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BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER

 
Anonymous Coward
User ID: 78841139
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05/28/2021 03:52 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
Yet, silver can't even break $30

SITC-fuq
 Quoting: Maddrummerboy


Didn't you get the memo?

It's the new economic paradigm.

Supply shortages now cause declining prices.

drevil
Anonymous Coward
User ID: 54615819
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05/28/2021 03:55 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
This IS THEFT at ALL Levels, ongoing Criminal behavior that has been happening since the 1913 TAKEOVER of OUR Financial System with Woodrow Wilson's trip to Paris with the King of Purim Robbery Col. HOUSE conned U.S. OUT Of OUR BANKING 100%.

To Rob U.S.A. Blind, they never allowed Pres. Wilson, to even attend these strictly Foreign Banker Meetings.....We should have been joining Germany's side in WW-I, knowing THESE TRUTHS. BUT, same Criminal Bunch FORCED US Into fighting the
WRONG Nation so they could pull-off the The BIGGEST RELIGION
SCAM Ever since the last World War.

KNOW The Plan to Strip - Away Our FUNDS, Property and Mass MURDER using A Bio-Weapon that Activates via 5G, just like they did in Wuhan, first! Then the purim shipped it to Enemy
#2....As 8.9 Million of these folks Quickly migrated from there N.Y., East Coast Areas, et al. statistics have shown
since 2018-2020, to AZ, GA., NM, MT, TX, etc.
Anonymous Coward
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05/28/2021 04:01 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
They are trying to speed up the dollar devaluation. Perfect distraction from the events of the next couple of months.
 Quoting: ZOOM OUT


a distraction is generally a facade. this is no facade. there is a shortage.
 Quoting: mr dull socks


Oh you mean like the lumber shortage? The gasoline shortage? The ventilator shortage? Give me a fucking break with that shit. All shortages are manufactured. I can think of a few handfuls of places right now where I can get on and order and have it in my possession inside of a week. Shortage my ass.
 Quoting: ZOOM OUT


It's reflected in the premiums you dumb sob.
Anonymous Coward
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05/28/2021 04:10 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
I bought a shitload of metal from the US mint last week. They were the same price as APMEX but they had a shipping cost. As it turns out APMEX has a banking problem. Most banks will not deal with them.
 Quoting: Anonymous Coward 78976888


elaborate please??
Anonymous Coward
User ID: 78687938
Netherlands
05/28/2021 04:11 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
Oh heavens, oh my, whatever shall we eat if we run out of silver? ... (panic setting in)

Oh wait, never mind. We can eat the silver dining set. ... (sigh!

Silly me. All this other news which is really bad has me spooked all day and night. We're only running out of everything else.
Anonymous Coward
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05/28/2021 04:21 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
JM Bullion has 1oz Sunshine Mint rounds for $4.29 over spot, any quantity

[link to www.jmbullion.com (secure)]
Anonymous Coward
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05/28/2021 04:21 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
just spoke with a rep from Silvertowne.com

She said no shortage, they have an extended delivery time due to an overabundance of orders. To help with delivery time they decided to only offer 2 items, 1 oz buffalo rounds, and 10 oz buffalo bars. She said no shortage and they can fill all of their orders without a problem.

I just bought some without a problem. Go to them if you can't get your supply.
Waffles ™

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05/28/2021 04:45 PM

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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
just spoke with a rep from Silvertowne.com

She said no shortage, they have an extended delivery time due to an overabundance of orders. To help with delivery time they decided to only offer 2 items, 1 oz buffalo rounds, and 10 oz buffalo bars. She said no shortage and they can fill all of their orders without a problem.

I just bought some without a problem. Go to them if you can't get your supply.
 Quoting: Anonymous Coward 80420962


Ok that sounds legit lolz..only offering 2 items out of your entire catalog because that speeds up delivery time..sounds like a crock of shit story
-------------------------------------
M R E

User ID: 71630411
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05/28/2021 04:46 PM

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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
Buy it, store it, and forget about it.

If you don't benefit from it you children and loved ones certainly will.

If you're in this market to make a quick buck then I hate to tell you that you're in the wrong market!

Buy, hodl, and buy some more...when you can afford it of course!
 Quoting: Don Draper from Nantucket


Good Advice!! rockon
would rather have it & not need it then need it & not have it
Anonymous Coward
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05/28/2021 04:47 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
just spoke with a rep from Silvertowne.com

She said no shortage, they have an extended delivery time due to an overabundance of orders. To help with delivery time they decided to only offer 2 items, 1 oz buffalo rounds, and 10 oz buffalo bars. She said no shortage and they can fill all of their orders without a problem.

