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OfflineLoaded Shaman
Psychophysiologist
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Registered: 03/02/15
Posts: 8,006
Loc: Now O'Clock
Last seen: 27 days, 17 hours
Re: Silver - the most concentrated short of any commodity [Re: Nymphaea]
    #28046415 - 11/12/22 04:06 AM (1 year, 2 months ago)

Silver and gold UP, BTC DOWN (again)!


--------------------



"Real knowledge is to know the extent of one’s ignorance." — Confucius


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Offlinegopher
Coffee Bean Extraordinaire
I'm a teapot


Registered: 11/22/17
Posts: 12,990
Loc: Canada
Last seen: 12 hours, 24 minutes
Re: Silver - the most concentrated short of any commodity [Re: Loaded Shaman]
    #28046431 - 11/12/22 04:52 AM (1 year, 2 months ago)

My PSLV silver



My PHYS gold



And my paxg gold which was a rollercoaster it was down in the red $20 then up in the green $20 and now its settled at up a couple bux in the green, a rollercoaster



If I had to guest people sold it with thier crypto, seen it wasnt falling much and then bought it back up, or idk, something happened


--------------------
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

:kratom:


Edited by gopher (11/12/22 04:56 AM)


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InvisibleAsante
Mage
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Registered: 02/06/02
Posts: 86,794
Re: Silver - the most concentrated short of any commodity [Re: Loaded Shaman]
    #28046475 - 11/12/22 05:56 AM (1 year, 2 months ago)

Quote:

Loaded Shaman said:
Silver and gold UP, BTC DOWN (again)!





Silver: "let's make special bandages for burn victims!"

Gold: "let's make electricaL connects in microelectronics!"

Palladium: "let's drastically reduce air pollution!"

Platinum: "let's make fertilizer to enable affordable bountiful harvests!"

Bitcoin: "let's burn megatons of coal during an energy crisis just because"


--------------------
Omnicyclion.org
higher knowledge starts here


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Offlinegopher
Coffee Bean Extraordinaire
I'm a teapot


Registered: 11/22/17
Posts: 12,990
Loc: Canada
Last seen: 12 hours, 24 minutes
Re: Silver - the most concentrated short of any commodity [Re: Asante]
    #28046591 - 11/12/22 07:45 AM (1 year, 2 months ago)

https://www.thestar.com/business/opinion/2022/11/11/canada-should-rebuild-the-gold-reserves-it-sold-off-in-the-2000s-while-the-us-dollar-is-strong.html

Canada is metal broke, Trudy says canada dosnt need gold in the vaults because it has gold in the ground


--------------------
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

:kratom:


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InvisibleAsante
Mage
Male User Gallery

Registered: 02/06/02
Posts: 86,794
Re: Silver - the most concentrated short of any commodity [Re: gopher]
    #28047457 - 11/12/22 05:34 PM (1 year, 2 months ago)

they dont understand money.


--------------------
Omnicyclion.org
higher knowledge starts here


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Offlinetomnl
Beginner
Male User Gallery


Registered: 06/16/08
Posts: 1,635
Loc: Under the shroom
Last seen: 1 hour, 19 minutes
Re: Silver - the most concentrated short of any commodity [Re: gopher]
    #28048010 - 11/13/22 12:39 AM (1 year, 2 months ago)

Quote:

gopher said:
https://www.thestar.com/business/opinion/2022/11/11/canada-should-rebuild-the-gold-reserves-it-sold-off-in-the-2000s-while-the-us-dollar-is-strong.html

Canada is metal broke, Trudy says canada dosnt need gold in the vaults because it has gold in the ground




That makes as much sense as not needing a prime minister because you have one in the ground...


--------------------
Been away so long I hardly knew the place
Gee, it's good to be back home
Leave it till tomorrow to unpack my case
Honey disconnect the phone
I'm back in the USSA
You don't know how lucky you are, boy
Back in the US
Back in the US
Back in the USSA


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InvisibleAsante
Mage
Male User Gallery

Registered: 02/06/02
Posts: 86,794
Re: Silver - the most concentrated short of any commodity [Re: tomnl]
    #28048045 - 11/13/22 01:57 AM (1 year, 2 months ago)

you know how they say, better one Rutte in the ground than 5 Rutte coalitiions/


--------------------
Omnicyclion.org
higher knowledge starts here


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Offlinegopher
Coffee Bean Extraordinaire
I'm a teapot


