up, silver and oil down after Tariff Individual One speaks. The next true recession is going to put silver into the basement.
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Re: What's going on with silver?

Post by mathjak107 » Mon May 06, 2019 4:11 am

we saw that in 2008 when gold was up and silver plunged just like all the other commodities .
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ochotona
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Re: What's going on with silver?

Post by ochotona » Tue May 14, 2019 9:48 pm

This is amazing... a FB memory popped up for me from 2011.

May 7, 2011 at 7:26 AM ·
"About a week or two ago I told a young fellow that silver was going hyperbolic, to sell his silver holdings. I don't think he listened to me."

I don't even remember who I might have spoken to. I don't remember even caring about silver eight years ago. It's like I've been sleepwalking through my own life. Gah.

On May 6 2011, silver was $35.62.
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