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Feb 12th, 2024
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 Why is silver price exploding?
#9032990
04/12/24 01:09 PM
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Joined: Dec 2011
Posts: 1,772
fredeboy
OP
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OP
Pro Tracker
Joined: Dec 2011
Posts: 1,772 |
Any thoughts 
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Re: Why is silver price exploding?
[Re: fredeboy]
#9032992
04/12/24 01:10 PM
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Joined: Dec 2011
Posts: 1,172
coachwhite34
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Pro Tracker
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Posts: 1,172 |
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033010
04/12/24 01:33 PM
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Joined: Jan 2007
Posts: 16,093
reeltexan
THF Celebrity
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Joined: Jan 2007
Posts: 16,093 |
Nothing changes in value except paper money.
Before we went off the gold standard in 1973, gold was about 375 an ounce, now it’s 2400. That shows what the value of the dollar has done.
![[Linked Image]](https://i.postimg.cc/KjZZqFj8/point-with-bird.jpg) "If we ever forget that we are One Nation Under God, then we will be a nation gone under." Ronald Reagan
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033017
04/12/24 01:42 PM
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Joined: Nov 2009
Posts: 71,237
NORML as can be
^^Cut the Cord^^
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^^Cut the Cord^^
Joined: Nov 2009
Posts: 71,237 |
In case you haven't been paying attention, or country is failing. FJB
(R-TX) .-- " TCNN CURL CRLB VRNO AYR SNDL CGC TLRY MSOS "
_=====___=________==-
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Re: Why is silver price exploding?
[Re: reeltexan]
#9033218
04/12/24 07:05 PM
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Joined: Apr 2009
Posts: 3,333
blkt2
Veteran Tracker
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Joined: Apr 2009
Posts: 3,333 |
Nothing changes in value except paper money.
Before we went off the gold standard in 1973, gold was about 375 an ounce, now it’s 2400. That shows what the value of the dollar has done.
If we were still on the gold standard it would have to be 500k per ounce or the economy would have a currency shortage.
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033219
04/12/24 07:07 PM
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Joined: Jun 2015
Posts: 19,747
Roll-Tide
THF Celebrity
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Joined: Jun 2015
Posts: 19,747 |
Because the guy in the commercials with blue glasses said it’s gonna be a big run.
He’s been saying it for 10 years though.
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Re: Why is silver price exploding?
[Re: reeltexan]
#9033225
04/12/24 07:23 PM
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Joined: Dec 2005
Posts: 36,296
Guy
THF Celebrity
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Joined: Dec 2005
Posts: 36,296 |
Nothing changes in value except paper money.
Before we went off the gold standard in 1973, gold was about 375 an ounce, now it’s 2400. That shows what the value of the dollar has done.
That is a compounded annual return of 3.8%, what the inflation rate has been over the last 50 years.
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033227
04/12/24 07:28 PM
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Joined: May 2009
Posts: 24,861
dkershen
Rev Dave
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Rev Dave
Joined: May 2009
Posts: 24,861 |
Supply and demand. It's an industrial metal and also a commodity people can buy and hold in their safe during unsure times. Increase in both of those areas lately.
To be sure of hitting the target, shoot first and call whatever you hit the target.www.NewHopeEquine.com - Health and Healing through Horses.
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033233
04/12/24 07:41 PM
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Joined: Jul 2019
Posts: 15,150
Hudbone
THF Celebrity
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Joined: Jul 2019
Posts: 15,150 |
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033275
04/12/24 09:02 PM
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Joined: Jun 2006
Posts: 8,735
Dave Davidson
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2006
Posts: 8,735 |
NORML called it right. FJB and Congress have looted the country with the build back better scams.
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033289
04/12/24 09:27 PM
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Joined: Oct 2008
Posts: 15,749
Tbar
THF Celebrity
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Joined: Oct 2008
Posts: 15,749 |
The spread between gold and silver is out of wack. Silver is playing catch-up.
Make America Great Again
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033295
04/12/24 09:35 PM
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Joined: Nov 2013
Posts: 2,285
Hunt Dog
Veteran Tracker
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Joined: Nov 2013
Posts: 2,285 |
I'm guessing the Hunt brothers redux??
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Re: Why is silver price exploding?
[Re: Hunt Dog]
#9033304
04/12/24 09:50 PM
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Joined: Nov 2009
Posts: 1,221
rjf1911
Pro Tracker
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Pro Tracker
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I'm guessing the Hunt brothers redux?? Never forget Bunker’s quote when a congressman asked him how it felt to lose a billion dollars during that….”Well, a billion dollars ain’t what it used to be. And, brother Herbert Hunt passed away this week at 95.
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033332
04/12/24 10:53 PM
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Joined: Sep 2018
Posts: 1,096
Old Shakie
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Preserve wealth....Some people think Israel and Iran are about to get the world into WW3.
Last edited by Old Shakie; 04/12/24 10:59 PM.
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033379
04/13/24 12:42 AM
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Joined: Mar 2010
Posts: 14,338
ntxtrapper
THF Celebrity
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THF Celebrity
Joined: Mar 2010
Posts: 14,338 |
Aggressive silver buying by China is one of several reasons.
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Re: Why is silver price exploding?
[Re: Old Shakie]
#9033409
04/13/24 01:55 AM
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Joined: Aug 2005
Posts: 32,995
txtrophy85
THF Celebrity
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Joined: Aug 2005
Posts: 32,995 |
Preserve wealth....Some people think Israel and Iran are about to get the world into WW3. Trump hinted at that today at his press conference
For it is not the quarry that we truly seek, but the adventure.