Registered: 11/22/17
Posts: 12,990
Loc: Canada
Last seen: 12 hours, 24 minutes
Re: Silver - the most concentrated short of any commodity [Re: Asante]
    #28050922 - 11/14/22 02:58 PM (1 year, 2 months ago)



I got all the tarnish off with boiling water tinfoil and baking soda

Line a bowl with tinfoil

Put silver at the bottom

Cover with boiling water

Sprinkle a hell lot of baking soda in

Let stand

Wipe clean with a gentle cloth, the cloth will turn dirty ad it wipes grime and tarnish off

This tek uses electrolysis, tin foil is important


--------------------
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

:kratom:


Edited by gopher (11/14/22 03:00 PM)


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InvisibleAsante
Mage
Male User Gallery

Registered: 02/06/02
Posts: 86,794
Re: Silver - the most concentrated short of any commodity [Re: gopher]
    #28051206 - 11/14/22 04:42 PM (1 year, 2 months ago)

yup, works great, jewelers us it!

Looks great too, your shinies


--------------------
Omnicyclion.org
higher knowledge starts here


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OfflineManianFHS
living in perverty
 User Gallery


Registered: 07/06/04
Posts: 14,741
Last seen: 15 hours, 3 minutes
Re: Silver - the most concentrated short of any commodity [Re: Asante]
    #28051870 - 11/14/22 11:04 PM (1 year, 2 months ago)

Looks great man


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


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Offlinegopher
Coffee Bean Extraordinaire
I'm a teapot


Registered: 11/22/17
Posts: 12,990
Loc: Canada
Last seen: 12 hours, 24 minutes
Re: Silver - the most concentrated short of any commodity [Re: Asante]
    #28054557 - 11/16/22 02:18 PM (1 year, 2 months ago)

Quote:

Asante said:
whatevers next we will find it early and shine :sun:




Could be a gold and silver trading platform like

https://kinesis.money/

I watched someone buy off ebay with gold


--------------------
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

:kratom:


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Offlinegopher
Coffee Bean Extraordinaire
I'm a teapot


Registered: 11/22/17
Posts: 12,990
Loc: Canada
Last seen: 12 hours, 24 minutes
Re: Silver - the most concentrated short of any commodity [Re: gopher] * 1
    #28054560 - 11/16/22 02:19 PM (1 year, 2 months ago)



--------------------
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

:kratom:


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Offlinegopher
Coffee Bean Extraordinaire
I'm a teapot


Registered: 11/22/17
Posts: 12,990
Loc: Canada
Last seen: 12 hours, 24 minutes
Re: Silver - the most concentrated short of any commodity [Re: gopher]
    #28055924 - 11/17/22 10:20 AM (1 year, 2 months ago)

My pslv is down again, I'm going to start day trading it, next time its up 20-30 I'm going to sell and wait for it to dip to rebuy, rinse and repeat


--------------------
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

:kratom:


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OfflineLoaded Shaman
Psychophysiologist
Male User Gallery


Registered: 03/02/15
Posts: 8,006
Loc: Now O'Clock
Last seen: 27 days, 17 hours
Re: Silver - the most concentrated short of any commodity [Re: gopher]
    #28058726 - 11/18/22 05:47 PM (1 year, 2 months ago)

Get your physical now!!!


--------------------



"Real knowledge is to know the extent of one’s ignorance." — Confucius


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Offlinetomnl
Beginner
Male User Gallery


Registered: 06/16/08
Posts: 1,635
Loc: Under the shroom
Last seen: 1 hour, 19 minutes
Re: Silver - the most concentrated short of any commodity [Re: Loaded Shaman]
    #28060037 - 11/19/22 12:31 PM (1 year, 2 months ago)

W w w whatsgoingon!


--------------------
Been away so long I hardly knew the place
Gee, it's good to be back home
Leave it till tomorrow to unpack my case
Honey disconnect the phone
I'm back in the USSA
You don't know how lucky you are, boy
Back in the US
Back in the US
Back in the USSA


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OfflineNymphaea
Money-less Wanderer
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Registered: 04/16/09
Posts: 2,057
Loc: Mitten
Last seen: 1 day, 13 hours
Re: Silver - the most concentrated short of any commodity [Re: tomnl]
    #28060833 - 11/19/22 10:01 PM (1 year, 2 months ago)

If the stock market starts crashing hard in 2023 and there's a massive sell-off it could drive silver lower but I'm speculating that the physical price per ounce can't get lower than $20/oz...even if the paper price dips below $15.  I imagine there's some kinda floor under the physical price at this point with all the people who've bought in massively over the last year....people just can't afford to take massive losses on it like that even if they were out of a job...

