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LIVE SPOT PRICES:

GOLD A$5,885.35/oz

SILVER A$72.65/oz

PLATINUM A$2,489.87/oz

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GOLD A$5,885.35 oz SILVER A$72.65 oz PLATINUM A$2,489.87 oz
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Silver at $69.00 AUD

I never though that I'd see silver reach this high. Then last night it crossed that line, just amazing. I thought that it would need a SHTF event to get silver to the $70.00 AUD zone.

SilverBags and 7effect have reacted to this post.
SilverBags7effect

Our ratio proformance to all assest class's is getting a good kick in our favour for silver stackers

7effect and Shaddam IV have reacted to this post.
7effectShaddam IV

It was mid 2020 when it spiked to $40, only to retreat back down to $27 two years later. Those of us who've managed to hold through all of that have come out on top.

Cmon!

SilverBags and Shaddam IV have reacted to this post.
SilverBagsShaddam IV

After sitting in the $22.00 doldrums for years this longer rally seems to have a fairly solid foundation under it. No doubt a correction is coming soon but I doubt it will be a large drop.

SilverBags has reacted to this post.
SilverBags

And a record close for the week, above AUD $70.00.

SilverBags and George have reacted to this post.
SilverBagsGeorge

Who knows but silver seems to have caught the attention of a wider public as an undervalued metal. Judging by the still ridiculous gold to silver ratio, I think we may still have large price increases ahead. 

SilverBags and Shaddam IV have reacted to this post.
SilverBagsShaddam IV

Lets hope so. There are all kinds of black swans coming over the horizon along with obvious disruptors like Englands "no digital ID no Job" mandate. Who know what this will do to all asset classes including metals. 

SilverBags has reacted to this post.
SilverBags

And a record opening this week - ABC bullion charts have silver above $71.00 AUD. Gold is up there too!

SilverBags has reacted to this post.
SilverBags