Seems there’s no stopping Silver & Gold!

[Sand Hunter]

Hang on to your Silver & Gold rings & bling guys & gals, prices have been rising steadily almost every day.

Silver is currently at $49.42/oz. It passed $49/oz briefly on Monday, and as usual, the price has been doing the up & down dance for the last 2 days. After dropping a dollar or so yesterday, it’s back up over $49/oz and is starting to inch closer to $50/oz. In the last month, Silver has risen $7.91/oz.

Gold is currently at $4,066.60/oz. It crossed $4,000/oz yesterday, price has been doing the usual up and down dance, but it’s now solidly over $4K and moving closer to hitting $4,100. In the last month, Gold has risen $415.20/oz.

 

[PV beach]

I want to hold on to my gold and silver and sell when it hits its peak. Could you please tell me when that will be, and what the price will be? LoL.

 

[johnny utah]

gold seems completely unstoppable!!

OBN if your listening many of us want to be adopted!!
LOL!!!

 

[Sand Hunter]

I want to hold on to my gold and silver and sell when it hits its peak. Could you please tell me when that will be, and what the price will be? LoL.

Damn, my crystal ball is in the shop getting repaired, lol. Not too sure about Gold, except that it's been rising every day and doesn't seem to be any signs it will be slowing any time soon. But I do have some Silver intel I can share.

A little birdie, who is directly connected to a much, much larger and much more powerful birdie told me just a couple months ago, when Silver was in the 30's, that Silver would be hitting $50/oz very soon, then it will skyrocket upwards from there. A few years ago, based on his intel, I started buying Silver when the spot was $19/oz, and if I recall, I think the Gold I got back then had a spot price around 2K or thereabouts. So far, over the last few years, his intel about Gold & Silver has been spot on and has come to pass.

Gold just hit $4K yesterday, and Silver is within pennies of hitting $50/oz. A couple weeks ago, he received intel that Silver will be hitting mid 3-figures in the not-too-distant future, and he emphasized that "not-too-distant" meant just that, as in pretty soon, like a matter of months, not years. So probably sometime in 2026 I would suspect. He's been 100% spot on with his intel over the last several years, so I trust what he says.

Lemme' tell ya, all I can say is that when Silver hits mid 3-figures, I might have to record a video of me sitting in a tent with a giant grin on my face, because, I'll be one "Happy Camper", lol.

 

[Sand Hunter]

gold seems completely unstoppable!!

OBN if your listening many of us want to be adopted!!
LOL!!!

Hell, I'll have to start the paperwork to have my last name changed.

Joe, I'm your long-lost brother!!

 

[Tom_in_CA]

Now that gold has gone over $4,000 an ounce, I have only one question : Felix, will you marry me ?

 

[Sand Hunter]

Now that gold has gone over $4,000 an ounce, I have only one question : Felix, will you marry me ?

Tom, aren't you already married? If so, I think you'll have to move to Utah to pick up a 2nd, lol.

 

[Sand Hunter]

I realize it might be hard for some to wrap their head around how it would be possible for silver to continue rising up to a 3-figure valuation, but here’s some historical data that shows that silver’s value could/should indeed be MUCH higher, and a 3-figure valuation is certainly possible. To show the possibilities, Silver’s current price adjusted for various historical ratios will be in (bold).

Based on current prices, the gold/silver ratio right now is 82:1 ($4,061.20/$49.26). But that ratio has fluctuated and has been much lower throughout history. For hundreds of years, the gold/silver ratio did not fluctuate much, as it was fixed by governments to keep their official currencies stable.

• The Roman Empire officially set the ratio at 12:1 (silver - $338.43).
• In medieval Europe, it fell to 9.4:1 (silver - $432.04) in 1350 but climbed back to 12:1 ($338.43) in the 1450s.
• The U.S. government fixed the ratio at 15:1 (silver - $270.75) with the Coinage Act of 1792.
• During the entire 20th century, the average gold-silver ratio was 47:1 (silver - $86.41).
• In the 21st century, the ratio ranged mainly between 50:1 (silver - $81.22) and 70:1(silver - $58.02).
• Gold/Silver ratio peaked in 2020, rising to 104.98:1 (silver - $38.69) in 2020.
• Gold/Silver ratio had a low in 2011 of 35:1 (silver - $116.03).

