Agreed! And for the record, this thread is
NOT to offer financial advice, everyone needs to make their own decisions as to what's best for them. The intent of this thread is/was to simply suggest to fellow detectorists, who are finding Silver & Gold, to hold onto those finds, because the price was going to skyrocket. I've known Silver was gonna be skyrocketing several years ago when I started buying at $19oz. I could have kept this information to myself and I'd profit, but I would have felt like crap if I didn't share this information with others, so that they could also profit by holding their finds for a little while longer as the price continued to rise. I mean really, what are we all looking for when detecting the beach and shallow water? We're not looking for seashells, we're all looking for Gold & Silver, so covering the price increases of Silver & Gold is totally relevant to this sub-forum.
When I started this thread back on Dec 9th, Silver had just crossed $60oz. I hadn't checked spot prices all morning but just looked and looks like Silver just hit a new high, $97oz. So, in just about 1.5 months, Silver has risen $37oz, or roughly 67%. I think it's important that our members know what's going on with the Silver/Gold market, because the longer they hold, the more $ their finds are worth, which I think would be important to most here, it definitely is to me. And by the number of views this thread has received, looks like there's a LOT of interest in this topic. I've always believed that the needs of the many outweigh the needs of the few. So, for anyone who may not be interested in this thread, there's thousands of other threads that may be more to their liking, nobody is forcing anyone to stay on this thread, everyone can go view whatever thread(s) they want.
But of course, like all threads, they sometimes tend to veer off the rails. For example, a guy posts a pic of his new detector and starts asking questions about the best settings to use. Another guy responds and posts a pic of himself on the beach with a find he just made. Someone sees the scoop that the guy was using in the pic and asks the guy what scoop he is using. The guy replies and before ya know it, the thread has veered off into a scoop discussion, along with the expected "arguments" about which scoop is best, lol. That's not a new phenomenon on forums, happens all the time.
BTW, we have 3 new highs this morning. Silver hit $97oz. Gold has crossed over $4,900oz, and Platinum crossed over $2,600oz.
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