Anybody watching the speculation on the silver market right now? I'm hearing rumors that there is going to be a run on it when the global markets open tonight. Most of the big sellers online have already halted sales until the markets open. Apparently there has been an insane increase in silver purchases over the weekend. I found a couple of places where it could still be bought so I just ordered about 30 ounces, because I'm not a gambler. I wish I had the cahones to invest more but it seemed like a small safe gamble at its current price. Can anyone that understands the GameSpot debacle and its relation to the run on silver please explain what's going on with all of this?
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Originally posted by Pineywoods View PostAnybody watching the speculation on the silver market right now? I'm hearing rumors that there is going to be a run on it when the global markets open tonight. Most of the big sellers online have already halted sales until the markets open. Apparently there has been an insane increase in silver purchases over the weekend. I found a couple of places where it could still be bought so I just ordered about 30 ounces, because I'm not a gambler. I wish I had the cahones to invest more but it seemed like a small safe gamble at its current price. Can anyone that understands the GameSpot debacle and its relation to the run on silver please explain what's going on with all of this?
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Same reddit users doing another game stop on the shorts...online silver is currently unavailable. Tomorrow will be crazy.
Last edited by Artos; 01-31-2021, 03:00 PM.
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Originally posted by Artos View PostSame reddit users doing another game stop on the shorts...online silver is currently unavailable. Tomorrow will be crazy.
https://www.bloomberg.com/news/artic...?sref=6uww027M
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Originally posted by Artos View PostSame reddit users doing another game stop on the shorts...online silver is currently unavailable. Tomorrow will be crazy.
https://www.bloomberg.com/news/artic...?sref=6uww027M
Premiums are high over spot price right now. $4-$5 premiums is what I was finding on the few places that were still selling. For $1000, it was worth it just to see what happens. I'm just gona throw it in the safe and forget about it. I compare it to buying a scratch off for $20. Most likely I just threw $20 down the drain... or I might get lucky and get my $20 back lol. Either way it was fun scratching.
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Originally posted by kerrbow View PostI had a late friend that talked me into buying a bunch of junk silver several years ago. He said that it would one day become unbelievably worth a whole lot more than I could even imagine. Maybe he was right. We will see.
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