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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Silver - the most concentrated short of any commodity [Re: Fiery]
#27772823 - 05/11/22 03:51 PM (1 year, 8 months ago) |
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I myself am glad to have relieved myself of almost all my Silver and loaded up on Gold during the faux silver scare.
During the silver scare there was the wildfire rumor that silver was going to be pumped bigtime.
THIS FORUM reported on the day of the scarewhen silver shot up that it was bogus: that members of ours had insider knowledge in that group that it was a hoax.
With links provided I checked it out, and saw it was so.
I realized that silver was going to drop like an industry bar, so when the gold-to-silver ratio was most favorable I turned silver into gold.
Right after, silver plummeted and I walked out with more grams of gold for my silver than I could have had in years before, or since.
In money it wasnt a big difference, but it tilted the gold-silver ratio more favorably.
But.. I got me a nice kilo brick of silver for the sole purpose of adding it to the mayhem on the day the COMEX crashes and burns like paper silver hindenburg. I'm so disgusted by how they rape the price of silver with their fake paper silver scam, 100x more than there is real silver, that that bar sits aside purely to fling into the machine at their worst time, the few hundred bucks of profit are insignificant.
Pure symbolic establishment vandalism, to add to the mayhem because Babylon must fall.
I'll lob my brick when the time comes 
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Silver - the most concentrated short of any commodity [Re: Fiery]
#27772966 - 05/11/22 06:04 PM (1 year, 8 months ago) |
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Quote:
Fiery said:
By throw the silver bar, you mean sell it into the market to add to the mayhem, not actually throw it, right?
Totally sell it yes, as a symbolic protest to the injustice.
I notice that interesting things happen when I endorse or disendorse things 
Quote:
Fiery said: my Moissanite came in last week and that stuff is absolutely stunning and brilliant so thanks for the help there, we'll have to revive that thread sometime 
Sounds like a great idea, glad you could find a good stone for a good price.
Moissanite is so beautiful it makes people wear jewelry who never have before.
More than diamond, it throws rainbows everywhere.
When the price drops further, a well cut 1-2 inch moissanite would make an awesome trip toy.
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Edited by Asante (05/11/22 06:06 PM)
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Silver - the most concentrated short of any commodity [Re: Fiery]
#27780101 - 05/16/22 11:05 AM (1 year, 8 months ago) |
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I havent been to the US, I have relatives there though. I'm glad that they legally own a firearm, a NATO caliber sniper rifle .308 Winchester hunting rifle 
Quote:
Fiery said:
I know you're upset at silver, and RIGHTFULLY SO... but on the off chance it does go "to the moon" I think it would be a smart investment to have at least a little bit.. I know you said you had a kilo bar, which is pretty cool. that's about 32 ounces I think...
I'm upset at whats being done to silver, Torah, Bible and Qu'ran put it in lettering that gold and silver are the money God intends for us, Allah even goes so far as to define in the Qu'ran the weight, purity, description and name of Gods Money, the God Dinar and the Silver Dirham

The usurers, the paper traders they are perverting something celestial, thats like my revulsion against atheist satanism. Be on a demon's dick when you call yourself a satanist, don't be an edgy nonbeliever with questionable values.
Inferior Divinity still is Divinity.
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Silver - the most concentrated short of any commodity [Re: Fiery]
#27780409 - 05/16/22 02:58 PM (1 year, 8 months ago) |
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Just watch out.. Fake silver bars, 10 for the price of one.
Nothing is safe anymore, not even the Sunshine Mint.
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: Silver - the most concentrated short of any commodity [Re: Asante]
#27780761 - 05/16/22 07:53 PM (1 year, 8 months ago) |
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Quote:
Asante said: Just watch out.. Fake silver bars, 10 for the price of one.
Nothing is safe anymore, not even the Sunshine Mint.
they have a special seal you can inspect. can't be faked as far as I know. But no way to check that online!~
Quote:
For the last few years, Sunshine Mint has included a anti-counterfeit seal to the back of their silver bullion rounds and bars that displays a "VALID" symbol when viewed through a special decoder card. Sunshine seems to be the only mint doing this.
Personally I would NEVER buy gold or silver off ebay or any other online retailer. I need to see it in person.
Also any real silver hound knows that silver is slightly magnetic and any one smart will take a neodymium magnet with them to test where you let it slide down the bar or the round.
Also, I only buy silver from either one of two guys that own shops and I've known them for years.
Lots of people got dupped on fake gold too, recently. The fakes coming out of China are CRAZY GOOD
One of my hobbies is collecting minerals and rocks and CHina has been selling fake stuff in that category HARD for the last year.. makes me angry to see so many people getting ripped off but with precious metals it's so much worse
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Gorlax



