OT: Hi Yo Silver

[itseasyas1-2-3]

That's all.

 

[SickOfPractice]

Silver. It's expensive. I'm seeing references that I used to give Silver Dollars at Christmas to family and friends and even neighbors. Either silver was way less expensive years ago or I had more money than I knew what to do with. And I know it must have been the former.

 

[itseasyas1-2-3]

Silver. It's expensive. I'm seeing references that I used to give Silver Dollars at Christmas to family and friends and even neighbors. Either silver was way less expensive years ago or I had more money than I knew what to do with. And I know it must have been the former.

No offense, but your rationale is totally ***-backwards.

 

[Lars72_rivals313832]

Given today is the 81st anniversary of D-Day, this was my first thought regarding this thread.

 

[dinglefritz]

Silver. It's expensive. I'm seeing references that I used to give Silver Dollars at Christmas to family and friends and even neighbors. Either silver was way less expensive years ago or I had more money than I knew what to do with. And I know it must have been the former.

We have some locked away for an emergency. We used to give a silver eagle to kids from my son’s scout troop when they achieved Eagle Scout.

 

[DrAlan_Grant]

 

[itseasyas1-2-3]

Silver. It's expensive. I'm seeing references that I used to give Silver Dollars at Christmas to family and friends and even neighbors. Either silver was way less expensive years ago or I had more money than I knew what to do with. And I know it must have been the former.

As I told this member, his thinking is *** backward.
On this day, June 6, 2025 silver was 35.98 an ounce. Today it's 52.55
On this day, June 6, 2025 gold was 3,312.00 and ounce. Today it's 4,360.00

On the year, gold is up 67% and silver is up 88%. That means the dollar continues to weaken.

In simplest terms, if that one single ounce of silver in June was 35.98 and its now 52.55, that ounce did not change, its the same ounce, what changed was the value of a dollar. Same thing with gold.

 

[BugsAreQualityProtein]

It’s been awhile since I’ve seen old reruns of the Lone Ranger.

 

[Shoxsker]

As I told this member, his thinking is *** backward.
On this day, June 6, 2025 silver was 35.98 an ounce. Today it's 52.55
On this day, June 6, 2025 gold was 3,312.00 and ounce. Today it's 4,360.00

On the year, gold is up 67% and silver is up 88%. That means the dollar continues to weaken.

In simplest terms, if that one single ounce of silver in June was 35.98 and its now 52.55, that ounce did not change, its the same ounce, what changed was the value of a dollar. Same thing with gold.

Even real estate. Value doesnt increase in most things, the amount of dollars it takes to buy it increases because the value of said dollar has decreased.

 

[4plateBencher]

As I told this member, his thinking is *** backward.
On this day, June 6, 2025 silver was 35.98 an ounce. Today it's 52.55
On this day, June 6, 2025 gold was 3,312.00 and ounce. Today it's 4,360.00

On the year, gold is up 67% and silver is up 88%. That means the dollar continues to weaken.

In simplest terms, if that one single ounce of silver in June was 35.98 and its now 52.55, that ounce did not change, its the same ounce, what changed was the value of a dollar. Same thing with gold.

If you own metals, the USD price is irrelevant.

If you're trying to make USD trades for profit, you could have invested in Intel and a host of other stocks and made a much larger gain this year alone.

I own metals, and I do not worry about their USD price. Neither should you.