A number of coutries levy a VAT tax on Silver bars. (Considered strictly as a"industrial metal").

Example: In my home country, in addition to the bid/ask price, a VAT of 8% applies.That means that a 1kg Silver Bar would have to rise 30% to reach break-even price currently.

Before buying Silver Bars, it is advisable to check if there applies a VAT Tax in your country of residence.

Yeah better to buy shares

1 hour ago, Harrisfan said:

Yeah better to buy shares

Not seen a pure Silver play as far as stocks are concerned. Silver is mostly a by-product of copper mining. Linked to the US$. I'd rather not.

1 minute ago, swissie said:

Not seen a pure Silver play as far as stocks are concerned. Silver is mostly a by-product of copper mining. Linked to the US$. I'd rather not.

Bigger miners pay dividends. That provides a hedge to falls in prices and diversified miners have reduced risk.

This silver boom is overhyped.

5 minutes ago, Harrisfan said:

Bigger miners pay dividends. That provides a hedge to falls in prices and diversified miners have reduced risk.

This silver boom is overhyped.

Yes big miners have a reduced downward risk and limited upward potential. Diversicifation until it hurts. All priced in US$. Unfortunately.

Just now, swissie said:

Yes big miners have a reduced downward risk and limited upward potential. Diversicifation until it hurts. All priced in US$. Unfortunately.

Buy the dips. BHP went from 33 to 50.

6 minutes ago, Harrisfan said:

Buy the dips. BHP went from 33 to 50.

At 50, I would not be a buyer. I hold no more assets connected with the US$ whatsoever.

Just now, swissie said:

At 50, I would not be a buyer. I hold no more assets connected with the US$ whatsoever.

Nor connected to the British Pound.

12 minutes ago, swissie said:

At 50, I would not be a buyer. I hold no more assets connected with the US$ whatsoever.

Everything connects with the USD as commodity prices trade in it.

On 2/7/2026 at 7:39 PM, Harrisfan said:

Everything connects with the USD as commodity prices trade in it.

Unfortunately.

On 2/7/2026 at 7:04 PM, Harrisfan said:

Bigger miners pay dividends. That provides a hedge to falls in prices and diversified miners have reduced risk.

This silver boom is overhyped.

Yes overhyped. But it corrected nicely. At current prices one may want to "nibble" a bit on the cake, as long as the "fundamentals" remain positive.

"Peak buyers" have sold voluntary or were forced out of the market (margin calls).

A classic: "Weak hands" have sold to "strong hands". The stuff "bottoms" are made of.

2 minutes ago, swissie said:

Yes overhyped. But it corrected nicely. At current prices one may want to "nibble" a bit on the cake, as long as the "fundamentals" remain positive.

"Peak buyers" have sold voluntary or were forced out of the market (margin calls).

A classic: "Weak hands" have sold to "strong hands". The stuff "bottoms" are made of.

Looks bearish to me

10 minutes ago, Harrisfan said:

Looks bearish to me

Time will tell. Next 2 weeks.