News How about them silver prices? (~$95usd@toz!)

[Emba]

It's really crazy the price of silver these days! 95 bucks a ounce! (...Troy ounce = 31 grams...)

Silver Price Today | Price of Silver Per Ounce | 24 Hour Spot Chart | KITCO

Live Silver Charts and Silver Spot Price from International Silver Markets, Prices from New York, London, Hong Kong and Sydney provided by Kitco.

www.kitco.com

In a way its cool to see my silver "savings" go up in value so much. But all that really means, is that the paper money is worth far far less than it used to be.

That silver dime (or dollar) will buy the same exact shit it has always bought...

I got stuff I paid $15 a toz for... That same stuff is (almost) worth $100 now...

Ofc, I'd have to sell the stuff to get the money out of it.

And there's a "anti premium" when you sell precious metals. ~10% of its value. (So the buyer/seller/dealer has room to make a profit too);

The "premium" is when you overpay for it. (Ie: >10$ over spot... For American silver eagles...)

Anyway,
It's mind boggling!

 

[Todd Thundercock]

It sucks because I have a few pounds of silver that I bought long ago but I can't sell it lol

 

[Emba]

It sucks because I have a few pounds of silver that I bought long ago but I can't sell it lol

Why can't you sell it? No access? Or do you want to see how much higher it will get?

 

[PvZcel]

I bought a 1kg bar a couple months ago when it was $50 an ounce. I regret not buying more. I'm putting most of my savings in gold and silver rn and it has been doing quite well.

 

[Emba]

I bought a 1kg bar a couple months ago when it was $50 an ounce. I regret not buying more. I'm putting most of my savings in gold and silver rn and it has been doing quite well.

I guess thats better than leaving it as cash savings...

But I always thought it was weird when people buy in when the prices are high. (Even though the predictions and mining projections expect and support much higher costs.)

Did you buy in because it was popular? Or because it was (historically) "real" money? Or was it's technology usage value looking good?

 

[PvZcel]

I guess thats better than leaving it as cash savings...

But I always thought it was weird when people buy in when the prices are high. (Even though the predictions and mining projections expect and support much higher costs.)

Did you buy in because it was popular? Or because it was (historically) "real" money? Or was it's technology usage value looking good?

I bought it because I didn’t trust stocks as I thought they were overvalued and as a hedge against a market downturn. Also considering how cash can easily be printed, I was looking for a somewhere safe to put my money.

 

[plastic chewer]

Silver is crucial for the production of solid state batteries, the price should only tread up

 

[Emba]

Silver is crucial for the production of solid state batteries, the price should only tread up

Yeah its in most electronic stuff. And its much harder to recover, unlike gold.

I'm suprised it took so long to get this high.

 

[Emba]

I bought it because I didn’t trust stocks as I thought they were overvalued and as a hedge against a market downturn. Also considering how cash can easily be printed, I was looking for a somewhere safe to put my money.

Besides "precious metals" you should also get stuff you think you're going to need in the future, now. While its cheaper. And other investment type stuff. Lumber, hardware, fasteners... Ofc, all that stuff takes up more space...

 

[IWWorkER]

I'm really happy I did not miss this opportunity for once, and bought some silver years ago.

 

[IWWorkER]

Or because it was (historically) "real" money? Or was it's technology usage value looking good?

These 2 for me, plus I want to own physical things.

 

[IWWorkER]

But all that really means, is that the paper money is worth far far less than it used to be.

It can't only be that, if it were, everything else would have tripled in price throughout 2025, which is not the case.
Silver would keep going up in value even if the USD was stable.

 

[Emba]

It can't only be that, if it were, everything else would have tripled in price throughout 2025, which is not the case.
Silver would keep going up in value even if the USD was stable.

I mean, in general, prices of everything has gone up...

 

[IWWorkER]

I mean, in general, prices of everything has gone up...

Yeah but not tripled in a year, at least not where I live

 

[Emba]

Yeah but not tripled in a year, at least not where I live

But tripled in 10 years...

Like eggs

 

[IWWorkER]

But tripled in 10 years...

I'm not old enough to remember that...

 

[Todd Thundercock]

Why can't you sell it? No access? Or do you want to see how much higher it will get?