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Re: Silver - the most concentrated short of any commodity [Re: Fiery]
#27787120 - 05/21/22 04:22 PM (1 year, 8 months ago) |
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Here we go long positions in silver are opening up!! + 21.7%
https://pasteboard.co/vtJnak1WsmXu.png
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Gorlax



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Re: Silver - the most concentrated short of any commodity [Re: Loaded Shaman]
#27849044 - 07/04/22 12:06 PM (1 year, 6 months ago) |
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Here we are currently. Nothing has changed in the financial regime. Silver has only become more needed and scarce. The amount of solar that is being required now is astronomical. We are talking needing huge inventories of silver.
We are probably on the brink of a deflationary cycle coming up. You could def make an argument that cash would be the best thing to be in right now but we are currently in a high stagflation environment. I believe parking money into precious metals like #Silver that are bottomed is the move transitioning out of stagflation. It's arguable to be into cash during deflation to allow for liquidation purchases at massive discounts. I am a fan of both. I will be positioning my PM physical and cash accordingly. Things are never black/white with finance multiple interconnected networks and nodes feed into the system.
Here is the physical spot price of silver today. July 4th 2022. ~19.88
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: Silver - the most concentrated short of any commodity [Re: Gorlax]
#27849065 - 07/04/22 12:25 PM (1 year, 6 months ago) |
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Quote:
Gorlax said: Here we are currently. Nothing has changed in the financial regime. Silver has only become more needed and scarce. The amount of solar that is being required now is astronomical. We are talking needing huge inventories of silver.
We are probably on the brink of a deflationary cycle coming up. You could def make an argument that cash would be the best thing to be in right now but we are currently in a high stagflation environment. I believe parking money into precious metals like #Silver that are bottomed is the move transitioning out of stagflation. It's arguable to be into cash during deflation to allow for liquidation purchases at massive discounts. I am a fan of both. I will be positioning my PM physical and cash accordingly. Things are never black/white with finance multiple interconnected networks and nodes feed into the system.
Here is the physical spot price of silver today. July 4th 2022. ~19.88
Great report!! Thanks for sharing!
Personally, I treat silver like cash, sort of...... and at under $20, what a deal!
And it's undoubtable with the supply chain, fuel prices, and covid, that silver production is most likely going to be down, or at least a higher production cost.
I'm just waiting for the day that all this paper silver gets "called in" and it's not there for delivery. That's game over for the paper silver which is like 100x more "on paper" than there is actual silver. It's getting close I feel.
With the way the worlds going and people waking up to the governments and the stock markets bullshit, I'm seeing a massive explosion in the price of silver probably within the next 5 years.
The only bad news is, that I don't have tons of money to throw into it.
This might be the last great chance to buy silver at a discount.
Don't miss out! Gonna try to start selling some stuff I don't need like some of my rocks and minerals and other collectables that really are just nostalgic and convert that into silver.
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Gorlax



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Re: Silver - the most concentrated short of any commodity [Re: Asante]
#27852191 - 07/06/22 02:56 PM (1 year, 6 months ago) |
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Quote:
Forrester said: Any suggestions for a good place to order generic rounds or bars for as little over spot as possible?
https://www.patriotmetals.net/about used to accept bitcoin I bought some of the kilo stackers from them. Really nice.
Quote:
How, deflation?
This is how the markets cycle. You can see here.

We are currently in stagflation we are seeing GDP - slowing and CPI - rising. When the fed starts to rate hike. Which they will do several times we will start to begin to break the camels back. Technically we are already in a recession by the Atlanta FED they are predicting a negative GDP print..we already had 1. 2 means recession. People will begin to start liquidating assets like spare vacation homes, RVs, and the likes. This then significantly increase the supply. If you check the futures today we are already starting to see deflation across all commodities. Some of these have dropped 50% or more in the last month.

Check out cotton.
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Silver - the most concentrated short of any commodity [Re: Gorlax] 1
#27855875 - 07/09/22 10:17 AM (1 year, 6 months ago) |
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Quote:
Gorlax said: You guys here about these things called goldbacks? Pretty cool https://www.govmint.com/1-50-utah-goldback-aurum-24kt-gold-foil-notes-5-piece-set
they can always debase them to nickelbacks 
I doubt its close to spot.
these "debit cards" are close because the value is literally encased in the card:
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Loaded Shaman
Psychophysiologist



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Re: Silver - the most concentrated short of any commodity [Re: Fiery]
#27861970 - 07/14/22 01:32 AM (1 year, 6 months ago) |
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Picked up several of each of these just now:




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Forrester
aspiring sociopath


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Re: Silver - the most concentrated short of any commodity [Re: Asante] 2
#27870387 - 07/20/22 01:48 PM (1 year, 6 months ago) |
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Check out this 6oz round I got, kinda cool...
Eagle for scale.

