Silver up again in after hours trading 23 an ounce.

Bullshit! It hasn't hit 23 according to kitco...

Well CNBC must be a total fraud then...silly me,,I knew there was a reason they pulled CNBC off the air and replaced it with kitco..

Silver futures on the comex did briefly pass $23 @approximately $23.20.
It looks overbought for the remainder of the session, but expect tomorrow to be a continuation. I’m going scalping!
Trump announcing a new appointee that favors the gold standard may be what precious metals need to maintain.
However, longer term time frames suggest exhaustion is due soon, so prepare for a possible pullback to support before re/investing..

The pandemic caused a lot of the mines to close. However a lot of the industry was also shut down so there was less of a demand for the silver.

But now things are opening back up especially in China and they need silver for production. The mines are still not open and so there is a shortage.

You also of course have the entire instability and untrust in this economy that is going to drive people to precious metals. Those that can't afford gold will be drawn towards silver. There has been manipulation and price suppression for so long that once they lose control of that it's going to be hard to keep this thing from skyrocketing.

It's going to be quite a ride however the real question is when to exit before it inevitably corrects. I'm thinking triple digits personally.

Wow kitco just crashed for me

Here's your bull run!!!!!







[link to i.imgur.com (secure)]

WE RIDE AGAIN!!!!

This just means Trump is crashing the dollar and somewhere Putin is smiling

Wonder how many is selling in this run......physical is getting harder to find.....

Good post, are all the precious metals on the up? could indicate something worse coming no?

Silver to $100!

This is just beginning. On Saturday I predicted, from Fridays trading action, that we'll hit 25 before the end of the month. So far it looks like I'll be right again. It's on its way back to 50 and beyond. Buy now. Don't wait. Very soon there will be none to buy.

Constitutional money baby!

Judy Sheldon the gold standard lady

You can not eat silver at any price

YEEE HAW!!

WE RIDE!!!

really is it back to $49 like in 2011 yet?

December.

I think silver will outperform gold in the near and long term. Silver is used for most high current electrical devices like automobiles, DC/AC inverter systems and solar panels.

The demand for silver will exponentially rise over the next decade.

I bought my silver when I noticed JP Morgan buying vast amounts of bullion.

The world is going into a completely new paradigm, and silver is part of that paradigm with battery powered electrical systems.

Once the new solid state batteries debut that will allow rapid expansion of electric based products to be practical for almost everything, silver will explode.

You heard it here on GLP LOL

Very well said.

Silver is the most conductive material. It's used in practically all electronics that need efficient transfer of energy. The owner of one company that supplies silver to Samsung was on a podcast and he said that Samsung refuses to tell him how much silver they use annually in their electronics. It's a lot and they are extremely vulnerable to very wealthy investors coming in and buying up too much of the physical metal.

It has an unbelievably tiny market cap compared to gold and really anything else.

There really is no direction for it to go except for up, and yes I also believe it will outperform gold.

The fear factor is rising apparently.