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033486
04/13/24 11:37 AM
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Joined: Sep 2004
Posts: 13,263
RedRanger
THF Celebrity
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THF Celebrity
Joined: Sep 2004
Posts: 13,263 |
Look at price of $500 and $1000 dollar bills the last 5 years they have almost tripled
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Re: Why is silver price exploding?
[Re: Old Shakie]
#9033498
04/13/24 12:29 PM
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Joined: Apr 2011
Posts: 8,169
Cool Mo D
THF Trophy Hunter
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THF Trophy Hunter
Joined: Apr 2011
Posts: 8,169 |
How many times does Israel have to whoop Iran before they get the message?
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033595
04/13/24 04:16 PM
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Joined: Jun 2006
Posts: 8,735
Dave Davidson
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2006
Posts: 8,735 |
What to do with it?
I’m 81 yoa and bought my first blue Whitman folder when I was about 13 yoa. Now have a bunch of them. With the exception of extremely rare penny’s, etc, they are full. Also have an awful lot of dime and quarter rolls. Never bought a coin.
Being debt free, I don’t need money. Selling them won’t change my lifestyle. I have a safe full of guns and way too many rods, reels, and tackle boxes.
I still look at my change and finding a keeper is a rarity.
Last edited by Dave Davidson; 04/13/24 04:23 PM.
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
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Re: Why is silver price exploding?
[Re: Dave Davidson]
#9033668
04/13/24 08:43 PM
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Joined: Sep 2018
Posts: 1,096
Old Shakie
Pro Tracker
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Pro Tracker
Joined: Sep 2018
Posts: 1,096 |
What to do with it?
I’m 81 yoa and bought my first blue Whitman folder when I was about 13 yoa. Now have a bunch of them. With the exception of extremely rare penny’s, etc, they are full. Also have an awful lot of dime and quarter rolls. Never bought a coin.
Being debt free, I don’t need money. Selling them won’t change my lifestyle. I have a safe full of guns and way too many rods, reels, and tackle boxes.
I still look at my change and finding a keeper is a rarity. What to do with it?.....I got several hundred dollars face value of silver. My daughter has her eye on it. She also told me to buy Bitcoin years ago. I wish I had listened.
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Re: Why is silver price exploding?
[Re: Dave Davidson]
#9033670
04/13/24 08:44 PM
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Joined: Sep 2018
Posts: 1,096
Old Shakie
Pro Tracker
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Pro Tracker
Joined: Sep 2018
Posts: 1,096 |
What to do with it?
I’m 81 yoa and bought my first blue Whitman folder when I was about 13 yoa. Now have a bunch of them. With the exception of extremely rare penny’s, etc, they are full. Also have an awful lot of dime and quarter rolls. Never bought a coin.
Being debt free, I don’t need money. Selling them won’t change my lifestyle. I have a safe full of guns and way too many rods, reels, and tackle boxes.
I still look at my change and finding a keeper is a rarity. What to do with it?.....I got several hundred dollars face value of silver. My daughter has her eye on it. She also told me to buy Bitcoin years ago. I wish I had listened.
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Re: Why is silver price exploding?
[Re: Old Shakie]
#9033723
04/13/24 10:27 PM
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Joined: Nov 2017
Posts: 20,370
Biscuit
THF Celebrity
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THF Celebrity
Joined: Nov 2017
Posts: 20,370 |
What to do with it?.....I got several hundred dollars face value of silver. My daughter has her eye on it. She also told me to buy Bitcoin years ago. I wish I had listened.[/quote]
If you have any Franklin halves you want to sell please let me know
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Re: Why is silver price exploding?
[Re: Old Shakie]
#9033732
04/13/24 10:36 PM
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Joined: Oct 2004
Posts: 23,113
Superduty
"The Regulator"
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"The Regulator"
Joined: Oct 2004
Posts: 23,113 |
What to do with it?
I’m 81 yoa and bought my first blue Whitman folder when I was about 13 yoa. Now have a bunch of them. With the exception of extremely rare penny’s, etc, they are full. Also have an awful lot of dime and quarter rolls. Never bought a coin.
Being debt free, I don’t need money. Selling them won’t change my lifestyle. I have a safe full of guns and way too many rods, reels, and tackle boxes.
I still look at my change and finding a keeper is a rarity. What to do with it?.....I got several hundred dollars face value of silver. My daughter has her eye on it. She also told me to buy Bitcoin years ago. I wish I had listened. I have some silver that can explode…. ![[Linked Image]](https://texashuntingforum.com/forum/pics/userpics/2024/04/full-636-418249-img_3553.jpeg)
Last edited by Superduty; 04/13/24 10:45 PM.
'It's Only Treason if You Lose."
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Re: Why is silver price exploding?
[Re: fredeboy]
#9033972
04/14/24 04:16 PM
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Joined: Jun 2006
Posts: 8,735
Dave Davidson
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2006
Posts: 8,735 |
Silver down .56 per ounce today
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
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Re: Why is silver price exploding?
[Re: fredeboy]
#9034093
04/14/24 09:37 PM
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Joined: Nov 2009
Posts: 71,237
NORML as can be
^^Cut the Cord^^
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^^Cut the Cord^^
Joined: Nov 2009
Posts: 71,237 |
(R-TX) .-- " TCNN CURL CRLB VRNO AYR SNDL CGC TLRY MSOS "
_=====___=________==-
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