Silver Price Jump

Any thoughts on the big jump today?

Werewolves?

Everything is up big today....silver has been beat down just like everything else. Biggest problem is you can't find anything close to spot price anymore.

Nope...everything you see for sale is ~ $9-$10 over spot.

Hero Bullion is $5.00 over spot price on 1oz silver bars.

25% markup = 25% loss when you sell, or market has to increase 25% to make money. That's tough.

I bought some coins a couple months back at $3.69 over spot and that was a pretty good deal, about the best I've seen lately. Apmex runs specials from time to time.

I hold with this.

Let me know when it hits $80

I was inclined to sell when it approached $30.00 back in feb 2021. It did not quite make it and fell back rapidly.

Most of what I have was bought when spot was 14 to 17 $.

MO