Domain: tiger-web1.srvr.media3.us Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey | Page 23 | Money Talk
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re: Silver Bugs thread: Silver up 12% for the week on Black Friday started the journey

Posted on 1/13/26 at 7:15 am to
Posted by OccamsStubble
Member since Aug 2019
9564 posts
Posted on 1/13/26 at 7:15 am to
Let’s recap since the thread start..

Black Friday 2025: SILVER 57
Jan 13, 2026: SILVER 87

Well, OK.
Posted by Hangit
The Green Swamp
Member since Aug 2014
46198 posts
Posted on 1/13/26 at 7:37 am to
quote:

Let’s recap since the thread start..




Posted by Lsut81
Member since Jun 2005
84279 posts
Posted on 1/13/26 at 8:06 am to
quote:

Just make sure you let us know when your boating accident occurred


Funny you mention... It actually happened last night.


I'm OT poor now.
Posted by NYNolaguy1
Member since May 2011
21730 posts
Posted on 1/13/26 at 8:11 am to
$87/oz and rising as of this morning

ETA: Really debating trading in some silver eagles for a gold eagle or riding this out to see how high it goes.
This post was edited on 1/13/26 at 8:13 am
Posted by Pimphand
Member since Sep 2021
4664 posts
Posted on 1/13/26 at 8:46 am to
quote:

ETA: Really debating trading in some silver eagles for a gold eagle or riding this out to see how high it goes.


I'm not here to give financial advice but it all depends on your goals.

If you want to reduce encumbrance and volatility then swap just note you may be missing potential if not probable gains as silver continues to play catch up to the historical pre-financial derivative credit bubble ratios.

If you want to reduce encumbrance but are ok with the volatility then I would swap to platinum as it has the same ratio catch up play that silver does and is more likely to keep pace with silver if not in some cases outperform.
Posted by TigerDoug
Lees Summit
Member since Mar 2017
831 posts
Posted on 1/13/26 at 9:21 am to
Bidding on some platinum coins in several auctions. Trying to add more platinum. I have several of the bi metal coin that's gold and platinum. About .25 oz for each metal.
Posted by TigerDoug
Lees Summit
Member since Mar 2017
831 posts
Posted on 1/13/26 at 12:21 pm to
Has anyone purchased ruthenium or rhodium? What are your thoughts on these metals? This auction I am looking at has a lot of unique metals I don't see often on other auctions. They have platinum, palladium, ruthenium, rhodium and of course gold and silver.
Posted by Pimphand
Member since Sep 2021
4664 posts
Posted on 1/13/26 at 1:54 pm to
quote:

Has anyone purchased ruthenium or rhodium?


I have many ruthenium plated coins but if you are going to go that route I would recommend going to Merrick Mint as those are gorgeous pieces.

As far as rhodium goes back when I was looking at it the per oz price was $15k and it promptly went off the cliff down to $5k I see it's back to $10k but yeah glad I didn't pull the trigger there and instead opted for platinum.


This post was edited on 1/13/26 at 2:11 pm
Posted by Pimphand
Member since Sep 2021
4664 posts
Posted on 1/13/26 at 2:15 pm to
Posted by TigerDoug
Lees Summit
Member since Mar 2017
831 posts
Posted on 1/13/26 at 2:21 pm to
Appreciate the information. This board has been very helpful..
Posted by Hangit
The Green Swamp
Member since Aug 2014
46198 posts
Posted on 1/13/26 at 2:39 pm to
quote:

silver continues to play catch up to the historical pre-financial derivative credit bubble ratios.


Some of the videos I am watching say GSR hit 124. It was in the low 90's not that long ago. Yesterday it was 58. This morning it was 55. Now, it is 52.8.

I have been trying to come to a target to trade my small stack of silver for an even smaller stack of gold. I figure swap even with a small premium/loss by me, no blood, no foul, go home. I was sooooo wrong.

Trading silver for gold is viewed by the IRS as a taxable event. They consider that you sold your silver for whatever value in gold you got, and owe them 28% of the difference between that number and what you paid.
Posted by Lsut81
Member since Jun 2005
84279 posts
Posted on 1/13/26 at 2:59 pm to
quote:

I have been trying to come to a target to trade my small stack of silver for an even smaller stack of gold. I figure swap even with a small premium/loss by me, no blood, no foul, go home.


Out of curiosity, why would you do this? Def a novice, but Gold seems to be moving a lot slower at this point and the upside potential of Gold seems minuscule compared to Silver.

I mean, look at today. Gold up .34% and Silver up 3.3%
Posted by Hangit
The Green Swamp
Member since Aug 2014
46198 posts
Posted on 1/13/26 at 3:12 pm to
quote:

Out of curiosity, why would you do this?


Great question, 81. Throughout history, the GSR has remained fluid. It has been in single and triple digits. It will get low, then go back up. If it hits single digits, I will trade. Then, when it gets back to 40-50, I will trade back.

This is all contingent on me living that long.
Posted by cadillacattack
the ATL
Member since May 2020
10256 posts
Posted on 1/13/26 at 3:25 pm to
quote:

Great question, 81. Throughout history, the GSR has remained fluid. It has been in single and triple digits. It will get low, then go back up. If it hits single digits, I will trade. Then, when it gets back to 40-50, I will trade back.


The GSR swap is an element of my strategy as well ….

Posted by Pimphand
Member since Sep 2021
4664 posts
Posted on 1/13/26 at 4:16 pm to
quote:

Trading silver for gold is viewed by the IRS as a taxable event. They consider that you sold your silver for whatever value in gold you got, and owe them 28% of the difference between that number and what you paid.


What they say you should do and what you actually do are two different things.

Most coin shops will only worry about the IRS in cash events which in kind transfers usually do not trigger.
Posted by Hangit
The Green Swamp
Member since Aug 2014
46198 posts
Posted on 1/13/26 at 5:28 pm to
quote:

Most coin shops will only worry about the IRS in cash events


I am patiently waiting for DJT to do away with the IRS. He keeps saying it's coming. It will be a game changer for me, selling old stocks that have gotten fat, etc.
Posted by TigerDoug
Lees Summit
Member since Mar 2017
831 posts
Posted on 1/13/26 at 8:13 pm to
Silver just went over $90 an ounce.
Wow!!
Posted by beaverfever
Arkansas
Member since Jan 2008
35845 posts
Posted on 1/13/26 at 8:42 pm to
Liquidity is starting to pour in right now too. Platinum and btc up big. The real tell for liquidity that I’ve noticed is when the btc proxies randomly start ripping before btc actually does. Massive volume and green candles for MSTR the last two days.

All that to say, it’s a good time to own hard assets.
This post was edited on 1/13/26 at 8:45 pm
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
21193 posts
Posted on 1/13/26 at 8:57 pm to
Posted by beaverfever
Arkansas
Member since Jan 2008
35845 posts
Posted on 1/14/26 at 6:06 am to
quote:

I wouldn't be surprised to see 10k palladium within a decade.

I assume this thesis is predicated on palladium outperformance relative to platinum? If so, I'd be curious to hear your thoughts.

Anyone who has an opinion on palladium vs platinum or how you might allocate to a portfolio of each, please share. I've started to buy platinum and I own SPPP for what it's worth. SPPP is a roughly 2/3 platinum, 1/3 palladium.

Everything I read makes palladium sound like it's basically a bet on ICE vehicle production but I know with hard assets there is usually more to it than you'll find in the average article online.
This post was edited on 1/14/26 at 6:07 am
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