• "Spreading the ideas of freedom loving people on matters regarding metals, finance, politics, government and many other topics"

Gold / Silver ratio revisited

BigJim#1-8

Gold Member
Gold Chaser
Sr Site Supporter
Joined
Mar 31, 2010
Messages
4,183
Likes
15,998

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,003
Likes
4,605
I was looking at some silver this morning. Almost pulled the trigger and then remembered my own advice. Cash is king right now. Only thing green is the dollar.
Silver premiums are WAAAY up at the moment. This is a paper puke. No one is selling physical at these prices.

GSR has never been here. Ever. Friday the 13th banker flush out.
 

the_shootist

I identify as vaccinated, bitches!
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
57,575
Likes
109,257
Location
Earth
Interesting times to be sure
 

BigJim#1-8

Gold Member
Gold Chaser
Sr Site Supporter
Joined
Mar 31, 2010
Messages
4,183
Likes
15,998

BigJim#1-8

Gold Member
Gold Chaser
Sr Site Supporter
Joined
Mar 31, 2010
Messages
4,183
Likes
15,998
Ratio Plummets into High 103's/1 for the weekend. Keep Healthy & Safe. Buy Ammo.
 

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,003
Likes
4,605
I need reasons NOT to swap, please.
Good luck doing it right now even if you can’t find a reason not to. Most dealers out there don’t seem to want you to pry what silver they have from their cold, dead hands...
 

Strawboss

Apocaloptimist
Midas Member
Site Supporter ++
Joined
Mar 31, 2010
Messages
8,829
Likes
18,033
I will trade 40 SAEs for a GAE.

This is a standing offer.

Operators standing by...
 

engineear

Gold Member
Gold Chaser
Site Supporter ++
Joined
Mar 11, 2011
Messages
4,547
Likes
6,662
Location
North of the Wall
Good luck doing it right now even if you can’t find a reason not to. Most dealers out there don’t seem to want you to pry what silver they have from their cold, dead hands...
Isn't it beneficial for both parties?...its long-term either way. Pondering...
 

billmr

New Member
Joined
Mar 13, 2020
Messages
2
Likes
5
Anyone ever use Monex for buying? I ask because they have good deals on Silver Eagles. I wanted to know if they were legit.
I bought a bunch of platinum from them back in 2008, then I looked at the reviews and saw all the 1 star ratings, and started having 2nd thoughts but as I read more I found that those were all from people who had margin accounts. They delivered to me, then called me every 3 months for years asking if I wanted to buy more stuff.

I know they were legit back then, but then so were Tulving and NWTM
 

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,003
Likes
4,605
Isn't it beneficial for both parties?...its long-term either way. Pondering...
They will do it but you will have to pay the premium. All the sudden demand has shot way up for silver at these prices. Physical supplies are tight so premium has gone up. You can trade gold for silver but don’t expect to get 104 ounces of silver for an ounce of gold.
 

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,003
Likes
4,605
Up over 106 now. Meanwhile, the cupboard's are bare of silver throughout dealer shelves across the country. Go figure!:don't know:
 

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,003
Likes
4,605
Lab results are in: Silver has the Coronavirus. I heard the older you are the more deadly it is... RIP Silver.
I dunno - you might be able to bury it but it takes a long, long time to decompose.
 

TLM

Silver Member
Silver Miner
Joined
Mar 31, 2010
Messages
68
Likes
53
The saying, "don't try to catch a falling knife" comes to mind.
Irrational and insane.
 

Voodoo

Site Supporter
Site Supporter
Platinum Bling
Joined
Mar 31, 2010
Messages
3,855
Likes
5,812
Location
Deep Underground Bunker
Lab results are in: Silver has the Coronavirus. I heard the older you are the more deadly it is... RIP Silver.
Kinda ironic considering silver is one of the few things on earth immune to it. We broke 14 in silver so probably heading lower.
 

Bottom Feeder

Hypophthalmichthys molitrix
Midas Member
Midas Supporter ++
Joined
Mar 31, 2010
Messages
12,828
Likes
25,838
Location
SnowFlake City
Well, since the LCSs were almost bare last week I don't imagine I will be able to find much of anything available today. I notice on line stores all have their lowest silver premiums start at $2.00. Two bucks! for generic silver — such a deal! And I see SAEs have around a five dollar premium.

The bottom seems to have fallen out of the paper silver market.
BF