Old vs. New Reverse
Posted on 02/02/2021 8:24:23 PM PST by blam
Lead and Brass is better than Gold or Silver.
The real problem is that there is no Gold or Silver because those lips-on-a-chicken demonratcommieblmantifaterrorscumpedophilegoatraper have stolen most of it or given it to the iranians (and Not the People).
Yes. Wallstreetbets redditors have repeatedly stated they are not encouraging anyone to buy silver. It’s a media created story.
Bingo!!! And 9 x 19 will be easy pick up. Get .45ACP, .40, .223 & .308 for Barter.
Whenever there is reference to the "U.S. Mint" in any article, it should be followed - every time - by the disclaimer:
"A COMMERCIAL COMPANY NOT IN ANY WAY ASSOCIATED WITH THE U.S. GOVT."
That is all.
Regards,
Silver right now is trading @ 26.77. At the start of the year it traded from $27.50 to $28.
Is anyone frantically trying to buy US dollars? There is a shortage of them if you use the same flawed logic the liars are using here, the nationwide shortage of coins in US circulation for the past year.
There is no shortage in silver. There is a run on numismatic coins and small bars at the moment. But that is small part of the overall silver market.
bttt
bbb
“I just invested a ton of money in Gamestop, but now it’s on it’s way back down because people are buying silver. I’m going to go to message boards and tell people not to buy silver.”
I’m not saying anyone is being dishonest, but this IS the nature of investing. Any advice people give should be looked at with skepticism...including mine!
The game stop thing is done. If anyone is telling you to get back in, they either don’t understand what’s going on or they’re trying to take advantage.
Silver is never “risky” or a bad buy. You have something in your hand and metal only goes up. It might not be the get-rich-quick scheme everyone is looking for right now, but it’s still a smart investment.
In a SHTF situation, are you really going to trade bullets when there are looters and lawlessness everywhere? They will be too precious.
Silver is more rare than gold, more used than gold, but only about 1/50th the price. It doesn’t make sense. Something has to give, eventually. This whole silver thing isn’t about taking all the silver off the market. It’s about shaking the tree and seeing what happens downstream.
Last thing: do you really think the money changers are worried more about a little Gamestop stock than they are the metal markets? I think it’s more likely they are the ones telling you not to invest in silver.
So for 3000+ years, people have been stupid, they don't know the "proper/real" value of silver vs gold. Really? Solomon had his accountants accurately keep track of his gold holdings. He had so much silver that they didn't even bother with that, wasn't worth the trouble. Solomon must have been a fool.
1Ch 22:14 Now, behold, in my trouble I have prepared for the house of the LORD an hundred thousand talents of gold, and a thousand thousand talents of silver;
Silver very much in abundance over gold and valued as such.
Why not some of all of the above?
Ammo prices have greatly outpaced increases in precious metal prices over the last few years. I know people selling off some of their inventory for up to 10 times what they paid for it.
Hey, good for you.
I’ve owned silver and as a hedge, I think it is a reasoned thing to do.
I just see the market as being gamed right now. I wouldn’t feel comfortable buying at the moment, but I may buy some when this nonsense goes away.
Retail depletion is why I purchased a post-IPO silver mining stock yesterday. Retail isn’t going to be returning their physical silver after the price went down. So silver retailers and wholesalers have to refill their stock. Should be good business for the mines for a while.
This $37.00 was reached by artificial means. There were outside forces being brought to bear. I don’t see that price holding in the short term.
I do believe inflation is a concern, so your $209 level isn’t out of the question.
I expect the price to give up $5 to $10 shortly, so I don’t want to buy at this
Artificial peak.
Yeah, I hear ya...
By junk I meant 0.9 https://www.coinflation.com/coins/1946-1964-Silver-Roosevelt-Dime-Value.html
Hold'em like I'm doing until TSHTF.
When one thinks about the price the Hunt brothers drove silver to in the early 80’s of 50 dollars a oz.
Today it should be some where around 200 dollars a oz to reach the same level.
Followed silver for years, and see its manipulation. Spot price is now around $27, but try to find physical silver at that price. APMEX has their products almost 50% above spot this morning. Did see Scott McKay (Patriot Streetfighter) have a show last night with a financial person to discuss silver. Seems the surge in silver on Monday was (at least temporarily) beaten back by the big boys, but don’t know how long they can hold back the flood. Gonna be an interesting ride...
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