44 Silver just hit $23/oz. (www.apmex.com) posted 79 days ago by armyofpedes4usa 79 days ago by armyofpedes4usa +44 / -0 Silver Price Today | Silver Spot Price Charts View the current Silver spot price with APMEX Silver price charts. See the Silver price per ounce, Silver price per gram & Silver price per kilo. www.apmex.com 21 comments share 21 comments share save hide report block hide replies
You'll be lucky to hold an ounce of silver in your hand for less than $27. Closer to $29 if you want any kind of coin.
This is just the "We'll hold it for you in a vault, we promise" price.
still holding a 100oz bar i bought at 30, lol
Won't matter much if you bought at 27 or 30 when the price is upwards of 80, 90, 100+...
It won't hit over 50 and if it even hits 50, that will last for half an afternoon. It hit 50 once when Nelson Bunker Hunt tried to corner the market about 40 years ago, and again about 20 years ago. Both times it crashed because people emptied their jewelry boxes and coin collections at cash for gold / silver shops and flooded the market.
Back then the end of the petrodollar wasn't looming.
Except this time when they flood the market, it will still get drained.
if that ever happens...
im not going to hold my breath
The tough thing is gonna be not selling at 45, after it hits 50, 55 and comes back down a bit.
The USD is getting dumped the the rest of the world bro. Do you understand the implications?
not sure why id sell just to get shit tons of USD
I managed to get some sovereign coins for around $27 the other day.
Silver hit 45/Oz during the 2008 crisis
How long did that price level hold? If I recall, it was less than 24 hours before it crashed again.
I dont recall. I wasnt in metals back then.
Yea and the spot price is still around $37 for Silver Eagles. Rounds maybe closer to the $23 range, but your not going to find that unless you get 90% silver.
I have a few silver billions and bars I bought last year. I think the price was $22 an ounce then.
BFD. It's been close to that for the past several years. Avoid shills who try and sell you physical gold or silver - it's a scam. You pay a premium over spot when you buy, and give up a lot when selling.
OK, but in that case you'd be better off buying guns and ammo than bullion.