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Thread: SPIKE in Silver Prices

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  1. #1
    us
    Feb 2012
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    SPIKE in Silver Prices

    Does anyone know the reason for the recent SPIKE in silver prices over the last few weeks? There has not been any global earth shaking news for the big jump, unless I missed something. Comments.

  2. #2
    Charter Member
    us
    TOM

    Dec 2012
    UPSTATE NEW YORK
    1970 COMPASS- WHITES SILVER EAGLE- FISHER F POINT- WHITES DFX, 4X6DD COIL, 6X8DD COIL, 950 COIL, 10X12SEF COIL- GARRETT PRO POINTER AT, GARRETT AT PRO , MINELAB EXPLOYER SE with 8.5x12.5 Cors coil
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    North Korea would be my guess
    scruggs and Avago like this.
    A BAD DAY OF DIGGING IS BETTER THEN A GOOD DAY AT WORK

  3. #3
    us
    ebay "ulster-relic"

    Dec 2012
    port ewen ny
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    it's all explained in the book "what happened" ---- plus the true meaning of life will be discussed---- she IS THE MOST IMPORTANT PERSON ever to breathe (in her deranged mind)
    Greastart and enamel7 like this.

  4. #4
    us
    Jan 2017
    Western ny
    Whites mx sport, Garrot carrot, bounty hunter time ranger
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    I'm thinking battery tech, and the climate agreements from Europe will need lots and lots of batteries to eliminate gasoline engines in cars like they claim is the goal.

  5. #5

    Aug 2012
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    I'm pretty sure it's the pissing contest between Twitter and dysfunctional missiles that is driving up PM prices. The threat of war does that.
    "The right to swing my fist ends where the other man's nose begins." Oliver Wendell Holmes.

  6. #6
    us
    Gregg

    Jul 2015
    Southern NJ
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    Time to cash in some silver??

  7. #7
    us
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    Quote Originally Posted by walnuttree View Post
    Time to cash in some silver??
    For paper? I think you've got it backwards.
    2017 SILVER TOTALS...ANY? OK, one.

    When I listen to LED ZEPPELIN...so do my neighbors.

  8. #8
    us
    Feb 2008
    Great Lakes State
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    Overall devaluation of the dollar, which has lost 10% of it's purchasing power in the last 6 months.
    Silver's value, or 'price', hasn't changed.
    The amount of fiat $ needed to purchase it, has.
    pat-tekker-cat and scruggs like this.
    2017 SILVER TOTALS...ANY? OK, one.

    When I listen to LED ZEPPELIN...so do my neighbors.

  9. #9
    Charter Member
    us
    Cat teaches man, not everything here serves him.

    Feb 2011
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    What he said /\ /\ /\......
    besides the dollar losing value, there has been a shedding of US assets by foreign investors.
    Gold is up also, may/may not have anything to do with Indian wedding season.....
    Wondering, if this is the start of a long term uptick......
    Yesterday is history, tomorow a mystery. All we have is the here and now, it's a special gift. That's why we call it "The Present"

    Pity the poor agnostic dyslexic insomniac who lies awake at night wondering if there really is a Dog.

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  10. #10
    us
    Feb 2012
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    Coin roll hunting
    Maybe this is the beginning of the rumor of $100 silver, which started about two years ago. My wife said she heard around the same time of rumors of $1000/oz, but I told her it will never happen in our lifetime (but yet I'm age 70 already, so not much longer to wait).
    fistfulladirt likes this.

  11. #11
    us
    Feb 2008
    Great Lakes State
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    Quote Originally Posted by Dozer D View Post
    Maybe this is the beginning of the rumor of $100 silver, which started about two years ago. My wife said she heard around the same time of rumors of $1000/oz, but I told her it will never happen in our lifetime (but yet I'm age 70 already, so not much longer to wait).
    I hate to think what even $100 silver would do to the cost of IPhones and solar panels, not to mention everything else electronic. But, do I really care?
    2017 SILVER TOTALS...ANY? OK, one.

    When I listen to LED ZEPPELIN...so do my neighbors.

  12. #12
    us
    Feb 2008
    Great Lakes State
    dirtfishing
    10,007
    1750 times
    silver surfing
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    Quote Originally Posted by fistfulladirt View Post
    I hate to think what even $100 silver would do to the cost of IPhones and solar panels, not to mention everything else electronic. But, do I really care?
    No. 'Cause I'm pushing towards my 10,000th post.
    2017 SILVER TOTALS...ANY? OK, one.

    When I listen to LED ZEPPELIN...so do my neighbors.

  13. #13
    us
    Apr 2011
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    Quote Originally Posted by fistfulladirt View Post
    No. 'Cause I'm pushing towards my 10,000th post.
    Did you just quote yourself? Lol
    Javadroid likes this.

  14. #14
    us
    Poet—Traveler—Soldier of Fortune

    Mar 2012
    Pennsy
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    North Korea firing missiles and talking about Hydrogen bombs. Debt ceiling talk. Perhaps a little of Harvey and the impending east coast Irma sprinkled in.
    accordselux likes this.
    'Cause I be kickin' the real while they be losin' the race tryin' to chase mass appeal.

  15. #15
    us
    Jul 2017
    Northwest Arkansas
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    Quote Originally Posted by fistfulladirt View Post
    No. 'Cause I'm pushing towards my 10,000th post.
    Congrats on getting your 10K posts!
    enamel7 and fistfulladirt like this.

 

 
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