I'd have to find a dealer that's not going to report taxes or it's not worth it with my NEETbux.

So, I may as well hold onto it for a rainy day.

 

[nazianime]

I think I bought at 29$ an oz so I am glad I kept my silver, I thought it would take longer to appreciate considering that silver has always been slow.

/pol/ was right when they said after the collapse of currency I would be able to get a virgin wench for a silver eagle

 

[Emba]

I'd have to find a dealer that's not going to report taxes or it's not worth it with my NEETbux.

So, I may as well hold onto it for a rainy day.

Aha, same problems as me...

One of my exit strategies is, to trade it for a high value item.... Like a car or land or whatever.

 

[Emba]

I think I bought at 29$ an oz so I am glad I kept my silver, I thought it would take longer to appreciate considering that silver has always been slow.

/pol/ was right when they said after the collapse of currency I would be able to get a virgin wench for a silver eagle
View attachment 1655919

Those things always did have a premium!

 

[IWWorkER]

/pol/ was right when they said after the collapse of currency I would be able to get a virgin wench for a silver

Can't wait tbh

 

[Justanotherbloke]

You are right about devaluation of paper money. It’s really just fiat losing to inflation and overprinting. Historically metals like silver hold real purchasing power. But spot prices are still high, so selling might not be ideal. If you’ve got $15/oz silver near $100, I would hold unless you need cash.

 

[Emba]

You are right about devaluation of paper money. It’s really just fiat losing to inflation and overprinting. Historically metals like silver hold real purchasing power. But spot prices are still high, so selling might not be ideal. If you’ve got $15/oz silver near $100, I would hold unless you need cash.

Yeah most of my silver I bought at $15...

It's really wild how much it went up.

I'm thinking I can afford some time with a pretty whore... Lol

 

[Emba]

Was $118 toz for an hour...
(At least that was the bid...)

 

[nazianime]

Was $118 toz for an hour...
(At least that was the bid...)

It’s because the Japanese yen ain’t doing to well and they are trying to bailout their currency by selling us bonds.

 

[friedrllyudidntknow]

You are right about devaluation of paper money. It’s really just fiat losing to inflation and overprinting. Historically metals like silver hold real purchasing power. But spot prices are still high, so selling might not be ideal. If you’ve got $15/oz silver near $100, I would hold unless you need cash.

Exactly. If it can be infinitly printed and is not backed by anything, what is it worth?

 

[RandomGuy]

I make lots more money trading eggs (CALM), wood (WY) and natural gas (UNG) that have rapid price swings in the stock market. Precious metals take forever to rise in price. Selling “physical” precious metals is a pain, and the high premiums suk.

 

[MajorThomas666]

It's really crazy the price of silver these days! 95 bucks a ounce! (...Troy ounce = 31 grams...)

Silver Price Today | Price of Silver Per Ounce | 24 Hour Spot Chart | KITCO

Live Silver Charts and Silver Spot Price from International Silver Markets, Prices from New York, London, Hong Kong and Sydney provided by Kitco.

www.kitco.com

In a way its cool to see my silver "savings" go up in value so much. But all that really means, is that the paper money is worth far far less than it used to be.

That silver dime (or dollar) will buy the same exact shit it has always bought...

I got stuff I paid $15 a toz for... That same stuff is (almost) worth $100 now...

Ofc, I'd have to sell the stuff to get the money out of it.

And there's a "anti premium" when you sell precious metals. ~10% of its value. (So the buyer/seller/dealer has room to make a profit too);

The "premium" is when you overpay for it. (Ie: >10$ over spot... For American silver eagles...)

Anyway,
It's mind boggling!

Damn. I be gots thousands of silver coins that I forgot about

 

[MajorThomas666]

Exactly. If it can be infinitly printed and is not backed by anything, what is it worth?

It's worth is who uses it and goods being traded with it. Gold and silver literally are metals/rock, and have little value either. I could use my own poop as currency if I wanted, but would people adopt it?

 

[MajorThomas666]

I'd have to find a dealer that's not going to report taxes or it's not worth it with my NEETbux.

So, I may as well hold onto it for a rainy day.