I just bought some without a problem. Go to them if you can't get your supply.
 Quoting: Anonymous


Yeah ... verify that claim. Place another order, see how many more orders they've taken since yours. Check the difference between invoice numbers.
Anonymous Coward
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05/28/2021 04:48 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
gold and silver are not rare

same with diamonds

hype hype hype
M R E

User ID: 71630411
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05/28/2021 04:55 PM

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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
There will be a rally in silver only if industrial actors fear an upcoming silver shortage and want to secure their supply for years ahead.
 Quoting: SpeakerOfDarkSentences



Solar Panels!!
would rather have it & not need it then need it & not have it
Anonymous Coward
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05/28/2021 04:55 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
gold and silver are not rare

same with diamonds

hype hype hype
 Quoting: Anonymous Coward 80420591


and unpin and IT'S GONE!

yeah, the money in your account, it didn't do so well. Oops. Sorry!
Anonymous Coward
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05/28/2021 04:57 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
just spoke with a rep from Silvertowne.com

She said no shortage, they have an extended delivery time due to an overabundance of orders. To help with delivery time they decided to only offer 2 items, 1 oz buffalo rounds, and 10 oz buffalo bars. She said no shortage and they can fill all of their orders without a problem.

I just bought some without a problem. Go to them if you can't get your supply.
 Quoting: Anonymous Coward 80420962


Ok that sounds legit lolz..only offering 2 items out of your entire catalog because that speeds up delivery time..sounds like a crock of shit story
 Quoting: Waffles ™


Silvertowne is one of the best mints/exchanges in the U.S.

I've bought from them, nothing shady in the least. Premiums will be high on low volume orders. Buffalo rounds have a $6 premium above spot for 5 rounds for wire transfers. That's better than APMEX or SDBullion.

[link to www.silvertowne.com (secure)]
M R E

User ID: 71630411
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05/28/2021 04:58 PM

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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
just spoke with a rep from Silvertowne.com

She said no shortage, they have an extended delivery time due to an overabundance of orders. To help with delivery time they decided to only offer 2 items, 1 oz buffalo rounds, and 10 oz buffalo bars. She said no shortage and they can fill all of their orders without a problem.

I just bought some without a problem. Go to them if you can't get your supply.
 Quoting: Anonymous Coward 80420962


Ok that sounds legit lolz..only offering 2 items out of your entire catalog because that speeds up delivery time..sounds like a crock of shit story
 Quoting: Waffles ™


hesright
would rather have it & not need it then need it & not have it
Anonymous Coward
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05/28/2021 05:05 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
Mexico mint has stopped coining. None available at the bancos as would be hormally since last year. And mexico is the number one silver producer with production at all time highs.
M R E

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05/28/2021 08:14 PM

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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
Mexico mint has stopped coining. None available at the bancos as would be hormally since last year. And mexico is the number one silver producer with production at all time highs.
 Quoting: Anonymous Coward 79014223


so the mines are all operational??
would rather have it & not need it then need it & not have it
Anonymous Coward
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05/28/2021 10:52 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER


How is this breaking news? Ken Kiyosaki and John Rubino have been announcing this for months, if not years.
 Quoting: Anonymous Coward 75228191



Because it didn't occur any of those years, lol.

It IS occurring now, for the very first time.
Anonymous Coward
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05/28/2021 11:18 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
I had half my silver vaulted now I’m taking delivery.
 Quoting: Anonymous Coward 73054651


good decision,

for the older people here, a LOT of people lost all their gld/slv during the carter years when the dealers and vault runners ran off with the metal

and silver this time will, WILL shoot to the moon
Anonymous Coward
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05/28/2021 11:19 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
Maybe a shortage of raw silver for production purposes. JM Bullion seems to have plenty of American Silver Eagles, and Canadian Silver Maple Leafs in stock.
 Quoting: Anonymous Coward 80068884


Have you actually ordered and been given the lead time?

Talk is cheap to all the pontificater's on here.
gs
User ID: 48494172
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05/28/2021 11:21 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
it's kind of paradoxical so i don't really know if i should say anything. but gold eventually becomes a useless rarity. when it starts to lose value people start to find other and better ways for every use of gold we have.

so it becomes rare but also worthless. quite a conundrum. they eventually inlay watches with gold under the glass for the "ooh shiney" factor lmao.
Anonymous Coward
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05/29/2021 11:56 AM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
it's kind of paradoxical so i don't really know if i should say anything. but gold eventually becomes a useless rarity. when it starts to lose value people start to find other and better ways for every use of gold we have.

so it becomes rare but also worthless. quite a conundrum. they eventually inlay watches with gold under the glass for the "ooh shiney" factor lmao.
 Quoting: gs 48494172


wtfdid
M R E

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05/29/2021 12:42 PM

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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
I had half my silver vaulted now I’m taking delivery.
 Quoting: Anonymous Coward 73054651


what kind of timeline did they give you for delivery?
would rather have it & not need it then need it & not have it
Anonymous Coward
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05/29/2021 08:58 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
I doubt many stackers are willing to pay $ 85 for 1oz. silver.

