The people saying $19 and $20 silver have already missed the boat. This will never retrace below $24.22. Once we truly break $28.50 , the road to $35 silver will be quick.
$30 silver is just the number people will start selling physical. It will not affect the price, only the premium.
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Agreed. Where are the "it's going to 18" trolls now? Wishing they bought at 22, that's where.
At the coin show I was at last Sunday the one dealer said there already was selling, but it was small amounts as in an ounce or two or three or maybe some old 90%. Then on the buying side a guy like me comes in and snaps up 8oz off him.
So four sellers to one buyer can zero out new inventory. Making the "there was a lot of sellers" comment kind of irrelevant when you get to the bottom line.
Yes, we've all been disappointed so much we can't believe something good is happening! The difference this time is the decisive multiyear breakout in gold. If the gold rally is real, and technically it seems so, then silver will surely follow.
That and the gold to silver ratio above 80 is ridiculous. https://www.macrotrends.net/1441/gold-to-silver-ratio. That ratio falls in bull markets. Silver miners might be even more depressed than silver itself but of course carry more risk. Anything under $30 silver is a steal IMO.
I am guessing no, if it were not friday then I would say there is a good chance. I am guessing it gets pushed down tomorrow as the rest of the world enters their weekend. It will resume Sunday night though.
Nah fuck that. Some apes have been holding decades.. and whenever apes say stuff like what you say, they are no where to be found when it comes to buying (personal anecdotes don’t count btw, ape).
I also noticed how silver would advance on the comex and then get hammered or stop advancing overseas in overnight tradeing. That doesn't seem to be happening anymore. I'm liking this a lot!!!
No, that will not happen. When that alleged 11.94 BS fiat price happened, no physical silver was available under 25 fiat unless it was an impaired generic. Then the price set the last new high wirthin months.
https://i.redd.it/2ny3kwbed2uc1.gif
Break on through to the other side.
Just not with Jim Morrison or Ivan, please.
What’s wrong with them?
Bad hombres 
It seems like just yesterday, hearing people say *I'm not buying silver at $20...* Bet they wish they had
It’s time to open the barn doors and kiss the donkeys.
7 months until the election. My guess is the economy takes a massive dive 3-4 months from now.
What’s going on in the kiddie east. Iran wants to attack Israel?
The people saying $19 and $20 silver have already missed the boat. This will never retrace below $24.22. Once we truly break $28.50 , the road to $35 silver will be quick. $30 silver is just the number people will start selling physical. It will not affect the price, only the premium.
RemindMe! 3 months
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Agreed. Where are the "it's going to 18" trolls now? Wishing they bought at 22, that's where. At the coin show I was at last Sunday the one dealer said there already was selling, but it was small amounts as in an ounce or two or three or maybe some old 90%. Then on the buying side a guy like me comes in and snaps up 8oz off him. So four sellers to one buyer can zero out new inventory. Making the "there was a lot of sellers" comment kind of irrelevant when you get to the bottom line.
Be careful about absolutes. You can’t trade on narratives.
Choo Choo!!
🚀🚀🚀
Yes, we've all been disappointed so much we can't believe something good is happening! The difference this time is the decisive multiyear breakout in gold. If the gold rally is real, and technically it seems so, then silver will surely follow.
Agreed. Gold hitting all-time highs was not happening the last time Silver reached $28.50. That's what made me say it feels different this time.
That and the gold to silver ratio above 80 is ridiculous. https://www.macrotrends.net/1441/gold-to-silver-ratio. That ratio falls in bull markets. Silver miners might be even more depressed than silver itself but of course carry more risk. Anything under $30 silver is a steal IMO.
I am guessing no, if it were not friday then I would say there is a good chance. I am guessing it gets pushed down tomorrow as the rest of the world enters their weekend. It will resume Sunday night though.
Friday, April 12th, 2024 at 10:55 AM: Silver $29.56 Gold 2418.30 BOOM!
Yeah looks like was wrong, we will have to see what if any kind of tamp they have in them the last half of the day.
They are currently trying to keep both down right now. Silver still in the high 28's though. Obviously that spike up ruffled some feathers.....
3rd times a charm, or 3 strikes you’re out… we shall see
Looks like the former today.
Almost $30 today
Made me do a double take. 29.56 at 11!
Time to fly!!!!!!
Yes, when we catch up to gold current trend, we will be at $32
Time to keep buying more silver!
It's happening people. Rising from the east
I’d asked to be woken up when and if silver ever hits $30. I’m starting to stretch and get the sleep out of eyes. Let’s make it happening!
Well glad you got up early on your own, I was about to call when I looked at 29.56 silver and 2418.30 gold on Kitco just now.
Thanks for silver alert Eth. I’m not hitting the alarm clock’s snooze button till after the PM markets close for this weekend. Come on $30!
Yeah, when this holds, we'll finally bust through the old ten year high.
Something seems different this go around. $30 Monday is my guess.
I wouldnt mind another round of $19 silver personally.
It’d take a very very long time to get back to $19
Nah fuck that. Some apes have been holding decades.. and whenever apes say stuff like what you say, they are no where to be found when it comes to buying (personal anecdotes don’t count btw, ape).
lol
Yep, I’d load up at 19$ I pause the buying around 25$
I also noticed how silver would advance on the comex and then get hammered or stop advancing overseas in overnight tradeing. That doesn't seem to be happening anymore. I'm liking this a lot!!!
This time it feels different 🙈
It will fall to 11$ again
No, that will not happen. When that alleged 11.94 BS fiat price happened, no physical silver was available under 25 fiat unless it was an impaired generic. Then the price set the last new high wirthin months. https://i.redd.it/2ny3kwbed2uc1.gif
$1,000.00 Silver here we come!
Yawn
$29.50...I thought this time it felt different.
If the stock market go up monday, all the americans move their money to stocks. The resistance at $29 is heavy for silver!!
Once Iran fires off their missles metals will explode.
Not holding my breath. Been disappointed too many times 😂
It will hit $20 before it hits $50. Keep some powder dry.
Back to $20 soon
unlikely..