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Silver’s price chart has been looking like it’s had one too many espressos lately!! We’re now brushing up against the $50, ok technically the $45 mark, but thats apsychological barrier that hasn’t been tested since the infamous Hunt Brothers squeeze of 1980 and briefly again in 2011... The question everyone’s asking: could silver break through and rocket toward triple digits before Christmas?
Now, some will look at this and cry out that silver has become “too expensive,” as though it’s suddenly turned into some kind of luxury asset reserved only for hedge funds and royalty. But here’s the reality, silver hasn’t changed. An ounce of silver today is the same ounce of silver it was ten, fifty, or a hundred years ago. What’s changed is the purchasing power of the currency in your pocket.
Exter's pyramid
There’s a quote that rattles around my brain, and forgive me, because I’ll butcher it, but it goes something like: “In times of doubt and uncertainty, money will flow to the most secure of asset classes.” And that’s exactly what we’re seeing now. Inflationary pressures, geopolitical tension, ballooning debt, and a financial system straining under its own weight — these things are driving capital into gold and silver like bees to a hive.
So while the headlines shout about “expensive” silver, I see it differently. Silver isn’t becoming costly — fiat currency is simply revealing its fragility. A £20 note buys less bread, less fuel, and less freedom than it did a decade ago, but an ounce of silver remains an ounce of silver. If anything, silver is merely rebalancing itself against a weakening currency backdrop.
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Could we really see $100 silver before Christmas? Maybe. Maybe not. Markets are funny things, and predictions can make fools of us all. But here’s the heart of it: whether silver makes that leap in the next three months or three years, the trajectory remains the same. More and more people — from everyday stackers like you and me to the “big money” institutions — are waking up to the fact that silver is a must-have, not a maybe.
So, yes, prices are rising. Yes, the $50 barrier is in sight. But in the long run, the logic still holds: better to buy now and reap the rewards later than to wait until the crowd has already stormed the gates. Silver hasn’t suddenly become a luxury. It’s still the people’s money,and right now, it feels like the people are finally remembering that.ppppĺ
Silver will still be on sale as it passes the 100 Fiat Dollar price…
I was expecting $50 silver by Christmas and $70 by Easter. Hoping for a nice steady rise rather than being in a big hurry. Looks like FOMO is catching on. I need more time to stack more at these cheap prices. It will be expensive a year from now.
Hindsight is a wonderful thing.... remember when we sll thought $30(US) was expensive??
I remember buying at below $30 CAD.
I remember £9 silver...
I dropped by the coin shop expecting to pick up 4 ounces of buyback silver... Only walked away with 3, it was more expensive than last time. And the stock was low...
Its only going up from here. Weve all become tocuse to seeing $20 silver and thinking ill pick up more when it drops to sub$18... We will definitely see s corr3ction in th3 future, but will it ever get down to sub 20 again, i dont think so.
Expect $40+ to stay and become the new normal
Silver will get down to $9 per ounce, but it will be payable in Sound Money…
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