Do you buy rounds, coins , old circulated coins , bars ? I have some of each , (no bars), and some mining stock that has gone up 275% since 9-22. HYMC.
Back in my prepper days, I purchased a lot of silver at the 1 ounce coin denomination. In the event shit when tits up, I would be able to use a coin of silver in order to purchase food and order items if needed. However, I also like bigger bars and so I purchased 5 ounce 10 ounce and 20 ounce bars as well. I currently have around 250 ounces of One oz silver coins. Around 80 ounces of 2 ounce coins. 120 ounces of mixed five and 10 ounce bars, and 2x20 ounce candy bar style. I now sit and watch. The madness unfold. At this point, it doesn’t matter what variation you hold, any silver you hold is good.
Congratulations on HYMC,I had some years ago but sold it. I'm doing good on the others. I would buy bars or rounds that had the lowest premium. Also it a good time to buy junk silver ( pre-1965 us coins)if you can get a good price. Local shops can't sell now to refineries so some are selling it cheep. That should change in the future. These coins are .925 silver,they are not a full ounce.
I have 15 shares of HYMC! This year has been very good for us silver stackers. My only regret would be being 98% in physical and 2% in miners and missing out on a bit of that leverage but hey I don't trust the markets
What if I want to sell? I have 250oz. and would like to know where I can sell it. I'm not planning on selling it now but I'd like to know how in the future.
Best bet is a co worker or friend at spot or slightly above but less than a dealer charges, when things normalize you deal should be selling at spot at your local dealer. Or sell back to one of the big online dealers,they all do it.
Not a good time to sell,now that silver is in backwardation or close to it,the refineries can't hedge silver when they buy it,so they are cutting way back,they are not even buying 90%. In a normal market you can sell at spot,but dealers are afraid of a price drop so they are offering less. Soon the big dealers will be out of silver to sell,and local dealers will have to pay more..... I assume.
I'm buying mining stocks and calls right now,as I can buy and sell them a lot quicker and easier.
What are you doing for options? GDXJ calls have been good to me. I've thought about taking a gamble on AGQ calls but they're pricy. Feb 26 calls are $1200 a contract, implying a 25% upward move. I own a ton of AGQ. (2X return) I'm short Microstrategy, NVidia, Palantir, and bitcoin. My only reservation is all stocks get caught up in a broad selloff regardless what they are and we're set up for a big one. Options are a good way to get caught with your pants down. I'm going to start taking 50% of my profits and buy more Eagles.
Genius. I've got the shares to do it. I rebought at $100 and it's sitting at $155. It's a gamble but I like rolling dice. Thanks ape! Stack on broseph.
Silver can double or triple in the next 6 months.
If anyone wants to buy,I and others here can give buying tips.
Do you buy rounds, coins , old circulated coins , bars ? I have some of each , (no bars), and some mining stock that has gone up 275% since 9-22. HYMC.
I'm a good learner.
Back in my prepper days, I purchased a lot of silver at the 1 ounce coin denomination. In the event shit when tits up, I would be able to use a coin of silver in order to purchase food and order items if needed. However, I also like bigger bars and so I purchased 5 ounce 10 ounce and 20 ounce bars as well. I currently have around 250 ounces of One oz silver coins. Around 80 ounces of 2 ounce coins. 120 ounces of mixed five and 10 ounce bars, and 2x20 ounce candy bar style. I now sit and watch. The madness unfold. At this point, it doesn’t matter what variation you hold, any silver you hold is good.
Daaaaaaang.... You're a high roller! 🎲🎲
Nice job Mr. Prepper!
I prefer coins for the same reason. I don't want to keep too much or spend it too blatantly because things get dangerous in desperate times.
Sounds like my variety, though a tad bit more.
I love HYMC my only regert is not buying more at $2 a year ago
BHLL is getting ready to open. I got at 15¢. Still a great deal
Congratulations on HYMC,I had some years ago but sold it. I'm doing good on the others. I would buy bars or rounds that had the lowest premium. Also it a good time to buy junk silver ( pre-1965 us coins)if you can get a good price. Local shops can't sell now to refineries so some are selling it cheep. That should change in the future. These coins are .925 silver,they are not a full ounce.
I have 15 shares of HYMC! This year has been very good for us silver stackers. My only regret would be being 98% in physical and 2% in miners and missing out on a bit of that leverage but hey I don't trust the markets
👍
My advice: buy whatever you can get that is available in stock now. Rounds are typically cheaper than sovereigns and bars are cheapest.
I think we’re looking at a true shortage as soon as the paper market finishes killing itself (very, very) soon.
how soon? days or months? what will happen just before?
Paper market (aka manipulation via ETFs like SLV)
IS DEAD!
Nobody believes they have the metal (because they don’t).
I think there will be a pull- back. I also think CFTC will stop the buying (like in 1980). But it will fail.
Get physical, buckle up, end enjoy the G-forces.
Are orders still going thru? I got myself some from jmbullion a bit back. Curious where others are buying. Appreciate all feedback and tips
They still have inventory for now. SD bullion and apmex are the other most popular.
What if I want to sell? I have 250oz. and would like to know where I can sell it. I'm not planning on selling it now but I'd like to know how in the future.
Best bet is a co worker or friend at spot or slightly above but less than a dealer charges, when things normalize you deal should be selling at spot at your local dealer. Or sell back to one of the big online dealers,they all do it.
E bay is also good if your are into that.
How about selling tips? Why would anyone buy at these insane rates?
Not a good time to sell,now that silver is in backwardation or close to it,the refineries can't hedge silver when they buy it,so they are cutting way back,they are not even buying 90%. In a normal market you can sell at spot,but dealers are afraid of a price drop so they are offering less. Soon the big dealers will be out of silver to sell,and local dealers will have to pay more..... I assume.
I'm buying mining stocks and calls right now,as I can buy and sell them a lot quicker and easier.
Nowhere near done. Most controlled asset. I will be shocked if it doesn't hit $400.
Just broke $70
https://www.reddit.com/r/Wallstreetsilver/comments/1pteub5/report_from_the_field_for_friday_december_19_2025/
Here is a good report from the field from a local coin/ bullion shop.
What are you doing for options? GDXJ calls have been good to me. I've thought about taking a gamble on AGQ calls but they're pricy. Feb 26 calls are $1200 a contract, implying a 25% upward move. I own a ton of AGQ. (2X return) I'm short Microstrategy, NVidia, Palantir, and bitcoin. My only reservation is all stocks get caught up in a broad selloff regardless what they are and we're set up for a big one. Options are a good way to get caught with your pants down. I'm going to start taking 50% of my profits and buy more Eagles.
Sell calls covered by your shares?
Genius. I've got the shares to do it. I rebought at $100 and it's sitting at $155. It's a gamble but I like rolling dice. Thanks ape! Stack on broseph.
Thanks ape - I’ve been taking the mining stock covered call profits and turning them into physical for a few years now - if we hit $250 I’m retiring 😁
I'm bought calls for March on HL and Paas. Ive bought and sold several times since last spring.