Godlike Productions - Discussion Forum
Users Online Now: 1,453 (Who's On?)Visitors Today: 260,556
Pageviews Today: 425,560Threads Today: 138Posts Today: 2,441
06:09 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Silver still flying off the shelves

 
jlee2027
Offer Upgrade

User ID: 76568830
United States
02/07/2021 02:54 PM
Report Abusive Post
Report Copyright Violation
Silver still flying off the shelves
jlee2027  (OP)

User ID: 76568830
United States
02/07/2021 02:55 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
Anonymous Coward
User ID: 77700141
Australia
02/07/2021 03:01 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
They'll be happy to take your orders since they're going to filling them at a lower cost, ACT NOW BEFORE REALITY SETS IN!

Again. secrets
jlee2027  (OP)

User ID: 76568830
United States
02/07/2021 03:04 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
They'll be happy to take your orders since they're going to filling them at a lower cost, ACT NOW BEFORE REALITY SETS IN!

Again. secrets
 Quoting: Anonymous Coward 77700141


Lower cost? LOLOLOLOL

Silver is MONEY.
_Trey_

User ID: 37509644
United States
02/07/2021 03:06 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
following
REaliZe

User ID: 79267289
United States
02/07/2021 03:07 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
Bump.
There's. A. H0le. In. The. Sky.
Anonymous Coward
User ID: 77700141
Australia
02/07/2021 03:07 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
They'll be happy to take your orders since they're going to filling them at a lower cost, ACT NOW BEFORE REALITY SETS IN!

Again. secrets
 Quoting: Anonymous Coward 77700141


Lower cost? LOLOLOLOL

Silver is MONEY.
 Quoting: jlee2027


O'Rilly? Tell me, when did you last make a car payment in silver?

tard
Agent 99

User ID: 77082640
United States
02/07/2021 03:08 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
Can you explain the silver squeeze thing.

So paper silver is entirely different than physical silver. Paper silver is going to end up in class action suits because they can't produce the physical and lots of people will lose tons of money. We know this part.

Physical is limited. Supply and demand. What will this distribution to personal ownership do to the price of silver this coming year? No one has been able to answer this accurately, with wild speculation up to 25k per oz. Then all kinds of estimates of price to ratio that doesn't make sense.

Reasonable estimates are Gold 5000 per oz. Silver 70 per oz. But what determines these prices?
jlee2027  (OP)

User ID: 76568830
United States
02/07/2021 03:12 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
They'll be happy to take your orders since they're going to filling them at a lower cost, ACT NOW BEFORE REALITY SETS IN!

Again. secrets
 Quoting: Anonymous Coward 77700141


Lower cost? LOLOLOLOL

Silver is MONEY.
 Quoting: jlee2027


O'Rilly? Tell me, when did you last make a car payment in silver?

tard
 Quoting: Anonymous Coward 77700141


The day is coming when an ounce of silver will pay the entire car, not just make a payment.
jlee2027  (OP)

User ID: 76568830
United States
02/07/2021 03:18 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
Can you explain the silver squeeze thing.

So paper silver is entirely different than physical silver. Paper silver is going to end up in class action suits because they can't produce the physical and lots of people will lose tons of money. We know this part.

Physical is limited. Supply and demand. What will this distribution to personal ownership do to the price of silver this coming year? No one has been able to answer this accurately, with wild speculation up to 25k per oz. Then all kinds of estimates of price to ratio that doesn't make sense.

Reasonable estimates are Gold 5000 per oz. Silver 70 per oz. But what determines these prices?
 Quoting: Agent 99


Hold silver until it's money again. The historical buying power is there - one ounce = anywhere from 6 to 10 days of wages, Rome to Great Britain.

In China, before Christ, Sun Tzu - wrote the Art of War, reported to keep, feed, equip an army of 100,000 men, for a single day, required 1,000 ounces of Silver. The value of silver, in history, is undeniable.
Mac34

User ID: 80027872
United States
02/07/2021 03:19 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
More and more people know what coming inflation explosion on the horizon.
Beachsunset
_Trey_

User ID: 37509644
United States
02/07/2021 03:25 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
so...bars vs coins...for long term?

