In another stunning day in the precious metals markets, the silver price surged above the $46 level for only the third time in history as the futures rose $1.26 to $46.66.
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Free PDF Download of The Great Taking
The New Declaration of Independence
AppalachianRenegade YouTube Channel
Free PDF Download of The Great Taking
The New Declaration of Independence
AppalachianRenegade YouTube Channel
State collapse is inevitable when a society’s leaders are insulated from the negative consequences of their bad decisions.
Mike Shelby
3 responses to “Silver Soars over $46 as LBMA Free-Float Craters”
Back in the 90s, I would listen to the talk radio and they would drone about gold prices and how it was the time to buy. Gold was about $500 per ounce. I though the ads were full of it, but now I am wishing I had bought some.
I did buy some silver over the years, mostly at about $18 per oz. It is somewhat tempting to sell at these prices, but then I ask myself, why would I trade a physical asset (in my possession, not paper IOUs) for Uncle Sugar’s fiat bucks?
Having lived long ago in the Age of Silver Money …..
1964 1 paper U.S. Dollar bought 5 gallon of gasoline.
1964 ten U.S. dimes made of 90% silver bought 5 gallon of gasoline.
2025 13 U.S. Dollars for 5 gallons of gasoline (dollars are not stable)
2025 ten U.S. DIMES made of 90% silver buys 12.72 gallons of gasoline (silver is stable)
Now over $47. Was upset when I cashed out a small silver IRA when it was $28 (because I didn’t trust the holder of the coins – there had been stories at the time). Paid 10% penalty to Uncle Scam too. Now they are in my hands along with others and couldn’t be happier. The 90% pre-1965 stuff will likely be the “walking around money” when the SHTF. Never regret one purchase.