Silver up over a dollar in the last hour currently at $22.28

How high will it go, help me out ATS.
Seriously, could it get back to the high $40 range? Higher?
KITCO
$22.30 at 19:22 est.
When do I consider selling?

a reply to: stosh64

hey, I noticed that silver run today too! I have a friend who is a stock trader, and he predicted today that silver has a technical stage set to run up before the Feds meeting to between 25 and 27, before falling back down again, only to have another bigger run after that. Who knows how high? US$40 is certainly possible. *shrug*

This friend I mention trades every day. I am more of a buy and hold guy, but I already bought silver to hold for sure. Plenty

a reply to: stosh64

When do I consider selling?

You don't if you're considering selling it for dollars. Defeats the whole point of getting it in the first place.

Precious metals should be quite higher than they are against the dollar given inflation and other factors IMO... And it's my suspicion as to why it's not.

If you bought it against the dollar in the first place, I'd hold, but that's just me.

a reply to: stosh64

I have been buying silver for years. I have no plan to sell any of it at any price. The silver is held to protect my family in case the SHTF and as a hedge against inflation.

a reply to: stosh64
I just listed a few of my lower grade bullion and coins today on Ebay. Testing the market to see if people are willing to buy this high.

Thanks for the advice! I have acquired a fair amount over the last several years with the price being so low and normally I agree with the hold, however I am not getting any younger and I can't take it with me.

I was just curious as to what ATS'ers thoughts were as to a possible peak. It would be nice to take my bride on a couple unplanned vacations while I'm still able to enjoy them.

originally posted by: Metallicus
a reply to: stosh64

I have been buying silver for years. I have no plan to sell any of it at any price. The silver is held to protect my family in case the SHTF and as a hedge against inflation.

That is how I have been my whole life but at this point how much do I need, and No one to really leave it to.

I want peoples guesses as to where they see this topping out over the next year or 2.

a reply to: stosh64

I want peoples guesses as to where they see this topping out over the next year or 2.

Without trying to sound dramatic... I don't see any reason as to why I don't see a bubble pop in the next few years.

I think a dollar collapse in my lifetime is possible as well.

originally posted by: stosh64
How high will it go, help me out ATS.
Seriously, could it get back to the high $40 range? Higher?
KITCO
$22.30 at 19:22 est.
When do I consider selling?

Another thing to watch is the Silver to Gold ratio. I'm waiting for a possible 60 or 50:1 as long as Gold doesn't go up to much and silver reaches $40-50. You can then convert most of your silver into gold.

Gold Silver Ratio

originally posted by: CriticalStinker

I think a dollar collapse in my lifetime is possible as well.

Are you 92 or 12...makes a big difference....

originally posted by: Xtrozero

originally posted by: CriticalStinker

I think a dollar collapse in my lifetime is possible as well.

Are you 92 or 12...makes a big difference....

I have the attraction of a 92 year old with the maturity and intelligence of a 12 year old. But the government views me as a 31 year old, so do with that what you'd like.

It's affecting trading....like the GBPJPY.....Comex is about to fail and Silver is out of the manipulators control.....cheapest ebay 10 oz is 267......27 bucks.....covers 3

Going wild in a month or less for price forecast

Stosh, baby

bucks of their shipping........a reply to: stosh64

I'm glad I spent that stimulus money on crypto and silver and continue stacking silver and sats. I'm actually getting a return on savings.

Precious metals are going up.
Stocks are about to crash.
As soon as the first live round goes off in the China War.
I would think by this time next week.
Hong Kong will be crawling with US troops.

a reply to: CriticalStinker

Well, I'm pretty sure were about to spend another trillion....

I live in Mexico. Just found out that 1 oz. silver coins (called Libertad, like the US version) are easily available at banks here. Wish I'd known all along last couple of years.

I am in a position what's I could sink a large chunk (maybe $1,000usd) into coin over the next few days - smaller amounts in different places. This has me pondering it more intensely.

If we get stuck down here and our USDs crash, having something solid could literally be a lifesaver.

wish i had more, sold most of my silver during 2008 thing... now all I have is a few old coins I bought out of the register at work. a few ounces tops

a reply to: incoserv

I go to Tijuana every other week and get them for about $19.95 - $21.50 each. Banco Aztec at Electra

originally posted by: JinMI
a reply to: CriticalStinker

Well, I'm pretty sure were about to spend another trillion....

Just one?

I'd actually be pleasantly surprised if the government and fed just came out and said "for the next couple months, we're gonna cap our spending at a trillion till we actually get a real tangible plan".

I'm gonna say conservatively we spend another six on it.

a reply to: CriticalStinker

Yep.

Trump is spending like a liberal and we're letting him do it. I'm pretty sure liberals don't care, but 6 trillion since taking office is a record.