Welcome to General Chat - GAW Community Area
This General Chat area started off as a place for people to talk about things that are off topic, however it has quickly evolved into a community and has become an integral part of the GAW experience for many of us.
Based on its evolving needs and plenty of user feedback, we are trying to bring some order and institute some rules. Please make sure you read these rules and participate in the spirit of this community.
Rules for General Chat
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Be respectful to each other. This is of utmost importance, and comments may be removed if deemed not respectful.
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Avoid long drawn out arguments. This should be a place to relax, not to waste your time needlessly.
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Personal anecdotes, puzzles, cute pics/clips - everything welcome
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Please do not spam at the top level. If you have a lot to post each day, try and post them all together in one top level comment
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Try keep things light. If you are bringing in deep stuff, try not to go overboard.
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Things that are clearly on-topic for this board should be posted as a separate post and not here (except if you are new and still getting the feel of this place)
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If you find people violating these rules, deport them rather than start a argument here.
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Feel free to give feedback as these rules are expected to keep evolving
In short, imagine this thread to be a local community hall where we all gather and chat daily. Please be respectful to others in the same way
Rules For the rest of the Site also accessible on the sidebar.
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Who are these people?
I am not sure who is complaining about $50 silver being sold at 50% off, but out here in Australia we can sell the silver at $46 to the bullion dealers.
Oh and i think plenty of patriots would love to gobble up silver at $26 or every $30 if some one tries to unload it.
And no the powerful people are not trying to implode silver. Their ability to keep it shorted is getting harder and harder, which is all linked to every other aspect of the controlled demolition.
And in a free market silver would be trading much higher and we still aren’t there yet
If i didn’t know better, i would have said that this rant is by someone who feels like they missed out of the silver bull run.
the reverse... people who have kept silver is all trying to sell at the same time and it will not support so the buyers of silver are turning away people in hoards and now silver bars, 90 percent, and such is flat out not being bought from people.
I go to stores and ask questions a little. I still buy, but I always buy to collect and get off types of stuff. Called collectible silver or higher end silver. I dabble in numinmatics and that also is going down in cost for end users.
So the refineries and stores are not buying from people who waited to see 50 dollar silver and they are getting turned away. This could cause new markets for those who want to gobble up cheap silver from other citizens... not the stores but if stores have those unwanted things now they too will sell off at a loss or they will hold onto it to.
look the other way.. they changed it on silver.
Have you tried https://www.jmbullion.com/ ?
I do not buy to ever sell. I buy things and laugh at the thought of my kids shaking their heads and saying WTF.... for instance I will buy over priced silver that is art and it has weight value and collectible value--ie 2024 Cook Island $25 Ultra High Relief Iron Knight 5 oz .9999 Silver Proof Coin... then I will also get a ms68 2025 USA Penny along with something like a 1909-s VDB graded penny.
some can not understand there is a value in numismatic pennies and also a market for high relief silver art... in reality Silver bullion itself is a niche market.
what I do is I will sell occasionally to local coin stores around the state and I have only been turned away once but the next place bought it.
Gold is going to always be safe no matter the way we have it physically just that jewelry is the worst type of gold to have.. minus those weight necklaces, but those places skim off of the miniature percentages of gold while making that to re-sell.
There do seem to be a significant number of people doing mass dumps of their stock. Not sure why or what price they might be getting for it. Maybe they just aren’t solvent?