REAL morgans can be had for alot less.
 Quoting: Mr. Lee


US Mint products aren’t really for stackers (standard Eagles, aside.) They’re for numismatists and collectors. The premiums are far, far too high for bulk gains
 Quoting: Larphillips


Premiums on any silver, if its available, ranges from $4 to $8 per Troy oz. The lower range is dependent on bulk purchases.

It's gotten ridiculous. I think silver will spike at $100 or possibly higher before mining production ramps up to meet the demand. And that will take some time.

I'll off load mine at $100 spot with a 20% premium on Ebay.
 Quoting: iSwear



Listen to the miners themselves; it takes 10 YEARS to start a mine into production, or re-open one. The ones that are currently operating can't "UP" production because the amount of silver is limited.

In the 'old' days silver came out at 15-1 compared to gold.

It is now coming out at 8 to 1.

There is not going to be any 'ramp up'.
This is it.
Agent 99

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05/29/2021 09:14 PM

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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
But isn't the price based on something other than supply and demand???

Like when some country dumps a bunch of metal to buy weapons, that floods the market artificially.

Only when the US Treasury takes over instead of the Fed will things change.
Agent 99

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05/29/2021 09:16 PM

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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
I had half my silver vaulted now I’m taking delivery.
 Quoting: Anonymous Coward 73054651


what kind of timeline did they give you for delivery?
 Quoting: M R E


Yeah. This always seemed risky to me. The vault isn't a Fiduciary.
Anonymous Coward
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05/29/2021 09:32 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
I've been selling silver on ebay and people are paying $150/z, $175/z and even $200+/z there if you have the right coins. I have a 3/z coin proof set a guy was willing to pay $2000 for. That's $666/z. So what is the true price of Silver then?
 Quoting: Anonymous Coward 80420070


You know that would be a hollow-assed feeling to wake up with a 666 oz ...somthin or nother.. in your pocket. metal matter.
 Quoting: Anonymous Coward 80376156


I got 660.7 pounds of it. Took 20 years.
Agent 99

User ID: 77082640
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05/29/2021 09:38 PM

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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
I've been selling silver on ebay and people are paying $150/z, $175/z and even $200+/z there if you have the right coins. I have a 3/z coin proof set a guy was willing to pay $2000 for. That's $666/z. So what is the true price of Silver then?
 Quoting: Anonymous Coward 80420070


You know that would be a hollow-assed feeling to wake up with a 666 oz ...somthin or nother.. in your pocket. metal matter.
 Quoting: Anonymous Coward 80376156


I got 660.7 pounds of it. Took 20 years.
 Quoting: Anonymous Coward 80289639


10,000 oz?

that's a nice chunk.
Anonymous Coward
User ID: 80426008
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05/29/2021 11:42 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
just spoke with a rep from Silvertowne.com

She said no shortage, they have an extended delivery time due to an overabundance of orders. To help with delivery time they decided to only offer 2 items, 1 oz buffalo rounds, and 10 oz buffalo bars. She said no shortage and they can fill all of their orders without a problem.

I just bought some without a problem. Go to them if you can't get your supply.
 Quoting: Anonymous Coward 80420962


Ok that sounds legit lolz..only offering 2 items out of your entire catalog because that speeds up delivery time..sounds like a crock of shit story
 Quoting: Waffles ™


Silvertowne is one of the best mints/exchanges in the U.S.

I've bought from them, nothing shady in the least. Premiums will be high on low volume orders. Buffalo rounds have a $6 premium above spot for 5 rounds for wire transfers. That's better than APMEX or SDBullion.

[link to www.silvertowne.com (secure)]
 Quoting: iSwear


Silvertowne sucks. They don't put "Troy ounce" on their coins. Have none. Won't buy any.
Anonymous Coward
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05/29/2021 11:44 PM
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Re: BREAKING: US Mint says there is a GLOBAL SHORTAGE OF SILVER
I've been selling silver on ebay and people are paying $150/z, $175/z and even $200+/z there if you have the right coins. I have a 3/z coin proof set a guy was willing to pay $2000 for. That's $666/z. So what is the true price of Silver then?
 Quoting: Anonymous Coward 80420070


You know that would be a hollow-assed feeling to wake up with a 666 oz ...somthin or nother.. in your pocket. metal matter.
 Quoting: Anonymous Coward 80376156


I got 660.7 pounds of it. Took 20 years.
 Quoting: Anonymous Coward 80289639


10,000 oz?

that's a nice chunk.
 Quoting: Agent 99


9635. 90% ASE's and rest bullion and coin





GLP