That chart is in a blow-off, the only question is how far does it go. We are near a turning point. Could be getting started right now but the jury is out at the moment.
For anyone who thinks junk silver is worthless because ____________________ <-- fill in any reason, they really need to think again just what the bloody hell HARD MONEY is.
Krugerrands, Credit Suisse bars, yada are definitely extremely valuable. But in everyday life (not car-purchasing level of transactions) you need fungible hard money.
Shock alert: "real" pennies make change. Currently very easy to get, cheap too.
For anyone who thinks junk silver is worthless because ____________________ <-- fill in any reason, they really need to think again just what the bloody hell HARD MONEY is.
Krugerrands, Credit Suisse bars, yada are definitely extremely valuable. But in everyday life (not car-purchasing level of transactions) you need fungible hard money.
Shock alert: "real" pennies make change. Currently very easy to get, cheap too.
100% agree. I've always embraced the analogy that gold is my savings account and silver is my checking account. Those who are dissing on sliver are disappointed it hasn't hit $50 oz yet so they're frustrated. This still needs to play out. Silver will not stay at its present rates for much longer. Neither will gold. I have no fancy charts to present to support that statement like the some of the people here with the big brains. I just know that what we're seeing happen right now can't be explained by charts and graphs.
Yowza, Shootie -- And when a few TRILLION pieces of electronic "dollars" are sent out to all Americans, that will have ZERO effect on inflation. Or the "price" of actual hands-on gold and silver.
It takes up a lot of space I know. But say you bought and ounce a couple of years ago for $1,250. You are getting silver for almost spot right now at $12.50. This is the best silver deal I can think of right now.
It takes up a lot of space I know. But say you bought and ounce a couple of years ago for $1,250. You are getting silver for almost spot right now at $12.50. This is the best silver deal I can think of right now.
But no one can find physical at that price. The cheapest that can be found is around $15 right now if you can find anyone actually offering any for sale.
But no one can find physical at that price. The cheapest that can be found is around $15 right now if you can find anyone actually offering any for sale.
Considering how little is available at that price, I don't understand how anyone could think they are going to be able to take a better position if the "spot" price goes down any farther.
But no one can find physical at that price. The cheapest that can be found is around $15 right now if you can find anyone actually offering any for sale.
Told a few guys at work to buy 100 oz bars because that is all the can find & they didn't like that idea. I asked them if they knew of any better way to lock in the low price and exchange it for what they wanted later for a minimal fee........ now they could not find the big bars.
Finally found an LCD who actually has some silver bullion. $18.50 for rounds, $19.50 for maples/phils. Should I pull the trigger or just be happy with what I have?
Finally found an LCD who actually has some silver bullion. $18.50 for rounds, $19.50 for maples/phils. Should I pull the trigger or just be happy with what I have?
Finally found an LCD who actually has some silver bullion. $18.50 for rounds, $19.50 for maples/phils. Should I pull the trigger or just be happy with what I have?
Finally found an LCD who actually has some silver bullion. $18.50 for rounds, $19.50 for maples/phils. Should I pull the trigger or just be happy with what I have?
I see what you are saying. All online retailers are sold out till the middle of next month at minimum. Are they actually keeping track of how much they have sold? Are they really going to get the supply expected? These are the questions I've been asking myself.
I see what you are saying. All online retailers are sold out till the middle of next month at minimum. Are they actually keeping track of how much they have sold? Are they really going to get the supply expected? These are the questions I've been asking myself.
I see what you are saying. All online retailers are sold out till the middle of next month at minimum. Are they actually keeping track of how much they have sold? Are they really going to get the supply expected? These are the questions I've been asking myself.
If they are selling silver they don't have at these low prices, it can mean only one thing. The banksters own these bullion dealers for the purpose of suppressing metals so they don't appear to be a safe haven.
I wonder what the Gold+Premium/Silver+Premium ratio is, oz to oz.
APMEX, random Buffalo: 1624.09 USD / random 1oz ASE : 22.82 USD = 71.169588080631025416301489921122
I know it's not a valid comparison. Wish I tried the same calc at other values. I'm sure there are probably better rounds to use. Figured I'd share the results since I checked anyway.