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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Silver - the most concentrated short of any commodity [Re: Forrester] 1
#27870423 - 07/20/22 02:12 PM (1 year, 6 months ago) |
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ohh thats a beautiful piece!
Armenia has beautiful Noah's Ark coins of 999 silver, from 1/4oz up to 5kg.
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: Silver - the most concentrated short of any commodity [Re: Asante]
#27871812 - 07/21/22 03:54 PM (1 year, 6 months ago) |
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Quote:
Asante said: ohh thats a beautiful piece!
Armenia has beautiful Noah's Ark coins of 999 silver, from 1/4oz up to 5kg.
Yes! I love the Aremenian Rounds!@ I have 3 1oz ones really cool coin
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Asante
Mage


Registered: 02/06/02
Posts: 86,794
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Re: Silver - the most concentrated short of any commodity [Re: Forrester]
#27871830 - 07/21/22 04:08 PM (1 year, 6 months ago) |
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Quote:
Forrester said:
I'd love to get some gold but my play money isn't much so the best I'd be able to do is maybe 1-5g bits. The smaller units like that I've seen kinda kill ya at how much over spot they go for though, any recommendation on cheap gold units in the gram range?
of the standard bullion coins there are 1/10 and 1/20oz versions, but in my neck of the woods it tends to be cheaper to source old gold coins that are now sold around spot, or if you luck out mini bars such as these very handsome credit card ones:

coin collecters places generally have local old gold coins, especially more damaged ones, that may sell close to spot.
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Gorlax



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Re: Silver - the most concentrated short of any commodity [Re: Nymphaea]
#27893010 - 08/06/22 08:52 PM (1 year, 5 months ago) |
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I know that feels I've had to liquidate some of my bars for cash before and no matter what you are going to lose some money in the process. What was awesome though is my local jeweler gave me a guy who would pay so close to spot I was mind blown. I met him at his shop and he was legit. These are the kind of people you need to find and take down their numbers. They deal with very large amount of silver and gold and can usually squeeze in a favor here and there for you. I liquidated kilo bars too.
Anyways Silver and Gold are looking bullish 

Edited by Gorlax (08/06/22 08:53 PM)
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gopher
Coffee Bean Extraordinaire



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Re: Silver - the most concentrated short of any commodity [Re: Loaded Shaman] 1
#27900490 - 08/12/22 11:11 AM (1 year, 5 months ago) |
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Can this also be the post your shinies thread?

These are my pocket pieces rn, eventually I'm going to change an american eagle for one of the maple leafs
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Edited by gopher (08/12/22 11:12 AM)
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gopher
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Re: Silver - the most concentrated short of any commodity [Re: Asante]
#27901822 - 08/13/22 10:08 AM (1 year, 5 months ago) |
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I just bought the TD sale, 3 rounds $103 free shipping, I can't believe that was a sale price seemed like premium price
-------------------- For most of the normies out there, an operating system is just a bootloader for Google Chrome. Since Disney has obtained tremendous value from the public domain, knows how important the public domain is, and is firmly determined to never contribute anything to it. My pronouns are He and Him, and my adjectives are Fat and Jazzy
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Asante
Mage


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Posts: 86,794
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Re: Silver - the most concentrated short of any commodity [Re: gopher]
#27902033 - 08/13/22 01:33 PM (1 year, 5 months ago) |
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Quote:
gopher said: I just bought the TD sale, 3 rounds $103 free shipping, I can't believe that was a sale price seemed like premium price

spot right now is under $21 so in a honest world for $105 you should have gotten 5 rounds 
you can bet you paid premium, and this for generic rounds.
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gopher
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Re: Silver - the most concentrated short of any commodity [Re: Asante]
#27902156 - 08/13/22 03:58 PM (1 year, 5 months ago) |
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Quote:
Asante said:
Quote:
gopher said: I just bought the TD sale, 3 rounds $103 free shipping, I can't believe that was a sale price seemed like premium price

spot right now is under $21 so in a honest world for $105 you should have gotten 5 rounds 
you can bet you paid premium, and this for generic rounds.
Dont forget canadian money is less than US, I paid 7 Canadian dollars over spot per coin
-------------------- For most of the normies out there, an operating system is just a bootloader for Google Chrome. Since Disney has obtained tremendous value from the public domain, knows how important the public domain is, and is firmly determined to never contribute anything to it. My pronouns are He and Him, and my adjectives are Fat and Jazzy
Edited by gopher (08/13/22 03:59 PM)
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