We have known for DECADES that the precious metals price has been suppressed. We long for the day that the words from Q come to pass….Gold Shall Destroy Fed. Q. But the price is being pushed down again and again and again and while they are using petrodollars, it will never happen. Many have given up. But hang in there!!! It won’t be the SPOT price that will soar….it will be the PREMIUMS and that is happening NOW!
The BRICS NATIONS are buying up huge amounts of Gold and Silver and have been for years. It is these nations that are in the beginnings of putting their countries BACK ON THE GOLD STANDARD. The days of printing money are screeching to an end and there are many triggers like, when the US $ loses its position as the worlds reserve status . When there is a financial crash. When Moscow Exchange gains credibility. Crashing markets. For EVERY 1 oz of PHYSICAL SILVER there is 250 PAPER ounces. So if you try to cash in your paper silver and you want to trade that 1 oz of paper silver and exchange it for 1 oz of PHYSICAL SILVER, you have 250 people vying for that ONE OUNCE OF PHYSICAL SILVER. Watch this - very good explanation.
Goto r/ wallstreet silver and read the DD post. The place is very based for reddit. A lot of us are over their. Registered silver when from 149 million oz to 34 million in the last year and a half....
Anyone have questions I should be able to answer them,I've been stacking a long time.
I'm sure we've run into each other over there fellow Ape!
Agreed with all you've stated. I've been stacking for 2 years and playing an aggressive game of catch up.
I'm sure, we have had some interesting vax disscution lately. People over their are more red pilled,in some respects than we are.
We have a big silver raid on the 5th of November planned if anyone wants to buy silver at that date,it would be helpful.
Perfect - just zero'd out my bullion card... I'll shift funds from fiat savings (soon to be worthless) and pull down 250+ oz on 11/5.
LFG Apes!
Can you help out shrimpfriedrice please. 😀. They are asking where do I buy mine but as I live in Australia- but I hold Scottsdale - depending on his location - they might need to know a reputable dealer and if they have stock. Very good video by Andy Schectman. Thanks. I know of wallstreetsilver. I think 45 has a finger in it somehow. But that’s just me 😁
All the big dealers are fine jm bullion, sd bullion and a little more expensive apmex
I like Ampex for buying my silver, My sister likes JM Bullion. I find better prices on Ampex. I'm trying to do catchup too. My stocks are all losing so it's my only hope to eventually retire. I'm already past the not early retirement date. Hope I can retire by 70 wth unless silver takes off in the next year or 2.
1 oz of silver buffalo, a set of 20, how much should I be paying for that?
Thanks for your time.
I'd say between $500 - $520 prior to tax/shipping. This is based on the premiums floating out there. Take the premiums out of the equation and you're looking at about $390 - $400 worth of silver.
Lowest premium I could find per oz online right now was +$4.40 > bringing that to around $480 - $485 ($20 less than the "going rate" originally stated)
Higher volumes tend to drop premiums too, but, I've seen some weird shit in the current market... when you barely save any money on premiums when buying 100oz bars. Just 1 year ago you could get the premium down to about $2/$2.50 if you bought at the right time.
That is very helpful, thank you!
The gold and silver belong to God. We’re about to see that God is in control of the great reset.
I often think about that; I’m holding something that God has created with His Hands to provide for us and our loved ones outside of the manmade systems.
That is a shocking ratio.
I remember when it was double digits (low) but that was horrendous then. You may as well throw it on a fire. If I had paper I’d be lining up now and demanding the physical now. Not many backed by the physical. You’d be lucky because the above ground silver - watch the video - is becoming very scarce and waiting lists are growing.
I personally don't have many local coin shops around (and the weekend markets charge INSANE premiums). So I like to buy from Apmex.com ... not the most exciting selection out there, but, I have my "fun" pieces (including 100+ oz of each Q variant coin and a WallStreetSilver sculpture).
I by in increments of about 100 oz IF the deal is really good (look to buy as close to spot price as possible). OP is right, Premiums are skyrocketing. Even a "good deal" these days will hit you with a $5 - $6 premium PER OZ.
To fight this rise in premiums I applied for the Bullion Card from Apmex. I watch for the best deals possible and buy as much of it as I can. Using the Bullion Card gets me 4% back on the total purchase price (including Premium). This basically shaves $1 per oz off the price and that 4% builds up. My goal is to build up enough smaller purchases incrementally, using the bullion card, to cash in the points for a "free" 100 oz bar when it's on a nice discount.
Other places I've purchased from = ProvidentMetals, GoldenStateMint, an JM Bullion. Other than that it's been smaller/collector type stuff.
And if you think 1 oz :: 250 paper oz is a bad ratio? Try a 1 to 1,000,000+ ratio when it comes to GME shares!
But having physical silver is entirely different. If shit goes sideways, having a billion dollars in GME value will be meaningless - this will buy you a loaf of bread. Where a safe-full of silver will buy you an island.
That is correct.
Ironically my last shipment was exactly 3 kilo bars.
As for the Q coins - I buy them the instant they go on sale. They sell out in minutes.
I save up and buy 10 at a time of 100 oz when I can. They set it inside the door and I have to get one of my kids to come over and move it.
I’m in Australia but there would be many on here that could advise. I love Scottsdale- they’re in Arizona, but the thing is to find a dealer - a reputable dealer - near where you live so you can ring them, ask them if they have stock to what you are wanting - maybe leave a deposit - drive to the location and pay cash and walk out with it in your hand. Now. In Australia if we buy over $5,000 at once, the tax office wants details and over the years I stay under that but if you go with say your wife, you could put it thru in one transaction and your wife in another. That might not be the case and it might not be the same criteria in each state, but check. When you buy it, keep it quiet. Treat it like having cash in the house. No one, not even family need to know. We have ours at easy reach- but not in a bank. God Bless.
Great advice.
Very new to stacking, how much should one be aiming to own? Like what is the difference between “you need more” to “ that’s ok” to “yea you’re in a good place”?
It depends on your faith in the govt. Over time silver and gold have maintained value,and all fiat go's to zero....
I'm about 1/2 silver and half stonks myself.
Are you all storing in a depository or offsite from you home? I’m just really worried about access when SHTF. I’m safe in my neighborhood but I don’t know how to do it at home. Been reading up on this, but nothing seems safe at home.
Two words. Floor safe.
I’m on a slab friend
All basements are. Do some research.