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84
Putin announces new BRICS global reserve currency project to REPLACE the petrodollar (gospelnewsnetwork.org)
posted 3 years ago by Ehjax78 3 years ago by Ehjax78 +84 / -0
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– MatildaJ 2 points 3 years ago +2 / -0

Many on here have been saying to buy Silver or Gold, including myself. People will come back at you and say, but the price of Silver/Gold has not risen, it’s is still the same and they are still keeping the price down. Yes! But something has happened. The PREMIUM has gone up. Let me use the price of Silver in Australia as that’s where I am. The price of 1 x oz of Silver is around $30.00 Aust. It goes up to $31.00, then back down. As I write this it’s around $29.57. If I go to my local bullion dealer, for a 1oz silver coin (2022 Kangaroo) it will cost me $43.00 BUT I have to buy 10. I used to be able to buy 1. If I want to buy a 2022 Year of the Tiger 1oz coin - no difference in quality to the 1oz Kangaroo - BOTH 99.99 oz silver, that coin is going to cost me $64.00. Once again I have to buy 10. While some may say that’s because it has a Numismatics value and you could be right, but if I took that Tiger coin back to the dealer, I get no more than taking back the Kangaroo. People that have missed buying at around $5-8 over spot ($30.00) now have to pay $43.00 BUT they have to buy 10. So to get yourself into Silver, instead of outplaying $43.00 you have to pay $430.00. Now this is where it gets interesting. You can buy x 1 oz on eBay and I have always said don’t, buy from a reputable bullion dealer, but some of the dealers are selling there as the market changes and evolves. Just make sure those you buy from have a extra, extra good feedback score!! If they want to keep selling x 1oz silver instead of 10 like the bullion dealers then their feedback has to be impeccable. So I did an experiment. I put up a 2oz silver coin to see if I could open another stream if SHTF or things get tight. In no time that 2oz coin sold for $130.00. I’ve noticed that some are asking way over that. If you want to start stacking you need to find a reputable dealer where you can go in and purchase 1 or 2 coins (oz). As long as it is stamped clearly with either 999 or 9999 then start stacking. Forget about limited mints where the mint/dealer has only minted up 5,000 oz. or whatever. You are not going to get ahead if you pay a premium because of a less minted coin. There are lots of bullion dealers in America. I love Scottsdale. But there are many others. Shop around and yes, look on eBay but be careful. Don’t forget to add postage onto the price of the coin/s. Putin has signalled that only GOLD and their Ruble will be able to purchase from them. Watch the BRICS nations follow. We wondered how it was going to happen and now we know.

GOLD will destroy the Fed. Q

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