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Silver crossed $60/oz today and it’s now just a few cents away from hitting $61/oz. It's gonna be a wild ride!

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UPDATE: I stand corrected, just checked and Silver crossed over $61/oz, lol.

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Good Lord, it's still rising, been rising all day, lol. It's currently doing its up & down dance. currently at $61.41 but hit $61.63 a little while ago, so it's definitely heading quickly towards $62/oz!!

Remember the big deal when silver hit $50/oz in 1980?  Some analysts say it could go up from today’s $60/oz to $80/oz by 2030 as it’s used now for AI servers, and other emerging applications like better eCar batteries. A nice little ~30% increase. 

…but what do I know?

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Probably will continue to rise. Gold has slowed a bit. I bought some for the long haul I guess....or the black market when things sink. When it does hit the fan though I think that the only way to cash in if you will is to trade for things because when things do sink it will become a digital currency retailers accept.

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14 hours ago, GotAU? said:

Remember the big deal when silver hit $50/oz in 1980?  Some analysts say it could go up from today’s $60/oz to $80/oz by 2030 as it’s used now for AI servers, and other emerging applications like better eCar batteries. A nice little ~30% increase. 

…but what do I know?

I think I read inflation adjusted from 1980 is about $180 today.  There aren’t many nay sayers in the financial experts bus now, all are saying much much higher.  Demand is outstripping mine production year after year now.  Technological manufacturing demand continues to rise.  

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I use to see silver as just above my clad/junk dug but now I get excited every hunt I dig several silvers! My little 75 silvers for the year are now at 375.oo .. Not bad at all. 

 

 

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3 hours ago, Joe Beechnut OBN said:

I use to see silver as just above my clad/junk dug but now I get excited every hunt I dig several silvers! My little 75 silvers for the year are now at 375.oo .. Not bad at all. 

And Joe, the excitement continues, up again since the last 4 hours, lol. 

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