i had bought silver coin bags from JMB for years so i looked to see what they have today and they have none, zilch, nothing... people musta cleaned them out when it went below $15
Posted on 08/15/2018 8:04:39 AM PDT by NRx
Absolutely brutal. Great graphic. Extremely informative.
We are doomed.
There is far less demand for silver nowadays since photography is digital.
Mining companies might want to mint one ounce silver pieces that people could use as currency.
To Buy silver or no??
I thought one of those silver experts predicted $200/oz. on that commercial?
William Devane needs to renegotiate his contract with Rosland Capital if the price keeps dropping.
Dip them in chlorox to remove the fungi.
O.K., here is the reality from an Economist. Don’t laugh s I am a free market economist.
While it is possible to make money investing in gold and silver in the short term. The longer term value of gold and silver is:
The cost to mine, refine, and market it; plus what may be an acceptable profit margin. Keep in mind that in the shorter term, due to fixed costs, that acceptable margin may actually be a loss.
REALLY smart speculators might make high profits in trading these or any commodities, but that can also suffer huge losses; something marketers don’t emphasize.
In the end, precious metals are not a good long term investment. The Hunt brothers proved that decades ago, and where are all the people who said gold was cheap at $1,500 - $1,600/oz?
“where are all the people who said gold was cheap at $1,500 - $1,600/oz?”
They’re touting crypto currencies.
If the dollar keeps going up, we will see the price approaching $12.
It will keep going until it doesn’t.
i had bought silver coin bags from JMB for years so i looked to see what they have today and they have none, zilch, nothing... people musta cleaned them out when it went below $15
Well....gold has not been used much in industry ......in the past...not like silver.....But 2 days ago there....was an article..suggesting gold the only applicable material for...long term 3d printing error identification...and that article.....is appears to have Vanished.....I cant find it....will post if I do....have You seen it?
Gold making new highs!!
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