An ounce of silver will buy a barrel of oil.
Buying physical gold/silver
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Last: 17 hrs ago by jagvocate
Queso1 said:
And the LCS are killing people on "interesting" silver. From what I can tell they only want it for melt and any $$ previously paid for "interesting" is lost.
I wanted to unload some fancy crap I had stupidly purchased instead of bullion. They offered spot. I feel like such a moron for buying that stuff.
Some fancy Scottsdale mint bars and some colorized commemorative Caribbean mint coins. Good thing I didn't go that route too much.
Call me crazy, but I bet silver becomes more desired and harder to get at $100/ounce than it is right now.
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Any of those Caribbean coins have fish on them? Would you be interested in doing some trading for ASEs, kangaroo 1oz coins or 90% junk halves? Could be fun...
I might. Here's a general link of what they are. https://www.scottsdalemint.com/product/2024-ec8-dominica-coat-of-arms-1-oz-999-fine-silver-color-coin/
I believe I have most of the 2021 set and a few of the 2022 set. All in original boxes.
You can email me at queso1. At me.com.
I believe I have most of the 2021 set and a few of the 2022 set. All in original boxes.
You can email me at queso1. At me.com.
Black silver. Texas T.oklaunion said:
An ounce of silver will buy a barrel of oil.
The left cannot kill the Spirit of Charlie Kirk.
Well the next thing you know stackin apes are millionaires;
Fiat up and vanished into thin air;
Centralized digital currency is here to save us all;
And silver soared to a grand the very next fall.
Fiat up and vanished into thin air;
Centralized digital currency is here to save us all;
And silver soared to a grand the very next fall.
You might have a career writing song lyrics if your other one doesn't work out.Queso1 said:
Well the next thing you know stackin apes are millionaires;
Fiat up and vanished into thin air;
Centralized digital currency is here to save us all;
And silver soared to a grand the very next fall.
The left cannot kill the Spirit of Charlie Kirk.
Queso1 said:
Well the next thing you know stackin apes are millionaires;
Fiat up and vanished into thin air;
Centralized digital currency is here to save us all;
And silver soared to a grand the very next fall.
Worthy of a cement pond! Bravo
We might see $75 tomorrow
🎇SHANGHAI SILVER SOARS TO $82.41/oz!! 🎇
— SilverTrade (@silvertrade) December 26, 2025
🚨ALL HELL IS BREAKING LOOSE IN THE SILVER MARKET CHRISTMAS NIGHT🚨
🔥China Silver Premium Remains $7.50/oz, Even After Silver Spikes to $75 in Western Futures Markets 🔥
🔥1 Kilo Silver Contracts Reach 18,622 yuan!!
🎇Gold EXPLODES… pic.twitter.com/UiSYJWG86R
I went ahead and did a little Christmas fomo lol. Not too much though.
This isn't stopping.
Why? What's driving the run up?Queso1 said:
This isn't stopping.
dmart90 said:Queso1 said:
This isn't stopping.
Why? What's driving the run up?
Scarcity
dmart90 said:Queso1 said:
This isn't stopping.
Why? What's driving the run up?
The US has just added silver to its critical minerals list, which means we would need to buy several hundred millions ounces as a physical stockpile (as well as building new mines which take time).
The biggest short-term driver is the fact that China has implemented export controls starting in six days which will greatly limit the amount of silver leaving China. The west is rehypothecated many times over and a lot of people are holding claims to silver that aren't backed by reality. China really has the west by the balls as they have been making deals in Peru and Mexico for their silver for years. This means less and less silver reaches the marketplace.
Samsung just created a new battery that uses about a kg of silver per electrical vehicle and they just signed an agreement with a Mexican mine for their silver. If more and more manufacturers go directly to mines it will starve the CME and LBMA of their silver.
Elon Musk intimated on X that he is getting into silver which makes sense because all his companies need silver. None of this even touches what happens when retail jumps onboard or what happens if the European banks have to cover their shorts with physical silver.