Last Edited by _Trey_ on 02/07/2021 03:25 PM
Larry D. Croc

User ID: 70736097
United States
02/07/2021 03:33 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
Can you explain the silver squeeze thing.

So paper silver is entirely different than physical silver. Paper silver is going to end up in class action suits because they can't produce the physical and lots of people will lose tons of money. We know this part.

Physical is limited. Supply and demand. What will this distribution to personal ownership do to the price of silver this coming year? No one has been able to answer this accurately, with wild speculation up to 25k per oz. Then all kinds of estimates of price to ratio that doesn't make sense.

Reasonable estimates are Gold 5000 per oz. Silver 70 per oz. But what determines these prices?
 Quoting: Agent 99


Once upon a time...a dollar was backed by one ounce of silver and a twenty dollar bill was backed by one ounce of gold.

There are those who maintain that this "historic" ratio is the correct one.

It's akin to saying that since at one time people used horses for transport that we should maintain that an no automobile should have an engine that produces more than one horsepower.

It comes down to supply and demand. Which means the prices of gold and silver will vary and don't have any fixed value ratio unless a government decided to create such a relationship with a precious metal vs. fiat currency.

There really hasn't been a "distribution to personal ownership" at this point. Current owners have sold into the rallies, new owners have purchased what was sold.

That may change if the demand for physical silver continues and grows. If that demand does not persist and grow this is all much ado about nothing in my view. And yes, I've owned precious metals at one level or another for 55+ years.
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
Larry D. Croc

User ID: 70736097
United States
02/07/2021 03:35 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
so...bars vs coins...for long term?
 Quoting: _Trey_


Widely recognized coins.

Bars are easy to counterfeit and you may well run into buyers wanting a current assay (which you as the seller would pay for) before buying any of your bars.

Coins can be counterfeit as well. I focus on circulated 1964 and before US dimes, quarters, and half dollars as well as Peace and Liberty silver dollars. Widely recognized, easy to sell/buy.
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
SpeakerOfDarkSentence​s

User ID: 80003878
Norway
02/07/2021 03:37 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
And the more people buy silver, the spotprice goes down.
jlee2027  (OP)

User ID: 76568830
United States
02/07/2021 03:39 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
And the more people buy silver, the spotprice goes down.
 Quoting: SpeakerOfDarkSentences


That's because the banks are trying to kill the demand off. They cannot deal with the demand.
Buy more in response.
_Trey_

User ID: 37509644
United States
02/07/2021 03:51 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
so...bars vs coins...for long term?
 Quoting: _Trey_


Widely recognized coins.

Bars are easy to counterfeit and you may well run into buyers wanting a current assay (which you as the seller would pay for) before buying any of your bars.

Coins can be counterfeit as well. I focus on circulated 1964 and before US dimes, quarters, and half dollars as well as Peace and Liberty silver dollars. Widely recognized, easy to sell/buy.
 Quoting: Larry D. Croc


Thanks a lot.
Larry D. Croc

User ID: 70736097
United States
02/07/2021 03:53 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
so...bars vs coins...for long term?
 Quoting: _Trey_


Widely recognized coins.

Bars are easy to counterfeit and you may well run into buyers wanting a current assay (which you as the seller would pay for) before buying any of your bars.

Coins can be counterfeit as well. I focus on circulated 1964 and before US dimes, quarters, and half dollars as well as Peace and Liberty silver dollars. Widely recognized, easy to sell/buy.
 Quoting: Larry D. Croc


Thanks a lot.
 Quoting: _Trey_


You're welcome.
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
_Trey_

User ID: 37509644
United States
02/07/2021 03:54 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
so other countries 1oz coins are safe for holding value? Austrian, Canadian, anything with the queen....?
Anonymous Coward
User ID: 80012512
United States
02/07/2021 03:56 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
They'll be happy to take your orders since they're going to filling them at a lower cost, ACT NOW BEFORE REALITY SETS IN!

