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..

[Motivated BJ Penn]

Gold's price is plunging. Here's why (and what investors should do next).

Gold prices are tumbling as market dynamics shift. Here's what's happening and how investors should respond.

www.cbsnews.com

People saw the peak and sold

Nothing drastic like the headlines are making it seem, gold still at 4,000 an ounce and just erasing the gains of the last two weeks as people profited

When you see lines of retail buying anything, its time to gtfo

 

[HockeyBjj]

When you see lines of retail buying anything, its time to gtfo

I sold my (very modest) inheritance gold at 3600 an ounce. My bro in law sold his at 4200.

I’m not good at investing at all but I can at least not fall for buy rushes. So many just zig after others zig and thing they’re playing along rather than being played

 

[Long Dark Blues]

I have been waiting for someone else to notice!

Dad bought gold and silver in the 70’s when it first became legal to own. By the time I was old enough to be aware of it, we missed the peaks of the early 80’s. My whole life I advised him to sell and invest in flashier and more profitable investments. (I am I to real estate). For years I though dad had picked a bad investment.

Now Dad is laughing all the way to the bank. His “I told you so” has been pretty epic. He bought it as a hedge against runaway inflation. His father had seen the hyper inflation in pre war Germany. Dad says this is only the start.

With the Brecs countries moving to gold and many national banks moving away from dollars it’s hard to see anything stopping this rise for another few years.

Question for the hive mind: at today’s prices if you were sitting on a fair amount of both metals, how would you move between them?

Do you think silver is going to do better than a 80/1 split (so trade gold for silver)

Or, is gold in a special place as a hedge given brecs buying and other factors (Trade the silver for more gold)?

Gold/silver ratio is free-falling, Sherbrah.

 

[Natural Order]

Silver?

Who cares about that second place metal?

 

[Stoic1]

Gold's price is plunging. Here's why (and what investors should do next).

Gold prices are tumbling as market dynamics shift. Here's what's happening and how investors should respond.

www.cbsnews.com

People saw the peak and sold

Nothing drastic like the headlines are making it seem, gold still at 4,000 an ounce and just erasing the gains of the last two weeks as people profited

5 weeks later back at 4200

1 Year ago it was around 2600

Silver sitting at 58.5

1 year ago it was around 31

 

[UFCUCF]

Gold/silver ratio is free-falling, Sherbrah.

When was the ratio last this low? I’m amazed by silver’s moment in the sun. I don’t understand if this is safe haven buying bc gold is so high or if there are industrial uses or demandsthat are independent drivers. I read a great article about physical demand in India recently.

What do you make of this? do we hold out for $100 silver or do we sell fast?

 

[Long Dark Blues]

When was the ratio last this low? I’m amazed by silver’s moment in the sun. I don’t understand if this is safe haven buying bc gold is so high or if there are industrial uses or demandsthat are independent drivers. I read a great article about physical demand in India recently.

What do you make of this? do we hold out for $100 silver or do we sell fast?

2021-ish the ratio was in the 60s:1.

Apr 2020 it was 120ish:1, that would have been the best time to convert gold to silver.

Gold to Silver Ratio - 100 Year Historical Chart

This interactive chart tracks the current and historical ratio of gold prices to silver prices. Historical data goes back to 1915.

www.macrotrends.net

Silver at $100 isn't really a good thing, it would most likely indicate run away inflation. Gold would rise even further and faster as well, as people that could would be abandoning the dollar.

 

[cooks1]

Almost everything is full silver bullion.

I collect the old 1800s coins when I find them really cheap but I maybe have 10 of those.

I have no bars, but I have nearly 1000 of the coins.

 

[GuanoApes]

And continues to surge even more..

IMG 5207 hosted at ImgBB

Image IMG 5207 hosted on ImgBB

ibb.co

 

[Stoic1]

Silver at over $67 per ounce.

Gold at $4363 per ounce.

For context the dollar has FALLEN approximately 9% over the last 12 months.

 

[Long Dark Blues]

 

[Long Dark Blues]

If you've got a large enough stack, I think selling some into gold is a pretty good play right now.

Or perhaps the suppressed crypto market?

 

[Yoricks Wisdom]

So all that gold and silver that sitting in my safe might be worth something after all?
Nice.

 

[HeffDoesWant]

Foreign reserves are lowering their holdings in USD, and moving into gold for their reserves.

Based on reduced faith in the rules based world order and inflation risk in the U.S.



I don't think industrial uses of either is a factor, the primary role of both is just to be pretty and be rare. Everything else is noise.

 

[Long Dark Blues]

Foreign reserves are lowering their holdings in USD, and moving into gold for their reserves.

Based on reduced faith in the rules based world order and inflation risk in the U.S.



I don't think industrial uses of either is a factor, the primary role of both is just to be pretty and be rare. Everything else is noise.

In 2024 industrial uses for silver consumed over half of all mined ounces, if I recall correctly.

For gold, I believe you are correct about industrial uses. Industry does not consume as high of a percentage of mined gold.

But for silver I believe industrial demand is a significant factor.

 

[plataoplombo]

About 180 ounces of silver. But only 3 ounces of gold.

Nice. I got some coins but would definitely like to start getting some bars.

 

[Stoic1]

Silver at $69.30
Gold at $4461.30

USD is continuing devaluation and the US Government's credit rating has fallen again in 2025. The US is losing it's monopoly as the world's reserve currency. Our debt is rapidly increasing to an unsustainable $38,500,000,000,000 as politicians refuse to balance the budget.

If you don't have some alternative currency at this point -

 

[MLarson]

Why did Crazy Source get banned?

 

[Long Dark Blues]

Why did Crazy Source get banned?

Wishing death upon people.

 

[Stoic1]

Wishing death upon people.

To be fair though, who hasn't wished death upon people from time to time?