...you would have to see some REAL desperation for people to consider selling physical for under $20 at this point and even then they would probably be trying to TRADE it by that point and it would start functioning more as a currency...

...I mean, it's possible that it dips lower but if the recession gets that bad they are bound to start sending out more shimmy checks at some point...unless they decide enough is enough with the money printing (but we can probably agree that won't happen).  Temporarily things could get bad enough for people to have to liquidate simultaneously with no one having any cash to buy up what's being liquidated...will people choose to hold a silver stack that's down only 20% or hold all their stocks when they are down 50%?  I guess it depends on the outlook of things.  Seems like any smart money that's around will want to scoop the deals on precious metals over some of the other assets (they already are scooping gold at the banks of that tells you anything about where the precious metals should be expected to be heading). 

I'm not sure what will happen of things get real bad...there may be a brief window where things really slow down financially before they either start actually breaking or they start printing like crazy...if things break it might be a tough beginning to try to trade precious metals for goods, although community may suprise us with it's unity in crisis...and if they try and print their way out of it you'll see the metals rise way up and the currencies will all start falling pretty hard and a new currency Era would likely have to begin...

...it's all going to depend on timing I believe...when will the BRICS nations new currency come online and will it be succesful?  And how will that coincide with other events?  Will the stock market and the jobs market truly start falling apart or just start seeing a gradual decline before finding an actual bottom? 

It's tough to speculate on silver or the dollar right now but I think it's important to have both.  I think it's becoming important to mix in a little gold to...

...I have a feeling crypto will be in a bear market for a little while longer at least...some may make some money speculating on bitcoin at this point to make one more run but even etherium could have a tough road ahead of it to survive and thrive over the next 10-20 years. 

I think everyone should be mixing in nickels into their stack if they are in the u.s. (no big risk there) and making sure to stock up a some copper.

Not enough could be said for basic essentials at this point like food, water, and ways to stay warm and healthy.  Heck even keeping a gas can or two ready to go in the garage...doesn't hurt that much if you have to simply add it to your tank in a couple months and go fill it up woth some fresh stuff...but could be quite a life saver!

Stay prepared, stay healthy, and stay happy.


--------------------
:huxleyfacepalm:


Plant Trees


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Offlinegopher
Coffee Bean Extraordinaire
I'm a teapot


Registered: 11/22/17
Posts: 12,990
Loc: Canada
Last seen: 12 hours, 24 minutes
Re: Silver - the most concentrated short of any commodity [Re: Nymphaea]
    #28067572 - 11/24/22 02:27 PM (1 year, 2 months ago)



--------------------
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

:kratom:


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InvisibleAsante
Mage
Male User Gallery

Registered: 02/06/02
Posts: 86,794
Re: Silver - the most concentrated short of any commodity [Re: gopher]
    #28067780 - 11/24/22 06:03 PM (1 year, 2 months ago)

:omgz:

Ghana wants to pay in gold to not touch their foreign currency reserves, they produce crude oil but have no refinery.


What an incredibly broken government.

Contract Shell to rebuild and uupgrade your refinery, paid for in currency and keeop the gold ffs.


--------------------
Omnicyclion.org
higher knowledge starts here


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InvisibleAsante
Mage
Male User Gallery

Registered: 02/06/02
Posts: 86,794
Re: Silver - the most concentrated short of any commodity [Re: Asante]
    #28072571 - 11/28/22 06:59 AM (1 year, 1 month ago)



--------------------
Omnicyclion.org
higher knowledge starts here


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Offlinegopher
Coffee Bean Extraordinaire
I'm a teapot


Registered: 11/22/17
Posts: 12,990
Loc: Canada
Last seen: 12 hours, 24 minutes
Re: Silver - the most concentrated short of any commodity [Re: Asante]
    #28072686 - 11/28/22 09:10 AM (1 year, 1 month ago)

Around 253 he talks about quanitative easing producing fake money, canadian reddits get touchy when I say that, they link a news article based off a twitter post by the bank of canada that says "we do not print money, we just bought bonds thats what QE is"

But I dont trust it, if they weren't printing money his would it.be possible for inflation


--------------------
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

:kratom:


Extras: Filter Print Post Top
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