Silver moving - $29.00!!!

[68Camaro]

Gold crossed back over $2400 before a slight retreat - silver is over $30 again in direct US$. The USD went down, so PM prices started to go up, and even though the USD then did a reverse (part of a take-down attempt? are they that desperate?) that reversal seemed to just kick the PM prices up further.

A rumor has it that China is having trouble sourcing non-domestic gold, and is adding silver to their mix. Truth? No idea at this point - treat it as a rumor.

If the upward pressure continues, even if prices retreat again, eventually we'll see a resumed march toward $2500 gold and $35 silver.

[Cu Penny Hoarder]

A decent breakout of $30... FINALLY! Price has been held down for many many years... coiled spring effect.

All the shorts need to get crushed.

If FOMO starts to kick in, I think we could get to $50 by the election.

[Lemon Thrower]

$31

[TXSTARFIRE]

Up 1.80 today to 31.41 per Coinflation.

[shinnosuke]

Miss Silver has broken the record for breaking my heart. I’m not trusting her current price rise until it hits a new all time high, inflation-adjusted, and stays there. It doesn’t really matter though because there is no intention to sell anyway.

[Cu Penny Hoarder]

Miss Silver has broken the record for breaking my heart. I’m not trusting her current price rise until it hits a new all time high, inflation-adjusted, and stays there. It doesn’t really matter though because there is no intention to sell anyway.

It's a technical chart breakout, but you're right they can slam it down again at any time. We shall see.

Probably tons of of shorts covering after it broke out of $30.

Silver is the new bitcoin!

[pmbug]

Weekly close not just above $30, but above $31. SGE/SFE price of silver (China) running above $32. It looks like this break through $30 was decisive. Physical silver is draining from the LBMA and COMEX. The writing is on the wall...

[JobIII]

lol so don’t sell it all right now?

[Morsecode]

Buying next week regardless of trend. I have a few targets still to reach.

[Catfish4u]

Per coinflation up $.81 to $32.33 and I am loving it! Personally, at $40 per ounce I am cashing out 10% of my stack and would be very thankful!

[Cu Penny Hoarder]

Per coinflation up $.81 to $32.33 and I am loving it! Personally, at $40 per ounce I am cashing out 10% of my stack and would be very thankful!

Many thinking like you and going to sell in the $40s or near $50. So many got burned by FOMO in late 2010 and 2011.

Even at the $50 level silver is still nowhere near real inflation and all the money printing that has happened since 2011.

Let all the weak hands sell.

[pmbug]

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