Economy The price of silver has been SURGING as of late. Will probably break its 45 year old record this week last set in January 1980..

[Stoic1]

Silver at $72.67 an 11% jump in 1 week.
Gold at $4536.30 a 4.5% jump in a week.

Buckle up for 2026 it's gonna be a rough ride!

 

[Stoic1]

Silver at $79.59 a 17.55% jump in 1 week.
Gold at $4549.88 a 4.55% jump in 1 week.


I think the silver short sellers are getting pantsed. The big guys have been caught manipulating silver in the past - looking at you, JP Morgan. Personally, I hope they get fucked in the ass.

Today, two big banks tapped the federal reserve for $18B in the repo market. This shit always happens on a Friday.

 

[Long Dark Blues]

Holy fucking shit!

 

[Michaelangelo]

doubled in the last 3 months alone

Pretty wild

 

[Mittens]

Silver?

Who cares about that second place metal?

Golden knives & forks look super tacky at the dinner table, though.

 

[Natural Order]

Golden knives & forks look super tacky at the dinner table, though.

I'm afraid I'm so wealthy I have people hand feed me.

I've never had to deal with this issue. Good luck to you!

 

[no fat chicks]

I have a co worker that's been huge into silver lately. He must be doing pretty well right now I guess

 

[CantCucktheTuck]

doubled in the last 3 months alone

Pretty wild

good if you are invested in gold or silver, but it could be a bad sign overall.

 

[Stoic1]

Today is January 1, 2026. Today is the day that China will no longer export silver to the West.

I do not have a degree in finance. I am not a commodities broker or expert. I do not buy and sell. I hold.

I do know a few things though.

I know China is the world's second largest miner of silver.

I know that the silver "market" has been manipulated for a long time. Its been immensely profitable for banks and firms that trade in "paper" silver or the derivatives market.

I know that the "physical" market that actually uses silver for the industrial purposes saw this coming and that is why we have this massive spike. Those were the futures orders.

But tomorrow all the traders come back to work. And tomorrow is Friday. I think things are going to get fucky as these two worlds, the "paper" and the "physical" collide. Experts would say this already happened and that is reflected in the price. I think we see $100 an ounce soon.

DOOM! DOOM! DOOM!

 

[Long Dark Blues]

Today is January 1, 2026. Today is the day that China will no longer export silver to the West.

I do not have a degree in finance. I am not a commodities broker or expert. I do not buy and sell. I hold.

I do know a few things though.

I know China is the world's second largest miner of silver.

I know that the silver "market" has been manipulated for a long time. Its been immensely profitable for banks and firms that trade in "paper" silver or the derivatives market.

I know that the "physical" market that actually uses silver for the industrial purposes saw this coming and that is why we have this massive spike. Those were the futures orders.

But tomorrow all the traders come back to work. And tomorrow is Friday. I think things are going to get fucky as these two worlds, the "paper" and the "physical" collide. Experts would say this already happened and that is reflected in the price. I think we see $100 an ounce soon.

DOOM! DOOM! DOOM!

$100 Q1 no doubt about it.

I'm selling off all of my 35% war nickels and 40% halves at that price.

I have piles of canvas bank bags filled with both.