by theluckycountry » Wed 17 Dec 2025, 05:33:38
Well that was nice, Silver breached $100/oz here today, settling back $99.5
I added several dozen kg to my stock back in 2021 when it was around $27/oz. That seemed... Expensive back then, but that was just a subjective opinion. They came packed in Black plastic boxes of 21 kg in 3 layers of 7 bars. I carried each away from the shop in a dirty old backpack, trying to look nonchalant as I made my way back across the main road to where my car was parked. 21kg is like a bag of cement! No need to tell the world about this sort of investment, here on an anonymous forum, sure. But the government and family don't need to know.
I recently bought two new sets of motorcycle tires, good brands, over $700 fitted per pair. I didn't squawk about the price because I understand inflation and the cost of shipping across the ocean. This is to be expected in a world of diminishing resources. Silver and Gold's seemingly rabid price increases are a part of this too. One day I may have to sell some silver to fund my lifestyle? If so I won't be crying because that was it's purpose all along. There may appear to be many ways to save for the future but in reality there are only two. Private wealth you physically own and control, and which has no counter-party risks associated with it, and everything else, which is tied in some way to the government, to the banks, and to wall street.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.