When our currency changes from Fiat and returns to being backed by Gold/Silver, it’s feasible/possible that we’ll also revert back to the gold/silver ratio that our forefathers set in 1792, which was 15:1. At today’s current gold/silver prices that would make silvers value ($270.75). And as Gold continues to rise, Silver will as well.

 

[HungryGhost]

I want to hold on to my gold and silver and sell when it hits its peak. Could you please tell me when that will be, and what the price will be? LoL.

The question is, sell it for what? Fiat paper that is printed out of thin air? Hold on to your gold and silver, this could be the beginning of something historic.

 

[Sand Hunter]

Hold on to your gold and silver, this could be the beginning of something historic.

Your words are very wise, and we are indeed living in very historic times. Just like I used to ask my grandfather what it was like living through the Great Depression, our grandkids and future generations will look back on the time we're living in and ask what it was like to live through the history making times we're currently in. The majority of people have no idea how great things are going to be in our Country. It will be unlike anything ever experienced in human history. So hang on, it's gonna get wild, lol.

 

[PV beach]

The question is, sell it for what? Fiat paper that is printed out of thin air? Hold on to your gold and silver, this could be the beginning of something historic.

My problem is I have to pay my bills in Fiat paper. I would like to get as much of this worthless paper as I can to stay financially solvent. My doctor won't take a gold ring for payment, so until the time comes that he will, It is in my best interest to get as much Fiat paper as I can for the gold that I find. Pesos will work to, but are not worth as much as dollars. I am able to hold on to my gold for awhile, but just like stocks, until I turn them into cash, I can't enjoy the value of my labor. The owner of the Lost Dutchman gold mine died a lonely man in a shack with with a huge hoard of gold under his bed. Someday the US or even world economy may completely collapse and precious metals be used as currency again, but for right now Fiat cash will make my car payment, buy me some gass, and get me to the beach to find more precious metal in the sand.

 

[metaladdict]

They say gold may hit 10k and ounce! The feds mat reset the price, we may head into a deep recession? Who knows?

 

[FelixtheCat]

Now that gold has gone over $4,000 an ounce, I have only one question : Felix, will you marry me ?

 

[sube]

When the general public runs out of money it will go down no buyers down it will go sell some now . And wait for a better price . sube

 

[amc rulz]

From what I’ve found, dealers are paying $4-$5 under spot for anything less than .999 pure. There’s a glut of silver being sold right now and with the high price at the moment dealers don’t want to be left holding the bag if the price tanks.

 

[HungryGhost]

When the general public runs out of money it will go down no buyers down it will go sell some now . And wait for a better price . sube

Gold and silver prices are not really affected by the buying of the general public. The price usually moves due to paper trading ETFs. This time it’s different. Central banks in the east and global south are stockpiling the physical metals, not paper promises. The sand in the Vasoline is, there isn’t enough physical metal to cover all of the promissory metal.

 

[amc rulz]

They say gold may hit 10k and ounce! The feds mat reset the price, we may head into a deep recession? Who knows?

So the fed controls the global price of gold?

 

[hoser]

I have a question. Since gold has hit $4k, has detector sales gone up? Stands to reason people that read posts on detecting forums but either don't have a detector or now want to upgrade from and old unit or from a cheaper one. All you surf pirates beware! You may have some serious competition coming your way.

 

[Cfmct]

I have a question. Since gold has hit $4k, has detector sales gone up? Stands to reason people that read posts on detecting forums but either don't have a detector or now want to upgrade from and old unit or from a cheaper one. All you surf pirates beware! You may have some serious competition coming your way.

Are you serious? Most people hang up their detectors this time of year on east coast... I rarely see anyone else detecting ever during winter months and I like it.

 

[hoser]

Are you serious? Most people hang up their detectors this time of year on east coast... I rarely see anyone else detecting ever during winter months and I like it.

Hide and watch my friend, hide and watch. I'll bet you would be surprised at the amount of people that would brave the elements just for the chance to find a little gold. Money makes people do strange and even stupid things.