I've bought a mix of the big silver mining companies AG- first majestic, HL hecla mining, PAAS - pan American. Also USAS and a very long shot junior minor with no production. Juniors are very risky.
Their are also some ETF'S that own a mix you can buy.
According to the AI, the total bullion ratio is 1:9. That changes a bit if you include things like jewelry, industrial demand (which isn't usually recycled) and similar items. Then the amount of all silver that is out of the ground and usable is 1:7.
The fluctuating amounts from other sources and at other times (at least from the Roman empire forward) come mostly from the same fource; price manipulation. If you dig in, you will find that a HUGE amount of that manipulation can be (ultimately) laid on the feet of the Babylonian Banksters (specifically, the Jews, starting from BC in the Roman Empire). Relevant to us, in the beginning of the USA they fixed the ratio of 1:15 to stop the already ongoing manipulation from the Banksters in Europe. If not for the fuckery, it should have been more properly around 1:10 or lower.
Because we need silver so much more than we used to due to industrial demand, it should be around 1:7 or even lower. In a truly free market (which I doubt will ever happen), I'd guess it would probably go down to 1:5 or so (assuming technology doesn't change substantially).
ANY of the big bullion dealers. I have trusted and bought from Provident Metals before. I can't even remember the names of the big boys, but as long as you stay away from ebay, amazon, china etc, and stick to a REPUTABLE bullion dealer, you will be fine. Good luck finding something in stock though...
JM, SD, Provident, AMPEX, etc.
That's changed since September it's now about1:56
It's still a very good deal compared to gold.
Paper silver is dying. physical silver is going to fly..
I've been buying mining companies lately,as i have a lot of physical.
ELI5 I'm new.
I've bought a mix of the big silver mining companies AG- first majestic, HL hecla mining, PAAS - pan American. Also USAS and a very long shot junior minor with no production. Juniors are very risky.
Their are also some ETF'S that own a mix you can buy.
EXK, NAK, LAC are my current plays. Did great today, each up around 8%.
👍
Like who?
For just a small owner of about 30-40 onz
Ah, ok. I have 10oz. Need to add to that.
See above.
According to the AI, the total bullion ratio is 1:9. That changes a bit if you include things like jewelry, industrial demand (which isn't usually recycled) and similar items. Then the amount of all silver that is out of the ground and usable is 1:7.
The fluctuating amounts from other sources and at other times (at least from the Roman empire forward) come mostly from the same fource; price manipulation. If you dig in, you will find that a HUGE amount of that manipulation can be (ultimately) laid on the feet of the Babylonian Banksters (specifically, the Jews, starting from BC in the Roman Empire). Relevant to us, in the beginning of the USA they fixed the ratio of 1:15 to stop the already ongoing manipulation from the Banksters in Europe. If not for the fuckery, it should have been more properly around 1:10 or lower.
Because we need silver so much more than we used to due to industrial demand, it should be around 1:7 or even lower. In a truly free market (which I doubt will ever happen), I'd guess it would probably go down to 1:5 or so (assuming technology doesn't change substantially).
Agree. Gold is almost useless,when compared to silver.
Remember that ALL of this was before there was any tech industry to gobble up the silver supply.
I finally was able to take silver that cost me about 1500 dollars and trade it for one ounce of $4450.00 gold. 54 ounces.
I get the feeling you’ll be wishing you’d kept it in silver for longer but still a solid gain that should continue to grow.
Lol . Right
Is there somewhere trustworthy to buy silver bars
ANY of the big bullion dealers. I have trusted and bought from Provident Metals before. I can't even remember the names of the big boys, but as long as you stay away from ebay, amazon, china etc, and stick to a REPUTABLE bullion dealer, you will be fine. Good luck finding something in stock though... JM, SD, Provident, AMPEX, etc.
Thank you.