Buying gold & silver?

Skunkworks · 28 Dec 2025 at 04:20

Toward the end of 2020 I saw the writing on the wall with the Covid reaction and would need to be more inflation-proof. I think gold was ~1700/oz when I bought. Pretty happy with that decision.

Lord-Jaffa · 28 Dec 2025 at 09:32

casper_uk said:
Interesting information, was just out of interest really so thanks. They don't half make a healthy profit on it though (over 50%). A 1oz Silver Maple for example goes for £59.04 when they take it off your hands, but it's £90.96 to buy from them!

Silver Forums UK has tons of dealers and personal collectors, zero issue selling and buying on there (currently selling for 70-75 an oz of silver).

aardvark · 28 Dec 2025 at 12:37

Lord-Jaffa said:
Silver Forums UK has tons of dealers and personal collectors, zero issue selling and buying on there (currently selling for 70-75 an oz of silver).

Interesting, just joined. Looks like most sell very quickly.
Do people just work out the payment method bewteen themselves?

radderfire · 28 Dec 2025 at 13:50

More on the developing silver shortage below.

Industrial consumers of silver are:
- solar panel producers, biggest consumer
- then tech industry, e.g. samsung, nvidia, 12-15% of consumption
- then car manufacturers, each car has 0.8-1.6 oz of silver

silversurfer · 28 Dec 2025 at 14:30

Bloody British Bloke. He does say he isn't selling at present which I understand, a long term player like this has already sold and bought multiple times over the years plus he is rich not leveraged is my guess so he doesn't have to do anything its all gravy.

Gold Miners have failed to keep up with gold

Gold Mining stocks have not performed as well as they should have in the light of the rising gold price. When the gold price increases, the share prices of gold mining companies should increase faster.

www.linkedin.com

My main take this whole year is mine production lags market price, the average is what they capture and mining reserves remain undervalued imo. At 28mins or so he says roughly that

radderfire · 28 Dec 2025 at 15:20

silversurfer said:
My main take this whole year is mine production lags market price, the average is what they capture and mining reserves remain undervalued imo. At 28mins or so he says roughly that

Silver is a by-product of other metal mining, which makes it more difficult for miners to match demand.

tangey · 28 Dec 2025 at 16:29

radderfire said:
Silver is a by-product of other metal mining, which makes it more difficult for miners to match demand.

This. All the biggest producers of silver are actually Copper miners. So their drilling and ore extraction first and foremost targets the best copper seams.

tangey · 29 Dec 2025 at 14:27

Some swing on silver this last 15 hrs. When silver market opened it went up over 5% in the first hr or 2, to $84.25, and now as I type this it's $72.50, down 14% from that high.

radderfire · 29 Dec 2025 at 15:29

tangey said:
Some swing on silver this last 15 hrs. When silver market opened it went up over 5% in the first hr or 2, to $84.25, and now as I type this it's $72.50, down 14% from that high.

The price went down because COMEX increased margin requirements, which will have forced sales by anyone that couldn't meet the new margin requirements.

tangey · 29 Dec 2025 at 15:42

radderfire said:
The price went down because COMEX increased margin requirements, which will have forced sales by anyone that couldn't meet the new margin requirements.

Gold is also down 4.5% as I type.

200sols · 29 Dec 2025 at 17:36

Extreme volatility is more likely in euphoric markets.

radderfire · 29 Dec 2025 at 18:37

You can now expect volatility in the silver market because it is a price discovery process taking place, after the longstanding suppression of the silver price is coming unstuck.

bainbridge · 29 Dec 2025 at 20:47

Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.

Raymond Lin · 29 Dec 2025 at 20:49

Suddenly a couple of videos about Silver / China pops up on my feed. Interesting (expensive) times ahead!

Chrisc · Tuesday at 13:10

radderfire said:
Silver is a by-product of other metal mining, which makes it more difficult for miners to match demand.

i genuinely didnt know that,

DJMK4 · Tuesday at 13:19

I would love some gold

Chrisc · Tuesday at 14:05

DJMK4 said:
I would love some gold

Buy some fractional 1g / 2.5g gold.

DJMK4 · Tuesday at 14:08

Chrisc said:
Buy some fractional 1g / 2.5g gold.

Maybe i will

tangey · Tuesday at 14:22

The attempts to deflate the silver market by increasing the margin required for options doesn't seem to have had anything but a transient effect. Silver is back up to $79 as I type.

Chrisc · Tuesday at 16:24

tangey said:
The attempts to deflate the silver market by increasing the margin required for options doesn't seem to have had anything but a transient effect. Silver is back up to $79 as I type.

im currently sitting on around 40oz, im just a bit hesitant to buy any more at the minute.