Again. secrets
 Quoting: Anonymous Coward 77700141


go try to buy an ounce of silver for spot right now.

abduct
Anonymous Coward
User ID: 80027481
United States
02/07/2021 03:57 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
They'll be happy to take your orders since they're going to filling them at a lower cost, ACT NOW BEFORE REALITY SETS IN!

Again. secrets
 Quoting: Anonymous Coward 77700141


They wont be filling at lower cost.
Availability is almost non existent. Filling orders of Physical is going to get very expensive regardless of what the manipulated paper markets(SPOT) do.
Anonymous Coward
User ID: 80012512
United States
02/07/2021 03:57 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
And the more people buy silver, the spotprice goes down.
 Quoting: SpeakerOfDarkSentences


aint that somethin? meanwhile premiums go up
Larry D. Croc

User ID: 70736097
United States
02/07/2021 04:10 PM

Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
so other countries 1oz coins are safe for holding value? Austrian, Canadian, anything with the queen....?
 Quoting: _Trey_



Sovereign coins are always a good bet.
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
Hard Eight

User ID: 75863275
United States
02/07/2021 04:11 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
Kraken was $64-$66 most of last week. $84 now

[link to www.bordergold.com (secure)]

ETA- back at 66

Last Edited by Hard Eight on 02/07/2021 06:31 PM
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson

If you don't read the newspaper   
you are uninformed, if you do   
read the newspaper you are   
misinformed. -- Mark Twain

Giving money and power to   
government is like giving whiskey   
and keys to teenage boys.   
-- P.J. O'Rourke, Civil Libertarian
 
Anonymous Coward
User ID: 80028405
Sweden
02/07/2021 04:14 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves


Only in the US though. No shortage over here.
Hard Eight

User ID: 75863275
United States
02/07/2021 04:37 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves


Only in the US though. No shortage over here.
 Quoting: Anonymous Coward 80028405


Hmm. Maybe your govt. isn't trashing your currency.
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson

If you don't read the newspaper   
you are uninformed, if you do   
read the newspaper you are   
misinformed. -- Mark Twain

Giving money and power to   
government is like giving whiskey   
and keys to teenage boys.   
-- P.J. O'Rourke, Civil Libertarian
 
Anonymous Coward
User ID: 79312913
United States
02/07/2021 05:16 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
Loss of confidence in govt = hyperinflation
Anonymous Coward
User ID: 79659346
United States
02/07/2021 05:31 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
They'll be happy to take your orders since they're going to filling them at a lower cost, ACT NOW BEFORE REALITY SETS IN!

Again. secrets
 Quoting: Anonymous Coward 77700141


Lower cost? LOLOLOLOL

Silver is MONEY.
 Quoting: jlee2027


O'Rilly? Tell me, when did you last make a car payment in silver?

tard
 Quoting: Anonymous Coward 77700141


I bought my car using silver and gold. Of course I had to exchange it for toilet paper but I did.
Anonymous Coward
User ID: 78535467
United States
02/07/2021 05:39 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
so...bars vs coins...for long term?
 Quoting: _Trey_


Either or...it doesn't matter as long as they are easily recognizable.

You want 2 things stamped into the bar/round of metal...

1. 999 fine silver or 999 pure silver

2. One TROY ounce or 31.1 grams. (1 ounce is not good enough).


MC
Hard Eight

User ID: 75863275
United States
02/07/2021 05:49 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
richman
After buying and holding silver
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson

If you don't read the newspaper   
you are uninformed, if you do   
read the newspaper you are   
misinformed. -- Mark Twain

Giving money and power to   
government is like giving whiskey   
and keys to teenage boys.   
-- P.J. O'Rourke, Civil Libertarian
 
Anonymous Coward
User ID: 79975052
Canada
02/07/2021 05:53 PM
Report Abusive Post
Report Copyright Violation
Re: Silver still flying off the shelves
so other countries 1oz coins are safe for holding value? Austrian, Canadian, anything with the queen....?
 Quoting: _Trey_


Maples, Aussy kangaroos and buffalo rounds are 9999 pure silver

everything else is 999





GLP