Everything is going up in price - except SILVER | |
Anonymous Coward User ID: 23196659 United States 06/01/2022 07:45 AM Report Abusive Post Report Copyright Violation | If manufacturing output is trending up then the price of PM will reflect that. Since manufacturing output is down, as evidenced by shortages, then less silver is being used…same for Palladium etc. If you believe that things will turn around, then buy more PM whilst the getting is good. Otherwise, remember that a bag of thirty pieces of silver is just under two pounds…which is a lot of extra weight to carry when TSHTF. |
Anonymous Coward User ID: 81124152 Estonia 06/01/2022 07:46 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82203729 United States 06/01/2022 07:56 AM Report Abusive Post Report Copyright Violation | |
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Justsayno
User ID: 83182098 United States 06/01/2022 07:59 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81424401 United States 06/01/2022 08:07 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79428684 United Kingdom 06/01/2022 08:11 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82560854 Canada 06/01/2022 08:13 AM Report Abusive Post Report Copyright Violation | There are approx 19 ounces of silver to every ounce of gold in the world. But miners are only producing about 8 ounces of silver to gold as silver is typically a by product of mining as miners will mine gold only. Gold is not used that much apart from jewellery and high end medical or computer technology. Silver is used for everything from solar panels to electronics. The price of silver to gold is about 85 to 1 so assuming gold is the correct price (it is not) and if we use the 19 to 1 ratio an oz of silver should be $95. |
Deplorableduckhunter
User ID: 83492323 United States 06/01/2022 08:48 AM Report Abusive Post Report Copyright Violation | Silver market is bubbling away. Trying to blow main ballast tanks and surface. Up 29 cents this morning. [link to www.kitco.com (secure)] |
Anonymous Coward User ID: 82560854 Canada 06/01/2022 08:50 AM Report Abusive Post Report Copyright Violation | Silver market is bubbling away. Quoting: Deplorableduckhunter Trying to blow main ballast tanks and surface. Up 29 cents this morning. [link to www.kitco.com (secure)] Someone will desperately need to sell all there silver at 9:25 am. 5 minutes before market opens. |
Anonymous Coward User ID: 80247695 Canada 06/01/2022 09:01 AM Report Abusive Post Report Copyright Violation | These bankers invented a system to where they can print paper/plastic money, lend it to themselves via proxy regional banks, use it to invest in tangible assets like property and physical metal, own the entire MSM/hollywood etc.. Our only really chance against that kind of power is physical metals/land. Which is 2 things they will always want to buy with whatever fiat system they implement, whether its digital or paper. |
_Trey_
(OP) User ID: 77748244 United States 06/05/2022 07:29 AM Report Abusive Post Report Copyright Violation | What will happen this week? |
GLPtard174
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Agent 99
User ID: 77082640 United States 06/05/2022 07:52 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78294731 United States 06/05/2022 07:54 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77450149 United States 06/05/2022 07:57 AM Report Abusive Post Report Copyright Violation | Not a silvertard, but anyone with a lick of common sense can see what is coming, most of the silver traded today is paper, and when the shit hits the fan the paper is going to be worthless, but those holding physical silver are going to see its value quadruple Quoting: Justsayno Silver and ammo will be the two most commonly used items to make a transaction in the near future, I don’t even own any silver but I think I best get off my ass and get some I am about to stockpile loose tobacco. I was a smoker for 40+ years. I know people will give up a lot to get their fix. That will be my barter "clout". Learned that from my biker Uncles. In prison, they became Bosses, because back then, their "family" (biker club) could put money on commissary and the prisoner would buy ALL the Smokes up. They control the tobacco, they control the prison population. Keep the non-smokers as loyal pals, keep the rest as constant source of money, favors...etc. Yup, tobacco and coffee both are good for bartering. In high demand, and someone somewhere is always willing to pay for it, and goes up in price if shortages occur. |
Agent 99
User ID: 77082640 United States 06/05/2022 07:58 AM Report Abusive Post Report Copyright Violation | Silver market is bubbling away. Quoting: Deplorableduckhunter Trying to blow main ballast tanks and surface. Up 29 cents this morning. [link to www.kitco.com (secure)] Someone will desperately need to sell all there silver at 9:25 am. 5 minutes before market opens. Which counties specifically? |
Anonymous Coward User ID: 75907975 United States 06/05/2022 08:06 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 83479468 Poland 06/05/2022 08:11 AM Report Abusive Post Report Copyright Violation | Stop the BS 1. Silver is not a by-product 2. Gold is not a by-product You get silver veins in mines You get gold veins in mines these same assholes were promoting gold only came from space to earth and everyone knows its BS and now they are trying to BS us again with by-product of mining Fk off! |
Anonymous Coward User ID: 78146661 United States 06/05/2022 08:28 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78427896 Sweden 06/05/2022 08:28 AM Report Abusive Post Report Copyright Violation | And I don't think it will ever be. The problem is that silver is an industrial metal now, not a monetary metal. And since the elites are depopulating the world and downsizing the consumption for the ones they allow to stay alive, there just won't be much demand for anything in the future. |
Anonymous Coward User ID: 83547579 France 06/05/2022 08:37 AM Report Abusive Post Report Copyright Violation | I fell for the silver BS too, and I'm keeping my stash just out of stubbornness. The first batch I bought was priced at 4.50, the last at 36. I think I'm slightly up overall, but it has hardly been a remarkable investment. Quoting: Anonymous Coward 78427896 And I don't think it will ever be. The problem is that silver is an industrial metal now, not a monetary metal. And since the elites are depopulating the world and downsizing the consumption for the ones they allow to stay alive, there just won't be much demand for anything in the future. Yeah it sure is BS, holding physical PM coins when paper money is losing value by the day. Obviously there are other ways of thinking about value, but it's sort of like an MC Escher drawing, it depends on perspective. There's a wealth of info at reddit WSS. Everything else is just noise, feel free to move forward at your own risk |
rob2
User ID: 83547448 United States 06/05/2022 08:41 AM Report Abusive Post Report Copyright Violation | out of gold or silver, i think i would much rather have SILVER...on account of its antibacterial/viral, etc ability. we can make silver water for healing and cleaning. gold is the only metal the body will not reject when used inside of the body. (learned that in a dentists office, his own waiting room portfolio had it stated inside) but yeah id rather have silver. Last Edited by rob2 on 06/05/2022 08:41 AM |
Let Freedom Ring 365
User ID: 81028090 United States 06/05/2022 08:45 AM Report Abusive Post Report Copyright Violation | Been starting to hoard physical silver a few months now and I can tell you the price stays the same or maybe paying slightly more now than few months ago to buy silver. Nothing like holding it in your hands. Lots of overtime at work and I'm turning that money into silver as fast as I can. Quoting: Fred Allen You are the creator of your own master plan... Make it a good one. Wake the fuk up and be ready... This is absolutely no time to be stupid! “If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.” - Nikola Tesla |
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Habobah
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chobee
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Anonymous Coward User ID: 83556996 United States 06/05/2022 10:12 PM Report Abusive Post Report Copyright Violation | Not a silvertard, but anyone with a lick of common sense can see what is coming, most of the silver traded today is paper, and when the shit hits the fan the paper is going to be worthless, but those holding physical silver are going to see its value quadruple Quoting: Justsayno Silver and ammo will be the two most commonly used items to make a transaction in the near future, I don’t even own any silver but I think I best get off my ass and get some Even if you only buy 1 or 2 ounces a week, that's what I do. I buy the 1 troy ounce .999 silver bars. They stack nicely in a ammo can. Buying an ounce at a time is the most expensive way to buy it, but still will be worth it, down the road. |