"Silver isn't going anywhere; cope! Look at muh tech chart!"
(media.greatawakening.win)
? These people are stupid!
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Just saw WWG1WGA silver coin at JM Bullion.....nice!
Link?
https://www.jmbullion.com/1-oz-qanon-silver-round/
https://www.jmbullion.com/1-oz-deuce-four-skull-silver-round-type-i/
another nice one !
Buyers getting hosed by over spot premiums but try selling and see what they give you. And i like silver.
https://www.sfgate.com/news/article/Lebanon-s-caretaker-PM-warns-of-chaos-as-currency-16005733.php
https://finance.yahoo.com/news/venezuela-introduce-1-million-bolivar-021311895.html
Lebanon currency collapse and Venezuelan inflation close to 3000%...Silver spot premiums are insignificant when inflation hits your country. The Dollar goes down Silver goes up.
I will never ever sell my silver for fiat dollars!!! throwing great money against TP... ;)
This. There's no squeeze on silver (despite what Reddit says) and everyone with physical inventory is charging exorbitant premiums.
Coins that aren't legal tender are the worst bang for the buck, to boot. You end up paying for the artwork but it's only worth the melt value when you sell.
https://news.yahoo.com/lebanons-interior-minister-says-security-200938653.html
Our gov just keeps on printing those Stimulus dollars 1.9 trillion just passed and 4 trillion more being planned. No one is saying convert all your dollars to Silver but it is an inflation hedge and your just foolin' yourself if anyone thinks its not coming. Do you and your family a favor and have a little physical silver on hand fren. Check out Lebanon being locked out of the bank accounts and Venezuela with staggering inflation and tell me it can't happen in your country.
Oh, I totally agree with that stance. I prefer rounds because of the (much) lower cost of acquisition and have bought / kept pretty much every mercury dime I've seen for the last 20 years.
But looking at the Internet price of a rando minted coin as a comparison point of how silver has grown in value over the last x years is logical fallacy. The instant you take delivery of that coin, it's worth $10.99 less than you paid for it.
10 years ago, spot was in the $34 range. Today it's $26. It's not something going to the moon, it's a fairly stable store of value.
I think I'm preachin' to the choir as you already own physical silver....most folks do not. I agree with your entire post and especially "....it's a fairly stable store of value"......I'm sure you already know JP Morgan has already been caught manipulating the price.....have they stopped or did they just pay the fine and kept doing it? $920 Million fine.......so what is the true price of Silver if not manipulated?
https://www.cnn.com/2020/09/29/investing/jpmorgan-chase-settlement/index.html
local shops offering over spot to sellers right now in my area because their supply is drying up.
they are calling old customers trying to buy back silver they've sold
I mean... Wouldn't we expect coins to cost more?
The suppression and drop of the spot price is the same tactic they use on every other stock to get people to panic and liquidate so they can buy cheap and send it to the moon
Sometimes owning stock has been said to keep you up at night lol.....but I sleep just fine having back up silver coins and bars on hand in case the dollar collapses.....I do not see how we can just keep printing dollars without a huge price to pay later.
^^^ this guy gets it
I don't know we have a silver mine in the area that's been dormant for 20 years ? word is it's getting fired back up again. Soon...
New Mexico?
No sir. Owyhee County Idaho.
Is it privately owned? I would like to invest.
Integra Resources DeLamar project. I tried to post a link it wouldn't go thru ?
I looked into where a large portion of the silver is coming from: China.
That means it is the purest of pure silver, right? lol
China is asshoe
Funny, the Pro Silver posts fare well on GAW... but the doomtriot.win is just full of anti silver shills...
WWG1WGA
I'm even looking in another direction... gold and silver-backed stablecoin. Liquidity of Bitcoin, but you own actual gold / silver in a vault in Switzerland if you need physical delivery. Would be good for fiat taking a gigantic crap, plus a backup option for SHTF.
I think the thing that irks me the most about possibly paying with specie is portability and divisibility- a 1oz. coin or round at $25 when you need to buy something worth $19.50. You're not getting five and a half merc dimes back in change... you'll be lucky to get $5.50 in fiat. A crypto with fractional accounting means not getting screwed on rounding.
Only a little silver in my inventory. I guess I missed the boat?. All I have is a bunch of copper covered lead. The good news is I bought it at $ 0.05 each and folks are offering anywhere from $0.50-1.00 each. Who says precious metals aren't a good investment? Good for sale, good for trade and good for zombie suppression ?