Good summary lobo
The only thing I'd add is that the Shanghai market is physical and not paper, and it's running 5-10% higher, causing a slow but steady incentive for arbitragers to take physical deliveries from paper markets and deposit it into Shanghai, further adding pressure on the West's paper game markets
The only thing I'd add is that the Shanghai market is physical and not paper, and it's running 5-10% higher, causing a slow but steady incentive for arbitragers to take physical deliveries from paper markets and deposit it into Shanghai, further adding pressure on the West's paper game markets
Pulling up EBay and seeing silver prices so high is weird. Feels like a different reality to see kilo bars $2500+.
dmart90 said:Why? What's driving the run up?Queso1 said:
This isn't stopping.
You got an hour or so?
I'm actually a little worried by how fast this is accelerating. I don't think this is it though.
I am also a little worried about the acceleration. But I am having problems pinpointing what my worries are about.
What are the potential economic problems to arise from this?
- Crash in price back down to pre-runup highs
- Added destabilization of the purchasing value of the dollar
What are the potential economic problems to arise from this?
- Crash in price back down to pre-runup highs
- Added destabilization of the purchasing value of the dollar
We are right at where 2011 peaked in the exact same general structure. Doesn't mean this has to top. Could be something different. Historical fractals don't have to replay. But it is notable from a sentiment perspective.
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$76.46 an ounce
Sponsor Message: We Split Commissions. Full Service Agents in Austin, Bryan-College Station, Dallas-Fort Worth, Houston and San Antonio. Red Pear Realty
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As silver rises in price and volatility, "$5 days"--once unheard of--will become normal.
Red Pear Realty said:
$77.40
If you're looking at cnbc, those are March futures. Kitco has current price. But, cnbc's futures is about 30 minutes ahead of what the real price will be, which is insane.
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I was on Kitco's website. What I don't understand is how sometimes a new high will post as a numeral but the chart below won't always show that number after the fact (like now).
https://www.kitco.com/
https://www.kitco.com/
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Asked a friend of mine why he started buying Silver.
— Finance Guy (@GuyTalksFinance) December 26, 2025
He said “Bitcoin and Gold are way too expensive. I can buy an ounce of Silver, but I can’t afford to buy an ounce of Gold or one Bitcoin.”
Go back to my cheat sheet from August. This is EXACTLY the sentiment I said that would precede the metals bull ending.
Buying physical gold/silver - Page 79 | TexAgs
Quote:
Generational price explosions tend to happen fast, after years... sometimes decades of buildup. And the final move in the metals bull will end with a silver blowoff top. This is because as price for all metals rises, gold becomes "unaffordable" to the masses. It's considered risky purely because of the strength of the bull and the high price compared to years prior. Silver on the other hand, despite participating in similar gains usually outperforming equities, is still considered "cheap". It feels more approachable... like you can get your hands on more of it. More bang for buck. The final move in the bull is when hedge funds, financial advisors, and general retail finally pile in. And while they will buy some gold, they will overwhelmingly flock heavier into silver, causing a euphoria move that leads to significant silver outperformance to gold.
$85/oz in Shanghai
Where's a good place to watch that?
Red Pear Realty said:
$77.40
79.40
What the heck is going on? I walk away for an hour or so and we are closing in on $80?
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Something crazy is going on. That's for sure.
It's what we stackers predicted but I really didn't think it would happen this fast. Banks could be in big trouble on Monday.
lobopride said:dmart90 said:Queso1 said:
This isn't stopping.
Why? What's driving the run up?
The US has just added silver to its critical minerals list, which means we would need to buy several hundred millions ounces as a physical stockpile (as well as building new mines which take time).
The biggest short-term driver is the fact that China has implemented export controls starting in six days which will greatly limit the amount of silver leaving China. The west is rehypothecated many times over and a lot of people are holding claims to silver that aren't backed by reality. China really has the west by the balls as they have been making deals in Peru and Mexico for their silver for years. This means less and less silver reaches the marketplace.
Samsung just created a new battery that uses about a kg of silver per electrical vehicle and they just signed an agreement with a Mexican mine for their silver. If more and more manufacturers go directly to mines it will starve the CME and LBMA of their silver.
Elon Musk intimated on X that he is getting into silver which makes sense because all his companies need silver. None of this even touches what happens when retail jumps onboard or what happens if the European banks have to cover their shorts with physical silver.
Thank you!
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