Posted on 05/19/2023 2:21:09 PM PDT by nickcarraway
No...counterfeit 999 fine silver rounds (Canadian Maples, US Buffalos, SA Krugerands, etc) which typically sell for a premium. The latest Chinese fakes are very hard to detect.
Jm bullion doesn’t even have an physical address on their website
I thought the new gold was platinum.
Or maybe palladium.
I bought 16 100 ounce bars primarily as a tangible asset in case for an Armageddon scenario about 15 years ago at a bit over $10.00/oz. It sat at the $15-$18 mark for quite awhile but has been going up recently to a close of 24.02 today.
I bought $15k in gold eagles as soon as I saw Bush Jr was heading to war with Iraq. This was months before the war and I could swear I only paid $218 an oz. But looking at the gold charts it doesn’t show it ever was that low around then. Anyway I made a quick bundle of money because gold shot up but I sold way too early. Even my coin shop lady tried to dissuade me from selling because she was sure it was headed higher. But I needed the cash for a house.
Personally I think silver should be closer to $50 today. Don’t know why it’s lagging behind the rise in other metals. Anyway the relatively small amount of silver I hold is more of an insurance policy in a shtf scenario.
I’ve bought from them more than once and they have my confidence.
Use cash
Ah. Thanks.
The problem is always gonna be how to get value for your silver...too many folks want a premium for it, even the junk.
Our coming currency is going to be backed by gold and silver. That’s when you are going to see both skyrocket. Not one minute before.
The big banks hold all the silver shorts. They totally control the price.
That’s when Dad & I bought. It’s been a fun ride! ;)
Where do I get those bags of junk silver coins? I’d like to add silver to my portfolio of lead, brass and copper.
start with:
https://www.google.com/search?q=%22junk+silver%22+price
compare prices and reputation of sellers ... direct sales from many sellers + ebay + etc.
standard junk are coins with 90% silver
kennedy halves are 40% silver from 1965-1970, priced accordingly ...
Blackrock starting to load up on silver.
SRSrocco Report
@SRSroccoReport
BlackRock Takes Big Stake In Sprott Silver PSLV ETF
While BlackRock has held its own iShares SLV ETF in the past, the most were 5.4 million shares during the Pandemic Shutdown.
Doesn’t matter if BlackRock holds onto the PSLV, the Institutional Waterfall buying is coming.
https://twitter.com/SRSroccoReport/status/1659995416887455744
Thanks for the info. Now I’ll check out my Kennedys to see which ones are 1975-1970s.
I’ve been picking up mostly nickels over the years that are 1964 and earlier as I sorted through my loose change.
well, all dimes, quarters, and halves before 1965 are 90% silver
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