Silver hit $20 oz briefly this morning.

[Aichiguy]

To clarify I sold it for $12.60 per oz. more than I paid for it.

 

[PandaBear]

Some think it’s going to sky rocket in value which very well may happen some day. 10 years ago it was up in the 50 per oz range. It has its highs and lows. Problem is most people hear the excitement while it’s high and want to get in while it’s of coarse best to buy while low.

Recently it is some of the stocks that are too big to fail and too profitable to fail, like Amazon, AMD, Tesla, etc. In the last several years it is real estates, and funding tech startups and unicorns. I think we are reaching a point in history where investors are running out of ideas on what to buy (crypto currencies for example), and will throw everything to the wall and see what sticks.

Who knows electricity in Iceland and GPU processing power can be translated into crypto currencies and then into USD hedges?