General Discussion

LuckyCharms

(21,511 posts) Sun Dec 28, 2025, 02:13 PM 5 hrs ago

SOMETHING is going on in the market. Re: precious metals. [View all]

Silver has breached $80.00 an ounce, and it's expected to keep rising.

I know that China is halting exports of silver on 1/1/26 I believe, but I'm not convinced that this is the entire cause for this huge rise...

Gold is at about $4,550.

I don't know if some of this has to do with metals as perceived flight to safety, or what...

58 replies

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SOMETHING is going on in the market. Re: precious metals. [View all] LuckyCharms 5 hrs ago OP

I noticed this as well. Those of us below the top 1% are just held captive to the PTB forces... hlthe2b 5 hrs ago #1

I've been stacking silver since it was $4.00 an ounce... LuckyCharms 4 hrs ago #3

"hard crash"..... anciano 4 hrs ago #8

Sell some...nobody has ever lost money taking profit😁 Melon 4 hrs ago #14

I'm struggling with that decision... LuckyCharms 4 hrs ago #16

Then I'd hold onto that. A lot of the gold we bought in the 60s in Thailand was high carat and low level design ... marble falls 3 hrs ago #27

Be back later. LuckyCharms 3 hrs ago #28

Hold on Katcat 2 hrs ago #36

What the hell! Are we filming Ocean's 2???? marble falls 5 min ago #56

Dammit. I need to learn discretion. I got a cat. I hope you're allergic. marble falls 6 min ago #55

. LuckyCharms 1 min ago #57

Thinking the U.S. dollar is losing value... Dan 5 hrs ago #2

Yes. LuckyCharms 4 hrs ago #4

10% over the last year. By design likely. It will erode further on rate drops. Melon 3 hrs ago #29

He's to surpass Reagan's Stagflation - dead economy with rising prices. He'll be down at the mint with a ... marble falls 48 sec ago #58

Yes and the rising number of countries joining BCRICS for trade currency is weakening the US Bev54 2 hrs ago #38

Relative to what? Bluetus 2 hrs ago #41

It's global data centers and electronics. Silver is a long time artificially suppressed price market Melon 4 hrs ago #5

Do you think graphene will someday serve as a replacement for silver in LuckyCharms 4 hrs ago #9

I really don't know. I only follow silver becomes of some Melon 4 hrs ago #12

I'm reminded of the Hunt brothers' foray into the silver market..... lastlib 2 hrs ago #40

Likely A Goal ProfessorGAC 2 hrs ago #34

Batteries are also driving silver up madville 57 min ago #51

Good article from CBS LogDog75 4 hrs ago #6

Yes, they say to hold no more than 5% of your portfolio in metals... LuckyCharms 4 hrs ago #11

I read this morning Elon Musk pushing cyber currency. What does he need for his doc03 2 hrs ago #39

When you consider Bitcoin is at tens of thousands applegrove 4 hrs ago #7

But then again, you can buy fractional bitcoin. LuckyCharms 4 hrs ago #10

The difference is bitcoin is scarce Iwasthere 3 hrs ago #30

You can buy fractional silver and gold etf's. Melon 3 hrs ago #31

SILVER has strong industrial applications, especially in electronics-- Jack Valentino 4 hrs ago #13

Have you considered stacking physical silver? LuckyCharms 4 hrs ago #15

That's what my husband is into catchnrelease 2 hrs ago #35

Gold also has application in electronics. lastlib 2 hrs ago #43

Silver demand will continue growing because of batteries madville 56 min ago #52

some more info re: gold/silver... ret5hd 4 hrs ago #17

Yes, I'm just starting to read about China stopping silver exports on 1/1/26. LuckyCharms 4 hrs ago #19

Mexico is the largest silver producer in the world more than doc03 1 hr ago #48

Peter Schiff with Kitco UpInArms 4 hrs ago #18

Yes! I keep catching hints of this... LuckyCharms 4 hrs ago #20

By the time the poors are aware of price movements superpatriotman 4 hrs ago #21

True... LuckyCharms 4 hrs ago #23

For those considering selling their gold: ret5hd 4 hrs ago #22

++++++++ Exactly right. LuckyCharms 4 hrs ago #24

I saw that this morning. I have a little horde of silver bits and pieces I've been saving to cash in and it looks like Vinca 4 hrs ago #25

"Percieved" is the key word. marble falls 3 hrs ago #26

I'm looking for real estate market to break. multigraincracker 3 hrs ago #32

Personally, I don't care all that much about the real estate market RetiredParatrooper 2 hrs ago #42

Same here. More worried about the stock market. multigraincracker 1 hr ago #50

Folks... this house of cards built by Trump is about to fall ashredux 3 hrs ago #33

Why is bitcoin dropping while silver is climbing? flamingdem 2 hrs ago #37

People could be cashing out some of their cryptocurrency Mosby 1 hr ago #44

I wish I could do the same flamingdem 1 hr ago #46

Probably some people that know that Bitcoin is going to come crashing down and the economy with it and are looking to.. yourout 48 min ago #53

I have some gold and silver but I am 78 years old I am just holding it doc03 1 hr ago #45

This message was self-deleted by its author Mosby 1 hr ago #47

They are using more silver in batteries madville 1 hr ago #49

It's over 83 now. Mosby 15 min ago #54