Yeah, based. Just Swissbankingmaxx as neet theory

 

[MajorThomas666]

H

Yeah its in most electronic stuff. And its much harder to recover, unlike gold.

I'm suprised it took so long to get this high.

Hell yeah

 

[Justanotherbloke]

Yeah most of my silver I bought at $15...

It's really wild how much it went up.

I'm thinking I can afford some time with a pretty whore... Lol

Most women, if not all, are hypergamous transactional Whores so I don't think you will have a hard time finding one.

 

[Emba]

Most women, if not all, are hypergamous transactional Whores so I don't think you will have a hard time finding one.

I know old guy in my town that asked a gal for an hour for $100, he spent a month in jail.

 

[IWWorkER]

Anyway,
It's mind boggling!

Thoughts on the recent crash?

 

[Emba]

Thoughts on the recent crash?

Ikr? Bam! Lost half of it! Lol...

It's a wild wild ride!

I kind of wish a sold a brick at the top, then bought more at the dip. Oh well...

 

[IWWorkER]

Ikr? Bam! Lost half of it! Lol...

It's a wild wild ride!

I kind of wish a sold a brick at the top, then bought more at the dip. Oh well...

Yeah same but we're back at 85$ so it's alright, still greatly in positive. Tbh, I wish it crashed lower so I could have bought more cheaper.
Oh well, Im not gonna complain...

 

[Emba]

Yeah same but we're back at 85$ so it's alright, still greatly in positive. Tbh, I wish it crashed lower so I could have bought more cheaper.
Oh well, Im not gonna complain...

As someone that bought at 15, I cringe to buy over 50 lol

 

[IWWorkER]

As someone that bought at 15, I cringe to buy over 50 lol

I bought most of mine around 20$, a bit more last year around 50 but not much so it doesnt really change my average buying price.
I wish I bought more back when it was at 20$ but I was broke (and underaged).
Well, I still have a few kilos so Im ok.

 

[Emba]

I bought most of mine around 20$, a bit more last year around 50 but not much so it doesnt really change my average buying price.
I wish I bought more back when it was at 20$ but I was broke (and underaged).
Well, I still have a few kilos so Im ok.

Kilos you? Wow! Gfu!

I had more but I started trading it for stuff...

 

[IWWorkER]

Gfu!

What does that mean? Im ESL

I had more but I started trading it for stuff...

What did you traded it for ?

 

[Emba]

What does that mean? Im ESL

Good for you

What did you traded it for ?

A large degoogled phone

And local farm foods

 

[IWWorkER]

Good for you

Ahhh... for a moment I thought you told me "Go fuck urself" so I was confused jfl

A large degoogled phone

And local farm foods

Nice

 

[Maikowski]

It's too late to buy silver. Boomers inflated the price

 

[Emba]

Ahhh... for a moment I thought you told me "Go fuck urself" so I was confused jfl

I am tempted to be jeloise and angery that you silver mog me... Lol.

Nice

It still works good too!

 

[IWWorkER]

It's too late to buy silver. Boomers inflated the price

Brutal for silverlets poorcels
jk I have some silver but Im still poor

Seriously though, I doubt boomers have so much impact. Silver Market Cap is like 5 trillion $, some boomers buying spending a few thousands for some coins probably doesnt have much impact, if any, on spot price.
Most likely the price went up because institutional investors, mainly central bank, and China....

Spoiler: NSFW

 

[Emba]

Brutal for silverlets poorcels
jk I have some silver but Im still poor

Seriously though, I doubt boomers have so much impact. Silver Market Cap is like 5 trillion $, some boomers buying spending a few thousands for some coins probably doesnt have much impact, if any, on spot price.
Most likely the price went up because institutional investors, mainly central bank, and China....

Spoiler: NSFW

View attachment 1678834

Nice pavers

 

[IWWorkER]

Nice pavers

https://www.nytimes.com/2026/02/22/world/americas/jalisco-new-generation-cartel-leader-killed.html

Troubles just started in Mexico's major silver producing state and area, hopefully this will be good and keep the price going up when the market opens in an hour or so

 

[IWWorkER]

95 bucks a ounce! (...Troy ounce = 31 grams...)

We're back

 

[Emba]

We're back