Those of you who track silver

[I Shrugged]

Is silver near recent highs? I have a lot of junk silver coinage that I want to turn into gold coins just for space saving. I will keep some but definitely want to sell some. Wondering if it's a good time to do so and too lazy to research, since I'm sure some of you are on top of it.

[pmbug]

Silver is fighting to break through $30 (and $32.5 and then maybe $35). Some analysts are calling for silver to hit $50 by the end of the year or in 2025. There is a structural deficit going on 4 years now (industrial demand for solar panels and EV batteries growing nearly exponentially exceeding mining production) and above ground vault inventory in COMEX/LBMA has been draining. We might hit an inflection point some time in the next 2-3 years where there isn't enough available vault supply to make up the deficit.

There is a decent chance that silver will outperform gold over the next 3-5 years IMO. $.02 FWIW

[I Shrugged]

Thanks bug.

[dualstow]

$36 and a half, wow

[pmbug]

...
There is a decent chance that silver will outperform gold over the next 3-5 years IMO. $.02 FWIW

[dualstow]

I hope Ad Orientem is still kicking and that he is watching this.

[dualstow]

Over US$37/oz

[pmbug]

Silver has been showing surprising strength in the face of war news and potential disruptions with oil and the global economy. I'm not complaining at all, but honestly, I rather expected this Israel-Iran conflict to cause a sell off in silver. That hasn't happened and I have to think that is really bullish. I wonder how much higher silver would be if the missiles weren't flying right now.

[dualstow]

Why a selloff?